Arcelor Mittal, the world's largest steelmaker, reported a 2006 core profit of $15.3 billion on Wednesday, slightly below market expectations but in line with its own forecast.
Analysts polled by Reuters expected EBITDA (earnings before interest, tax, depreciation and amortisation) on average at $15.4 billion.
The steel giant previously told investors it saw core earnings coming in between $15.2 billion and 15.4 billion.
Arcelor Mittal also gave financial guidance for the first quarter of 2007, projecting core earnings to reach between $4.0 and $4.2 billion, in line with the last quarter of 2006.
Read more at Reuters South Africa
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