Algoma Steel Group Reports Fiscal 2023 Second Quarter Results
Algoma Steel Group Inc. (ASTL)
Company Research
Source: GlobeNewswire
Results In Line with Previously Announced Expectations Completed Labour Negotiations and Advanced Plate Mill Modernization Commissioning Electric Arc Furnace Construction Advancing as Planned Repurchased US$400 Million, or ~28% of Shares SAULT STE. MARIE, Ontario, Nov. 07, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced results for its fiscal second quarter ended September 30, 2022. Unless otherwise specified, all amounts are in Canadian dollars. Business Highlights and Fiscal 2023 to Fiscal 2022 Second Quarter Comparisons Consolidated revenue of $599.2 million, compared to $1.01 billion in the prior-year quarter.Consolidated income from operations of $5.6 million, compared to $402.1 million in the prior-year quarter.Net income of $87.2 million, or $0.36 per diluted share, compared to $288.2 million, or $4.02 per diluted s
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News
- Algoma Steel Inc. Announces Pricing of US$350 Million 9.125% Senior Secured Second Lien Notes due 2029GlobeNewswire
- CORRECTION: Dividend Payment Date Adjustment Due to Canadian Statutory HolidayGlobeNewswire
- Junk Issuers Rush to Refinance With Spreads Lowest Since 2022 [BNN Bloomberg (Canada)]BNN Bloomberg
- Algoma Steel Inc. Announces Proposed Offering of US$350 Million of Senior Secured Second Lien Notes due 2029 [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Algoma Steel Provides Fiscal Fourth Quarter 2024 Guidance [Financial Post (Toronto, Ontario, Canada)]Financial Post
ASTL
Earnings
- 8/10/23 - Beat
ASTL
Sec Filings
- 4/10/24 - Form 6-K
- 3/27/24 - Form 6-K
- 3/26/24 - Form 6-K
- ASTL's page on the SEC website