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MarketScreener Homepage  >  Equities  >  Euronext Amsterdam  >  Aperam    APAM   LU0569974404

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Aperam : appoints Ines Kolmsee as CEO Services & Solutions

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09/18/2017 | 06:31pm CEST

Luxembourg September 18, 2017 - Aperam announces today that Ines Kolmsee is appointed Chief Executive Officer of its Services & Solutions segment (1) effective October 1, 2017. Ines will be a Member of Aperam's Leadership Team and will report to Timoteo Di Maulo, CEO of Aperam.

Ines Kolmsee (47 years), has a deep industry experience (Steel and Energy) which she gained when holding various international leadership roles. Throughout her career she occupied various roles at top management level in the areas of Finance and Technology and worked as CEO. Between 2004 and 2014 Ines Kolmsee was CEO of SKW Stahl Metallurgie, a global supplier of chemical products for the steel industry. Ines was then CTO and Member of the Board of EWE AG, one of the largest utility companies in Germany with more than 9,000 employees and sales of 7.6 billion Euro in 2016.

Ines holds an MBA (INSEAD), a Master Degree in Process and Energy Engineering (Technical University of Berlin, Germany) and a degree in Industrial Engineering (Ingenieur Civile des Mines, Ecole des Mines, St Etienne, France). She is also co-founder of the technology startup Smart Hydropower and has successfully built up the company as a Board member. She has also been a member of the Board of Directors of Umicore since 2011 and of Suez since 2014.

Message from Timoteo Di Maulo, CEO of Aperam: "I welcome Ines to our Leadership Team and I am convinced that her  extensive expertise in international industrial environments will further strengthen Aperam's strong end user focus with the objective to always deliver the best stainless steel products and solutions to our customers."

About Aperam

Aperam is a global player in stainless, electrical and specialty steel, with customers in over 40 countries. The business is organised in three primary operating segments: Stainless & Electrical Steel, Services & Solutions and Alloys & Specialties.

Aperam has 2.5 million tonnes of flat Stainless and Electrical steel capacity in Brazil and Europe and is a leader in high value specialty products. Aperam has a highly integrated distribution, processing and services network and a unique capability to produce stainless and specialty from low cost biomass (charcoal). Its industrial network is concentrated in six production facilities located in Brazil, Belgium and France.

In 2016, Aperam had sales of USD 4.3 billion and steel shipments of 1.92 million tonnes.

For further information, please refer to our website at www.aperam.com


Corporate Communications / Laurent Beauloye: +352 27 36 27 103
Investor Relations / Romain Grandsart: +352 27 36 27 36

(1)  Please refer to www.aperam.com, section Services & Solutions for additional information regarding this segment.

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Aperam via Globenewswire

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Financials ($)
Sales 2018 5 628 M
EBIT 2018 469 M
Net income 2018 328 M
Finance 2018 110 M
Yield 2018 4,29%
P/E ratio 2018 10,70
P/E ratio 2019 10,31
EV / Sales 2018 0,65x
EV / Sales 2019 0,59x
Capitalization 3 777 M
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Mean consensus OUTPERFORM
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Average target price 57,1 $
Spread / Average Target 29%
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Timoteo Di Maulo Chief Executive Officer
Lakshmi Niwas Mittal Chairman
Sandeep Jalan Chief Financial Officer
Kathryn Ann Matthews Independent Director
Aditya Mittal Non-Independent Director
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