Key ratios
Financial ratios
|
2012*
|
2013
|
2014
|
2015
|
2016
|
2017
|
|
EBITDA margin (%)
|
16%
|
14%
|
23%
|
24%
|
25%
|
26%
|
|
Operating profit margin (%)**
|
9%
|
6%
|
15%
|
17%
|
19%
|
20%
|
|
Net margin (%)
|
5%
|
1%
|
7%
|
12%
|
12%
|
14%
|
|
Slab cash cost ($/t)
|
388
|
348
|
283
|
206
|
194
|
260
|
|
EBITDA per tonne of steel produced (USD/t)
|
127
|
96
|
150
|
123
|
116
|
158
|
|
Net Debt / EBITDA (x)
|
n/a
|
1.92
|
0.70
|
0,60
|
0,39
|
0,35
|
*2012 results are presented in accordance with US GAAP; 2013-2017 results are presented in accordance with IFRS
** Operating profit before share of results of joint ventures, impairment of non-current assets and loss on disposals of property, plant and equipment
