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ACX — Acerinox News Story

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Acerinox jumps to 19-year highs on strong Q2 earnings beat

BUZZ-Acerinox jumps to 19-year highs on strong Q2 earnings beat

** Shares in Spanish steelmaker Acerinox ACX.MC jump about 8% after it reported considerably higher-than-expected Q2 earnings

** The company's Q2 core earnings came in at €176 million ($200 million), about 14% higher than the €154 million expected by analysts polled by LSEG

** The stock touches its highest price in 19 years

** Including the session's rise, the stock has gained about 37% YTD

** The stock is second-best performer on Europe's STOXX 600 index .STOXX

($1 = 0.8783 euros)


(Reporting by Javi West Larrañaga in Gdansk)

((javier.west@thomsonreuters.com; +34 918 35 61 12))

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