ArcelorMittal Q1 profit tops expectations

The Luxembourg-based company said core profit (EBITDA) was $1.96 billion, higher than the average forecast in a company poll of $1.81 billion.

PTI

May 02, 2024 / 11:00 IST

ArcelorMittal Q1 profit tops expectations

ArcelorMittal, the world's second-largest steelmaker, reported on Thursday first-quarter core earnings above expectations after improved results in North America, Brazil, Europe and India.

The Luxembourg-based company said core profit (EBITDA) was $1.96 billion, higher than the average forecast in a company poll of $1.81 billion.

PTI

first published: May 2, 2024 11:00 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347