Aperam S.A.

APERAM is a stainless and specialty steel producer. Co. produces a range of stainless steel products and products including electrical steel (grain oriented, non-grain oriented, and non-grain oriented semi-processed steel), nickel alloys and specialties. Co. sells its products to customers on three continents in over 40 countries, including aerospace, automotive, catering, construction, household appliances and electrical engineering, industrial processes, medical, and oil & gas industries. Co. manages its business according to three operating segments: Stainless and Electrical Steel; Services and Solutions; and Alloys and Specialties.
  • TickerAPAML
  • ISINLU0569974404
  • ExchangeLuxembourg Stock Exchange
  • SectorIndustrial Metals & Mining
  • CountryLuxembourg

Analysts

1 director sold

A director at Aperam SA sold 136,163 shares at 22.882EUR and the significance rating of the trade was 67/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board mem...

Alain William ...
  • Anis Zgaya
  • Antoine Boivin-Champeaux
  • Christophe Chaput
  • Emmanuel Matot
  • Fehmi Ben Naamane
  • Hela Zarrouk
  • Jean-François Granjon
  • Khaled Ben Amor
  • Martial Descoutures
  • Matthias Desmarais
  • Michael Foundoukidis
  • Pierre Corby
  • Rémi Adam
  • Stephane Houri
  • Yan Derocles

ODDO BHF Small & MIDCAP MORNING NEWS - 05/09/2019

...

Alain William ...
  • Anis Zgaya
  • Antoine Boivin-Champeaux
  • Emmanuel Matot
  • Fatma Agnès Hamdani
  • Fehmi Ben Naamane
  • Hela Zarrouk
  • Jean-François Granjon
  • Khaled Ben Amor
  • Martial Descoutures
  • Matthias Desmarais
  • Michael Foundoukidis
  • Olivier Lebrun
  • Pierre Corby
  • Rémi Adam
  • Stephane Houri
  • Yan Derocles

ODDO BHF Small & MIDCAP MORNING NEWS - 09/05/2019

...

Alain William

Aperam : Looking brighter in Q2 2019. The worst now seems to be over

>EBITDA at an historical low in Q1 2019 - Q1 2019 EBITDA missed our expectations at € 81m vs € 88m forecast. The disappointment was prompted mainly by the poor performance from the stainless & electrical steel division (EBITDA of € 52m vs € 87m in Q4 2018) which suffered from historically low price levels in Europe and unfavourable seasonality in Brazil. The gains stemming from the Leadership Journey programme, which came to € 34m (i.e. € 67m on an annualised basis vs...

Alain William

Aperam : Une embellie au T2 2019. Le pire semble désormais passé

>Une marge d’EBITDA à un niveau historiquement faible au T1 2019 - L’EBITDA du T1 2019 est ressorti en dessous de nos attentes à 81 M€ vs (88 M€ attendus). La déception est surtout venue de la contre-performance de la division Stainless & Electrical Steel (EBITDA de 52 M€ vs 87 M€ au T4 2018) qui a pâti d’un niveau de prix historiquement faible en Europe et d’une saisonnalité défavorable au Brésil. Les gains liés au programme de Leadership Journey qui ont atteint 34 M...

Alain William ...
  • Christophe-Raphaël Ganet
  • François Maury
  • Georges Dieng
  • Hela Zarrouk
  • Stephane Houri

ODDO BHF Small & MIDCAP MORNING NEWS - 05/08/2019

...

Alain William ...
  • Christophe-Raphaël Ganet
  • François Maury
  • Georges Dieng
  • Hela Zarrouk
  • Stephane Houri

ODDO BHF Small & MIDCAP MORNING NEWS - 08/05/2019

...

Alain William

Aperam : Q1 2019 below our expectations. Q2 expected to be stronger

>Weaker-than-expected Q1 EBITDA - Aperam’s Q1 2019 EBITDA of € 81m came in below both our expectations (€ 85m) and the consensus (€ 88m). This compares with EBITDA of € 90m in Q4 2018. Over the period, the negatives outweighed a strong showing from service and solutions (EBITDA of € 16m vs ODDO BHF: -€ 1m and -€ 3m in Q4 2018) thanks to higher shipments (+18% q-o-q at 214kt) and q-o-q positive inventory effects, in addition to better-than-expected results from alloys...

1 director sold

A director at Aperam SA sold 136,163 shares at 22.882EUR and the significance rating of the trade was 67/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board mem...

1 director sold

A director at Aperam SA sold 76,097 shares at 28.887EUR and the significance rating of the trade was 67/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board memb...

Alain William ...
  • Anis Zgaya
  • Antoine Boivin-Champeaux
  • Christophe Chaput
  • Emmanuel Matot
  • Fehmi Ben Naamane
  • Hela Zarrouk
  • Jean-François Granjon
  • Khaled Ben Amor
  • Martial Descoutures
  • Matthias Desmarais
  • Michael Foundoukidis
  • Pierre Corby
  • Rémi Adam
  • Stephane Houri
  • Yan Derocles

ODDO BHF Small & MIDCAP MORNING NEWS - 05/09/2019

...

Alain William ...
  • Anis Zgaya
  • Antoine Boivin-Champeaux
  • Emmanuel Matot
  • Fatma Agnès Hamdani
  • Fehmi Ben Naamane
  • Hela Zarrouk
  • Jean-François Granjon
  • Khaled Ben Amor
  • Martial Descoutures
  • Matthias Desmarais
  • Michael Foundoukidis
  • Olivier Lebrun
  • Pierre Corby
  • Rémi Adam
  • Stephane Houri
  • Yan Derocles

ODDO BHF Small & MIDCAP MORNING NEWS - 09/05/2019

...

