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ArcelorMittal reports Q1 adjusted EPS 76c, consensus $1.30

Reports Q1 revenue $15.46B, consensus $17.04B. The company said, “Performance in the first quarter was resilient despite the unsettled backdrop in the Middle East with profitability of $131/t EBITDA reflecting the benefits of our global diversified asset portfolio and the consistent application of our strategy. We also continued to improve our safety performance with the lowest quarterly LTIFR in the history of the Group, showing the tangible results of our sustained focus in this area.”

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