Market: Madrid
Symbol: ACX
ISIN: ES0132105018
Industry: Mineral, Metal & Transformation
Acerinox is the global leader in stainless steel and high performance alloys, creating the most efficient solutions for a sustainable future, maximising benefits for society and building value for our stakeholders.

Acerinox has the firm commitment to contributing to the achievement of the Sustainable Development Goals (SDGs) approved by the United Nations, particularly via manufacturing entirely and endlessly recyclable products, also promoting innovation, education, protection of biodiversity, development of professional relationships, the fostering of equality policies, paying special attention to disadvantaged social groups, and protecting and enforcing respect for human rights.
Currency EUR
Previous Close 10.03
Change (%) -1.38
Volume 598,640
Number of Shares (mln) 249.34
Market Cap (mln) 2,500.83
Key figures 2021 2022 2023

Melting shop production (thousand mt)

2,619 2,190 1,946

Net sales (million €)

6,706 8,688 6,608
Gross operating result / EBITDA (million €) 989 1,276 703

% over sales

14.7 14.7 10.6

EBIT (million €)

810 876⁽²⁾ 374⁽¹⁾
% over sales 12.1 10.1 5.7
Result before taxes and minorities (million €) 766 831 355
Result after taxes and minorities (million €) 572 556 228
Depreciation (million €) 179 193 171
Investments (million €) 101 154 175
Total assets (million €) 5,984 6,318 6,099
Equity (million €) 2,215 2,548 2,463
Net financial debt (million €) 578 440 341
Net financial debt / Equity (%) 26.1 17.3 13.9
Number of employees 8,128 8,201 8,239
Number of shares (million) 270.55 259.72 249.34
Return to shareholders (per share, €) 0.50 1.28⁽³⁾ 0.60
Return to shareholders (million €) 135 336⁽⁴⁾ 150
Daily average shares traded (nº of shares, million) 1.25 1.31 0.90
Share price at the end of the period (€) 11.38 9.24 10.66
Market capitalization (million €) 3,080 2,400 2,657
Book value per share - December, 31st (€) 8.20 9.81 9.88

(1) Includes an impairment of Bahru Stainless’s assets amounting to 156 million euros in Q4 2023.

(2) Includes an impairment of Bahru Stainless’s assets amounting to 204 million euros in Q4 2022.

(3) Includes the ordinary dividend of 0.50 euros/share and the indirect remuneration derived from the share buyback programme of 0.78 euros/share.

(4) Includes the ordinary dividend of 130 million € and the indirect remuneration derived from the share buyback programme (206 million €).

.
* 2023 Adjusted ROCE (excluding Bahru Stainless impairment) was 17.9%