Alain William ...
  • Anis Zgaya
  • Aurelien Sivignon
  • Christophe-Raphaël Ganet
  • Fatma Agnès Hamdani
  • Hana Maalej
  • Jean-François Granjon
  • Jeremy Garnier
  • Khaled Ben Amor
  • Nicolas Thorez

ODDO BHF Small & MIDCAP MORNING NEWS - 03/27/2019

...

Alain William ...
  • Anis Zgaya
  • Aurelien Sivignon
  • Christophe-Raphaël Ganet
  • Fatma Agnès Hamdani
  • Hana Maalej
  • Jean-François Granjon
  • Jeremy Garnier
  • Khaled Ben Amor
  • Nicolas Thorez

ODDO BHF Small & MIDCAP MORNING NEWS - 27/03/2019

...

Alain William ...
  • Christophe-Raphaël Ganet
  • Stephane Houri
  • Sven Edelfelt
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 03/27/2019

We are downgrading our recommendation on E.ON to Neutral after being on Buy since the tie-up with innogy was announced in March 2018. We currently believe that the official synergies (€ 600m-800m) are no longer a catalyst for creating value after the difficulties encountered by innogy over the past 18 months. As such, value creation for the shareholder is only possible via additional synergies (€ 150m-300m) and even then it would be limited to 2-16% compared to the current share price...

An unfavourable environment weighs on APERAM SA, which sees a downgrade to Slightly Negative

The independent financial analyst theScreener just requalified the general evaluation of APERAM SA (NL), active in the Steel industry. As regards its fundamental valuation, the title still shows 3 out of 4 stars and its market behaviour is seen as risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Slightly Negative. As of the analysis date March 1, 2019, the closing price was EUR 28.27 and its target price was estimated at EUR 22.28.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

MarketLine Department

Outokumpu Oyj - Strategy, SWOT and Corporate Finance Report

Outokumpu Oyj - Strategy, SWOT and Corporate Finance Report Summary Outokumpu Oyj - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights OutokumpuOyj (Outokumpu or 'the company') is Finland based stainless steel producing company. The company offers a wide range of metal products and services. Its major products includes classic family and pro family. Under classic fa...

MarketLine Department

POSCO - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's POSCO Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by POSCO since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage. Key Highlights This report...

MarketLine Department

Outokumpu Oyj - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's Outokumpu Oyj Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Outokumpu Oyj since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage. Key Highlig...

Expert Corporate Governance Service (ECGS)

Aperam - Assemblée Générale des actionnaires du

Cette année encore, au même titre que l'année dernière, en raison de nos fortes préoccupations liées à la gouvernance de la société ainsi qu'en raison de l'absence de communication de la rémunération individuelle du mandataire social dirigeant et de résolution permettant aux actionnaires de s'exprimer sur sa rémunération, la proposition demandant le quitus pour les administrateurs ne sera pas soutenue (résolution V). Le renouvellement de mandat de M. Lakshmi N. Mittal ne sera pas recommandé à cause du trop grand nombre de mandats (résolution VI).Par contre les renouvellements de mandat de de ...

Aperam - Assemblée générale des actionnaires du 07 mai 2019

Proxinvest publiera une étude analysant les résolutions proposées lors de la tenue de l’assemblée générale des actionnaires. Vous pouvez l'acquérir dès à présent et elle vous sera adressée par ResearchPool une fois publiée.

Jehanne Leroy

Proxy Report - 09/05/2018

Cette année encore, au même titre que l’année dernière, en raison de nos fortes préoccupations liées à la gouvernance de la société ainsi qu'en raison de l'absence de communication de la rémunération individuelle du mandataire social dirigeant et de résolution permettant aux actionnaires de s'exprimer sur sa rémunération, la proposition demandant le quitus pour les administrateurs ne sera pas soutenue (résolution V). Les renouvellements du mandat d'administrateur de Philipe Darmayan sera approuvé car bien que non indépendant, le conseil reste majoritairement indépendant (résolution VI). La r...

Jérôme VINERIER

Analyse court terme - APERAM : Le mouvement se poursuit.

La tendance de fond est clairement orientée à la baisse. Le mouvement se poursuit. Le prochain objectif est à 29,20 €, puis 25,90 €. Le franchissement de 40,80 € remettrait en cause la suite de la baisse.

Jérôme VINERIER

Short term view - APERAM : The movement goes on.

The background trend is clearly bearish. The movement goes on. The next target is at €29.20, then €25.90. Passing €40.80 would question the continuation of the fall.

Jérôme VINERIER

Short term view - APERAM : The background trend is clearly bearish.

The background trend is clearly bearish. The movement goes on. The next target is at €29.20, then €25.90. Passing €40.80 would question the continuation of the fall.

Jérôme VINERIER

Analyse court terme - APERAM : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Le mouvement se poursuit. Le prochain objectif est à 29,20 €, puis 25,90 €. Le franchissement de 40,80 € remettrait en cause la suite de la baisse.

Valérie GASTALDY

Medium term view - APERAM : The trend is bearish.

The trend is bearish. The movement goes on. The next target is at €28.00, then €25.00. Passing €41.30 would question the continuation of the fall.

ResearchPool Subscriptions

Get the most out of your insights

Get in touch