acerinox sa (ACX) Snapshot

Acerinox, S.A., Board Meeting, Apr 22, 2013. Agenda: To approve the shareholders proposal the retribution to shareholders; and approve date and venue for general shareholders meeting.

Acerinox, S.A. announced condensed earnings and operating results for the first quarter ended March 31, 2013. For the period, the company reported net sales of €1,035.41 million compared to €1,230.42 million for the same period a year ago. Gross operating income was €68.26 million compared to €96.62 million for the same period a year ago. EBIT was €35.34 million compared to €60.00 million for the same period a year ago. Earnings before tax was €22.59 million compared to €45.80 million for the same period a year ago. Earnings after tax was €15.31 million compared to €29.36 million for the same period a year ago. Net cash outflow from operating activities was €133.5 million compared to net cash from operating activities of €84.6 million for the same period a year ago. Payments for investments on fixed assets were €69.1 million compared to €30.4 million for the same period a year ago. Net financial debt was €789.05 million compared to €1,027.50 million for the same period a year ago. Earnings after tax and minority interests per share were €0.06 compared to €0.12 for the same period a year ago. For the period, the company reported melting shop production of 586.933 Mt. compared to 614,238 Mt. for the same period a year ago. Hot rolling shop production was 514,843 Mt. compared to 538,966 Mt. for the same period a year ago. Cold rolling shop production was 365,581 Mt. compared to 379,175 Mt. for the same period a year ago. Long product (hot rolling) production was 58,416 Mt. compared to 60,179 Mt. for the same period a year ago.

Acerinox, S.A., Annual General Meeting, Jun 05, 2013. Location: Mutua Madrileña” Building. Agenda: To approve retribution to shareholders.