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MTS ArcelorMittal SA News Story

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ArcelorMittal posts slight core profit beat for second quarter

July 31 (Reuters) - ArcelorMittal MT.AS, the world's second largest steelmaker, reported quarterly core profit slightly above market expectations on Thursday, helped by a positive price-cost effect in Europe and a higher contribution from India.

The Luxembourg-based company's earnings before interest, taxes, depreciation and amortisation (EBITDA) were $1.86 billion in the second quarter, just above analysts' consensus estimate of $1.85 billion provided by the company.

 (Reporting by Anna Peverieri in Gdansk, editing by Milla Nissi-Prussak)

 ((anna.peverieri@thomsonreuters.com
+48 58 746 90 23))

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