Thursday, November 26, 2009

[Investors] Tata Steel: report net sales of Rs236bn (yoy down 46.6%, qoq up 1.3%), EBITDA of Rs6.9bn (yoy down 91.6%, qoq loss of Rs299mn) and net loss of Rs12bn (yoy net profit Rs50.3bn, qoq net loss Rs19.9bn).


We expect Tata Steel (consolidated) to report net sales of Rs236bn (yoy down 46.6%, qoq up 1.3%), EBITDA of Rs6.9bn (yoy down 91.6%, qoq loss of Rs299mn) and net loss of Rs12bn (yoy net profit Rs50.3bn, qoq net loss Rs19.9bn). Key things to watch out for – company's outlook on volume growth, cost reduction and improvement in Corus performance.

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The information contained and provided on this Website provides Investment advice for the education of investors. The posts are an information service only. Recommendations, opinions or suggestions are given with the understanding that readers acting on this information assume all risks involved. We do not assume any responsibility or liability resulting from the use of such information, judgment and opinions for Trading or Investment purposes.
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