Acerinox books lower than expected profit in second quarter
24/07/2025 07:09
July 24 (Reuters) - Acerinox ACX.MC reported a weaker than expected second-quarter core profit on Thursday, as steel demand in Europe struggles to recover. The Spanish steelmaker posted adjusted earnings before interest, taxes, depreciation and amortisation of 112 million euros ($131.84 million, missing analysts' average estimate of 126 million euros, according to data compiled by LSEG. ($1 = 0.8495 euros) (Reporting by Javi West Larrañaga in Gdansk Editing by Tomasz Janowski) ((javier.west@thomsonreuters.com; +34 918 35 61 12))