Last $0.26 USD
Change Today 0.00 / 0.00%
Volume 0.0
ARRMF On Other Exchanges
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Exchange
OTC US
OTC US
Frankfurt
As of 8:10 PM 10/21/14 All times are local (Market data is delayed by at least 15 minutes).

arrium ltd (ARRMF) Snapshot

Open
$0.26
Previous Close
$0.31
Day High
$0.26
Day Low
$0.26
52 Week High
11/25/13 - $1.31
52 Week Low
10/21/14 - $0.26
Market Cap
763.7M
Average Volume 10 Days
288.0
EPS TTM
--
Shares Outstanding
2.9B
EX-Date
09/10/14
P/E TM
--
Dividend
$0.08
Dividend Yield
27.38%
Current Stock Chart for ARRIUM LTD (ARRMF)

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arrium ltd (ARRMF) Details

Arrium Limited is engaged in the mining and supply of iron ore and other steelmaking raw materials to steel mills in Australia and internationally. The company operates through Mining, Mining Consumables, Steel, and Recycling segments. The Mining segment owns and operates the Middleback Ranges and Southern Iron projects located in South Australia; and produces and exports hematite iron ore. The Mining Consumables segment manufactures and supplies consumables, such as grinding media, grinding rods, wire rope, grinding media feed, rebar and chemicals, and railway wheels and axles, as well as wheel sets for the rail transport and mining sectors. The Steel segment manufactures steel long products, billets, wire products, and rail and structural steel products; and distributes steel and metal products, including structural steel sections, steel plate, angles, channels, reinforcing steel, and carbon to the construction, manufacturing, and resource industries. The Recycling segment supplies steelmaking raw materials to foundries, smelters, and steel mills; and recycles ferrous and non-ferrous scrap metal. The company was formerly known as OneSteel Limited and changed its name to Arrium Limited in July 2012. Arrium Limited is headquartered in Sydney, Australia.

9,269 Employees
Last Reported Date: 08/18/14

arrium ltd (ARRMF) Top Compensated Officers

Chief Executive Officer, Managing Director an...
Total Annual Compensation: A$2.1M
Chief Financial Officer
Total Annual Compensation: A$1.4M
Chief Executive of Mining
Total Annual Compensation: A$1.4M
Chief Executive of Steel
Total Annual Compensation: A$1.2M
Chief Executive of Recycling
Total Annual Compensation: A$816.3K
Compensation as of Fiscal Year 2014.

arrium ltd (ARRMF) Key Developments

Arrium Mulls Sale Of Newcastle OneSteel Mill Site

THE future of OneSteel’s Newcastle steel mills is under a cloud after owner Arrium Limited (OTCPK:ARRM.F) confirmed that it is looking to sell at least part of the site and lease it back. Union secretary Richard Downie said that more than 1500 people were employed at the various Mayfield mills and the union would be seeking details of the proposal from Arrium. "We are, however, considering the sale and lease-back of a portion of the overall Mayfield site.” Arrium said. agents Colliers International is understood to have been engaged to handle the sale.

Arrium Limited Announces Consolidated Financial Results for the Year Ended June 30, 2014; Provides CapEx, Interest Expense and Tax Rate Guidance for 2015

Arrium Limited announced consolidated financial results for the year ended June 30, 2014. For the year, the company reported sales revenue of AUD 6,562.0 million against AUD 6,084.9 million a year ago. Profit from continuing operations before income tax was AUD 412.7 million against loss from continuing operations before income tax of AUD 3.1 million a year ago. Profit from continuing operations after tax was AUD 206.6 million against loss from continuing operations after tax of AUD 699.0 million a year ago. Net profit for the year is attributable to equity holders of the parent was AUD 205.4 million or 14.93 cents diluted share against net loss for the year is attributable to equity holders of the parent of AUD 701.1 million or 52.00 cents diluted share a year ago. Net operating cash flows were AUD 678.7 million against AUD 653.0 million a year ago. Purchases of property, plant and equipment was AUD 253.3 million against AUD 384.4 million a year ago. Mine development expenditure was AUD 182.0 million against AUD 137.0 million a year ago. Net tangible assets per security as on June 30, 2014 were AUD 1.29 against AUD 1.19 as June 30, 2013. Statutory sales revenue was AUD 7,007 million against AUD 6,841 million a year ago. Statutory NPAT for the year was AUD 205 million, up from a statutory net loss after tax (NLAT) of AUD 701 million for the prior year. Statutory operating cash flow was strong at AUD 679 million. Statutory EBITDA was AUD 781 million against AUD 532 million a year ago. Statutory EBIT was AUD 401 million against LBIT of AUD 715 million a year ago. Statutory net debt was AUD 1,708 million against AUD 2,115 million a year ago. Statutory earnings per share were 15.1 cents against loss per share of 52.0 cents a year ago. Underlying sales revenue was AUD 7,007 million against AUD 6,841 million a year ago. Underlying net profit after tax (NPAT) was AUD 296 million, an increase of 83% on underlying NPAT for the prior year of AUD 162 million. Underlying EBITDA was AUD 864 million against AUD 625 million a year ago. Underlying EBIT was AUD 497 million against AUD 309 million a year ago. Underlying operating cash flow was AUD 746 million against AUD 659 million a year ago. Underlying earnings per share were 21.8 cents against 12.2 cents a year ago. Free cash flow was AUD 310.8 million against AUD 136.5 million a year ago. Return on equity was 8.1% against 4.0% a year ago. The profit increase was due to growth in the company's mining business, which offset weakness in its steel making operations. In 2015, the company expects CapEx to be in the range of AUD 350 million to AUD 400 million. Including stripping activity of AUD 40 million to AUD 50 million, total capital spend will be in the range of AUD 390 million to AUD 450 million, which is broadly flat with 2014. It expects interest expense in the 2015 year to be in the range of AUD 100 million to AUD 110 million. The effective tax rate on underlying operations was 22%. And it expects the 2015 full year rate to be broadly similar to that.

Arrium Limited Announces Final Unfranked Dividend on October 16, 2014

Arrium Limited announced a final unfranked dividend of 3.0 cents per ordinary share. The Record date for determining entitlement to the final dividend is September 12, 2014 with ex-dividend trading commencing on 10 September 2014. The final dividend is expected to be paid on October 16, 2014.

 

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ARRMF Competitors

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Company Last Change
BlueScope Steel Ltd A$5.09 AUD +0.16
GWA Group Ltd A$2.69 AUD +0.06
Mount Gibson Iron Ltd A$0.53 AUD +0.03
Sims Metal Management Ltd A$11.00 AUD +0.30
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Industry Analysis

ARRMF

Industry Average

Valuation ARRMF Industry Range
Price/Earnings 1.5x
Price/Sales 0.1x
Price/Book 0.1x
Price/Cash Flow 4.5x
TEV/Sales NM Not Meaningful
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