Business
ACX: EBITDA fell 29% in 2024, but US expansion and portfolio shifts position Acerinox for recovery
ACX: EBITDA fell 29% in 2024, but US expansion and portfolio shifts position Acerinox for recovery
About this update from Acerinox Sa
Acerinox's FY2024 results reflect lower revenue and EBITDA amid weak demand, but strategic moves like the Haynes acquisition and Bahru sale strengthen its US presence and focus on high-value products. Net debt rose due to acquisitions, with a stable outlook for 2025. Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.