Aperam's Shares Surge by 8.73%, Setting a New Three-Year Record High
Aperam's stock experienced a remarkable session this Friday, February 6th, soaring by 8.73% to 40.36 euros in midday trading. This surge pushed the stainless steel specialist's shares beyond its previous all-time high of 38.25 euros, set on March 7, 2023. The performance follows the morning's announcement of the group's annual results.
Financial Results Announced
On Friday morning, the group announced an adjusted gross operating surplus of 339 million euros for the fiscal year 2025, down by 4.8% year-over-year. Consolidated revenue stood at 6 billion euros, slightly down by 2.8% compared to the previous year. Despite the contraction in profitability and revenue, the decline in net profit, and a still challenging sector environment, investors seem to appreciate Aperam's resilient differentiated value chain and are confident about an improvement announcement for the first quarter. However, the market's positive reaction contrasts with the published fundamentals. Operators appear to favor a forward-looking interpretation, possibly anticipating an improvement in the competitive environment or more favorable sector prospects. The absence of major deterioration in a difficult steel industry context might also reassure stakeholders, rewarding the group's ability to maintain margins in a pressured environment.
Technical Perspective
Technically, Aperam has been on an upward trajectory for several weeks. The stock is now well above its 50-day (34.83 euros) and 200-day (29.72 euros) moving averages, confirming the strength of the bullish trend. The crossing of the major resistance threshold at 37.28 euros is a strong technical signal, paving the way for new highs. The RSI momentum indicator, positioned at 59, indicates a positive dynamic without excessive overbuying, leaving room for a potential continuation of the movement. The weekly performance stands at 11.43%, while the quarterly gain reaches 36.08% and the annual surge peaks at 52.07%. This rally places the stock among the top performers in the European steel sector. The traded volumes indicate sustained investor interest, in a context where the group benefits from a revaluation after several challenging quarters. The one-month measured volatility at 8.22 remains contained, reflecting a structured rally rather than erratic speculation.
