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Acerinox ( (ES:ACX) ) has provided an update.
Acerinox reported a strong first quarter in 2025, achieving an EBITDA of 102 million euros despite geopolitical and tariff uncertainties affecting demand. The company saw a 29% increase in steel production and a 17% rise in revenue compared to the previous quarter. Acerinox is concentrating on executing its strategic plan and integrating Haynes International, aiming for higher EBITDA in the next quarter. The integration of Haynes is progressing well, with estimated synergies increasing to 75 million dollars.
More about Acerinox
Acerinox operates in the steel industry, specializing in the production of stainless steels and high-performance alloys. The company focuses on strategic growth and market adaptation amidst geopolitical and tariff challenges.
Average Trading Volume: 970,312
Technical Sentiment Signal: Buy
Current Market Cap: €2.43B
See more insights into ACX stock on TipRanks’ Stock Analysis page.