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Latest News: ArcelorMittal South Africa Ltd. ARCMITTAL [ACL]

Mon, 14 Jul 2025	Official Announcement [TN]
ArcelorMittal - Longs business & trading statement The company announced that the facility provided by the Industrial Development Corporation of South Africa SOC Ltd. ("IDC") in the amount of R1 683 million now has been fully drawn, enabling the Longs Business to continue to operate and fund its working capital and associated financial needs for Quarter 3 2025 ("2025 Q3"). Trading statement Shareholders were advised that the Company expects: •Earnings per share to improve from a loss of R1.09 per share (Comparable Period) to a loss within a range of R0.82 and R0.93 per share for the Current Period (representing a decrease in the loss per share of between 15% to 25%), and; •Headline earnings per share to improve from a R1.00 loss per share (Comparable Period) to a loss within a range of R0.89 and R0.99 per share for the Current Period (representing a decrease of between 11% to 1%) ArcelorMittal South Africa's reviewed condensed consolidated financial statements for the six months ended 30 June 2025 are expected to be released on the Stock Exchange News Service of the JSE ("SENS") on Thursday, 31 July 2025, with a virtual presentation on the same day. The presentation will be made available to all stakeholders on the Company's website at: arcelormittalsa.com.
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