Aperam’s third quarter 2016 results

Aperam has recently declared the results for the three months ending September 30, 2016. Timoteo Di Maulo, CEO of Aperam, commented: “Despite the traditional seasonal effect in Europe and slow ramp up post annual maintenance, Aperam continues to improve its performance, delivering the best net income and free cash flow in a third quarter since its inception. As the market conditions are improving in Europe, we are convinced that Aperam is very well positioned to deliver solid results thanks to its strong focus on operational excellence and value strategy.â€?

Aperam has also appointed Bernard Hallemans as Chief Operating Officer Stainless & Electrical Steel Europe and Member of the Leadership Team. Bernard Hallemans, previously Chief Technical Officer and Member of the Leadership Team, is replacing Jean-Paul Rouffiac (64 yo) who will retire towards the end of the year.

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