Aperam Reports Third Quarter 2026 Financial Results

Aperam reported third-quarter 2026 adjusted EBITDA of €105 million, below the €108 million consensus, and revenue of €1.51 billion, below expectations of €1.57 billion. Net profit fell to €7 million from €116 million in the second quarter, while steel shipments declined 10.9% quarter over quarter to 540,000 tonnes, which the company attributed to seasonal demand weakness in Europe and other key markets. Net debt decreased to €980 million, and Aperam expects adjusted EBITDA to increase slightly in the fourth quarter.