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MarketScreener Homepage  >  Equities  >  Euronext Amsterdam  >  ArcelorMittal    MT   LU1598757687

ARCELORMITTAL

(MT)
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Liberty Steel names ex-ArcelorMittal executive to top role

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05/18/2020 | 10:57am EDT
Paramjit Kahlon, chief executive of ArcelorMittal CIS, speaks during an interview with Reuters in Kiev

Privately owned Liberty Steel Group said on Monday it has appointed a former executive of ArcelorMittal to a top role in the firm.

Paramjit Kahlon will become chief executive of primary steel and integrating mining at British-based Liberty Steel, part of the GFG Alliance, the steelmaker said in a statement.

GFG, a conglomerate owned by the family of British commodities tycoon Sanjeev Gupta, announced last October it was merging its steel operations into a new entity to be ready for a potential listing.

At ArcelorMittal, the world's biggest steel group, Kahlon was chief executive for CIS and the Middle East until last December and had also been chief technology officer.

Liberty Steel, with annual capacity of 18 million tonnes of steel products, has operations in 10 countries and 30,000 employees.

(Reporting by Eric Onstad; Editing by Susan Fenton)

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Financials (USD)
Sales 2020 53 273 M - -
Net income 2020 -1 880 M - -
Net Debt 2020 8 080 M - -
P/E ratio 2020 -5,31x
Yield 2020 0,61%
Capitalization 11 932 M 11 928 M -
EV / Sales 2019
EV / Sales 2020 0,38x
Nbr of Employees 191 248
Free-Float 69,6%
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Technical analysis trends ARCELORMITTAL
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Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 13,57 $
Last Close Price 10,92 $
Spread / Highest target 94,8%
Spread / Average Target 24,3%
Spread / Lowest Target -66,1%
EPS Revisions
Managers
NameTitle
Lakshmi Niwas Mittal Chairman & Chief Executive Officer
Aditya Mittal President & Chief Financial Officer
Brian Edward Aranha CTO, Executive VP, Head-Research & Development
Michel Wurth Non-Independent Non-Executive Director
Vanisha Mittal Bhatia Non-Independent Non-Executive Director
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STEEL DYNAMICS, INC.-23.71%5 462