Trading Statement & Business Update – Headline earnings per share are expected to decline between 114% and 117% from a profit of R2.71 to a headline loss per share within a range of R0.38 and R0.46 per share. Arcelor was impacted by loadshedding, rail, high inflation, and soft market demand. Net borrowing also remains high. This also follows the surprise resignation of the CFO.
Click Here to Read the SENS