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Acerinox ( (ES:ACX) ) just unveiled an update.
Acerinox reported a strong performance in the first quarter of 2025, achieving an EBITDA of 102 million euros, surpassing previous expectations despite challenges from geopolitical and tariff issues. The company saw a significant increase in steel production and managed to reduce working capital while paying an interim dividend. Looking ahead, Acerinox anticipates a higher EBITDA in the second quarter, driven by a solid order book in the U.S. and strategic initiatives in Europe, although uncertainties in demand persist.
More about Acerinox
Acerinox is a prominent player in the steel industry, specializing in the production of stainless steel and high-performance alloys. The company focuses on both the European and American markets, where it continues to implement strategic plans to enhance its market position.
Average Trading Volume: 970,312
Technical Sentiment Signal: Buy
Current Market Cap: €2.43B
For a thorough assessment of ACX stock, go to TipRanks’ Stock Analysis page.