Q1 2023 Aperam SA Pre-Recorded Earnings Presentation Transcript

May 03, 2023 / NTS GMT

Release Date Price: €32.9 (-2.40%)

Transcript

Timoteo Di Maulo

Aperam S.A. - CEO

Welcome to Aperam Q1, '23 podcast. I am Tim Di Maulo, CEO of Aperam. Sud Sivaji, Aperam's CFO and I present to you a solid first quarter result that was generated in a challenging market environment. We will answer your questions at the webcast conference call today at 2:00 Central European Time. The dial-in details are on our website and on the last slide of this presentation. Please take note of our disclaimer regarding forward-looking statements on Page 2, and then we move to the highlights on Slide 3.

In Q1 this year, we realized a stable adjusted EBITDA in a quarter-on-quarter perspective, which is a new proof for the resilience of the company in an environment in which Europe was destocking and Brazil was in its seasonal low. And we had to afford a bunch of headwinds in the stainless business.

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