Steelmaker Acerinox's first-quarter earnings beat expectations
08/05/2026 07:12
May 8 (Reuters) - Spain's Acerinox ACX.MC reported first-quarter earnings above market expectations on Friday, helped by improved orders for stainless steel in Europe and the United States. The stainless steel producer reported adjusted core earnings of 119 million euros ($140 million) for the quarter. Analysts polled by LSEG had expected them to rise to 113.4 million euros on average. ($1 = 0.8519 euros) (Reporting by Javi West Larrañaga in Gdansk, editing by Milla Nissi-Prussak) ((Javier.West@thomsonreuters.com; +34 918 35 61 12;))