Corrected: BUZZ-Aperam slumps after guiding for lower Q3 core earnings

Aperam SA

30/07/2026 08:38

Removes reference to shares underperforming peers
** Shares in Luxemburg-based steelmaker Aperam APAM.AS fall about 6% after it said its Q3 adjusted core earnings would fall quarter-on-quarter
** J.P.Morgan says Q2 was broadly in line but Q3’26 guidance slightly below expectations 
 ** "We expect potential low single digit FY'26 consensus EBITDA downward revisions following this release," JPM adds
** Shares fell as much as 9.1% at market open
** Including the session's fall, the stock has gained 23.3% since the beginning of the year
     

(Reporting by Javi West Larrañaga)
((javier.west@thomsonreuters.com; +34 918 35 61 12))