ArcelorMittal Q4 Loss Reduces - Quick Facts

(RTTNews) - Steel giant ArcelorMittal (MT) reported a narrower net loss attributable to equity holders of the parent of $955 million, or $0.53 per share for the fourth quarter 2014, versus a loss of $1.23 billion, or $0.69 loss per share, last year.

On the other hand, the company clocked sales of $18.72 billion in the quarter, down compared with the prior-year figure of $19.85 billion.

Looking ahead, the firm expects Group EBITDA to be within the range of $6.5 billion - $7 billion for 2015. Additionally, the company projects net interest expense to decline to around $1.4 billion and capital expenditure to decline to approximately $3.4 billion in 2015.

Further, the board proposes to maintain the annual dividend payment at $0.20 per share for 2015.