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    ACX   ES0132105018

ACERINOX S.A.

(ACX)
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Acerinox S A : committed to equality and diversity

03/06/2020 | 02:03pm EDT

In a group like Acerinox, which carries on its activities in more than 80 countries across five continents and is formed of people of different genders, cultures, religions and traditions, diversity and equality are valuable assets that enrich it and which it strives to promote and protect.

Acerinox has always opted for the professionalism, commitment and diversity of its employees, generating stable and high-quality employment. In fact, practically all those who work in Acerinox have a full-time permanent contract with the Group, which has given it a competitive advantage as a quality employer in the areas in which it operates.

Acerinox goes beyond the legal requirements to promote diversity in all its operations, meeting the commitments made in this connection, which are mainly those arising from the collective bargaining agreements.

11% of the Group's workforce in the plants and at head office are women (women make up 45% of employees at head office) and, although these figures are above the average for the Spanish steel industry (7.7%) and for the sector in general (8.04%), we are not going to stop here and we are working to improve this figure. Furthermore, 14% of women who work in the company hold the position of Head of Section or Director, compared to 8% of all male employees.

Acerinox promotes the hiring of women in pursuit of equality, but above all to boost efficiency, improve processes with new ideas and recruit talent by hiring qualified professionals from engineering schools, technical training centres and professional schools. In short, Acerinox pursues equality to strengthen its leadership as the most global and competitive company in the industry. For this purpose, Acerinox has collaboration agreements with more than 30 universities and study centres in four continents.

In this quest to recruit talent and to promote the hiring of women in the steel industry, Acerinox has prepared a video with some of the female employees at the Acerinox Europa plant (CLICK HERE TO VIEW THE VIDEO).

María López Álvarez, winner of the IV Acerinox Prize

On 20th February 2020, the IV Acerinox Prize awards ceremony took place, a prize awarded to university students who dedicate their final degree or master's project to the use of, research on or development of stainless steel, with an economic prize of €3,000.

This year, the winner was María López Álvarez for her final project for her master's in Structural & Construction Engineering titled 'Assessment of the effects of geometric and material non-linearity in stainless steel frames' led by professors Itsaso Arrayago Luquin and Esther Real Saladrigas from the School of Civil Engineering at the Polytechnic University of Catalonia in Barcelona. The prize was awarded by Bernardo Velázquez, CEO of Acerinox, at an event held at the faculty's events hall.

Disclaimer

Acerinox SA published this content on 06 March 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 March 2020 19:02:01 UTC


ę Publicnow 2020
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Financials
Sales 2021 6 439 M 7 465 M 7 465 M
Net income 2021 485 M 562 M 562 M
Net Debt 2021 574 M 665 M 665 M
P/E ratio 2021 6,90x
Yield 2021 4,20%
Capitalization 3 256 M 3 775 M 3 775 M
EV / Sales 2021 0,59x
EV / Sales 2022 0,53x
Nbr of Employees 8 384
Free-Float 73,5%
Chart ACERINOX S.A.
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Acerinox S.A. Technical Analysis Chart | ACX | ES0132105018 | MarketScreener
Technical analysis trends ACERINOX S.A.
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 18
Last Close Price 12,04 €
Average target price 15,49 €
Spread / Average Target 28,6%
EPS Revisions
Managers and Directors
Bernardo Velßzquez Herreros Chief Executive Officer & Executive Director
Miguel Ferrandis Torres Chief Financial Officer
Rafael Miranda Robredo Independent Chairman
Hans O. Helmrich Chief Operating Officer
George Donald Johnston Independent Director
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