Aperam SA (OTCPK:APEMY)

$ 29.1 -0.5579 (-1.88%) Market Cap: 2.10 Bil Enterprise Value: 2.78 Bil PE Ratio: 6.70 PB Ratio: 0.54 GF Score: 87/100

Q3 2020 Aperam SA Earnings Call Transcript

Nov 04, 2020 / 01:00PM GMT

Release Date Price: $29.38 (+6.88%)

Transcript

Operator

Hello, and welcome to Aperam Q3 2020 Results Call. My name is Val, and I will be your coordinator for today's event. Please note this conference is being recorded. (Operator Instructions) I will now hand you over to your host, Tim Di Maulo, CEO of Aperam to begin today's conference. Thank you.

Timoteo Di Maulo

Aperam S.A. - CEO

Thank you very much. Good afternoon, everybody. Thank you all for attending Aperam's earning conference call. Together with Sudha Sivaji, Aperam's CFO, I will present the results of the third quarter 2020. Please take note of our disclaimer regarding forward-looking statements.

Let's move to Slide 3 with the key developments of the third quarter. Q3 growth, the first step back towards a more normal business environment. The usual seasonal August slowdown in Europe was in large part compensated by the refilling of the supply chain, while Brazil experienced a strong quarter, even above the normal strong seasonality. We are also able to fully utilize the flexibility of our multiproduct business model, which benefited volumes.

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