ERAMET S.A. (ERA.PA)
- GuruFocus.com
Eramet SA (ERMAY) (Q2 2024) Earnings Call Highlights: Strong Production Gains Amid Financial ...
Eramet SA (ERMAY) reports significant increases in manganese and nickel production, while navigating a challenging pricing environment and negative cash flow.
- Simply Wall St.
3 Value Stock Picks On Euronext Paris Including Aramis Group SAS
The French stock market has faced recent challenges, with the CAC 40 Index dropping 3.65% amid renewed fears about global economic growth. As investors navigate these turbulent times, identifying undervalued stocks can present compelling opportunities for those looking to capitalize on potential market inefficiencies. In this article, we will explore three value stock picks on Euronext Paris, including Aramis Group SAS. In the current environment of economic uncertainty and fluctuating...
- Reuters
Eramet lifts profit outlook on manganese rally, says nickel market tough
Eramet raised its outlook for full-year core earnings on Thursday due to a jump in manganese prices, though the French miner expected the nickel market to remain tough after it contributed to a drop in the group's first-half results. The company reported a 27% drop in first-half adjusted earnings before interest, tax, debt and amortisation (EBITDA) to 247 million euros ($268.17 million), notably pressured by weaker nickel prices in a sector faced with a supply surplus. However, a rally in manganese ore prices, triggered by weather-related disruption to Australian production, led the group to increase its full-year adjusted EBITDA guidance range to 1.2 billion to 1.3 billion euros from the 750 million to 900 million euros projected previously.
