Q4 2020 key highlights · Revenue increased to $2.4 bn (+7% qoq; +3% yoy), supported by a recovery in rolled product prices. · EBITDA grew to $890 m (+54% qoq; +85% yoy), due to the expansion of the raw material/slab price spreads, recovery of production volumes at Stoilensky after the September incident, accrued refund from the US Department of Commerce in line with the settlement agreement, and gains from Strategy 2022 projects. EBITDA margin was 37% (+11 p.p. qoq; +16 p.p. yoy). · Free cash flow reduced to $229 m (-4 % qoq). The increase in EBITDA was offset by the outflow of cash to replenish working capital amid growing global steel and raw material prices.
Barry Gibb On Track For No 1 UK Album
Barry Gibb is on track for his very first UK Number 1 as a solo artist with Greenfields: The Gibb Brothers’ Songbook (Vol. 1).
The Bee Gees legend leads this week’s Official Albums Chart Update with the collection of country reinterpretations of he and his brothers’ classic hits, all of which are collaborations with some of the genre’s biggest names such as Dolly Parton, Keith Urban, Olivia Newton-John and Brandi Carlile.
Barry’s highest-charting album as a solo artist was 2016’s In The Now, which topped out at Number 3 on the Official Albums Chart. As part of Bee Gees, he claimed 5 UK Number 1 singles and 16 UK Top 10 albums – see where all of Bee Gees’ hit singles and albums charted in the UK.
11 January 2021
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Barry Gibb is on track for his very first UK Number 1 as a solo artist with Greenfields: The Gibb Brothers Songbook (Vol. 1).
The Bee Gees legend leads this week’s Official Albums Chart Update with the collection of country reinterpretations of he and his brothers’ classic hits, all of which are collaborations with some of the genre’s biggest names such as Dolly Parton, Keith Urban, Olivia Newton-John and Brandi Carlile.
Barry’s highest-charting album as a solo artist was 2016’s In The Now, which topped out at Number 3 on the Official Albums Chart. As part of Bee Gees, he claimed 5 UK Number 1 singles and 16 UK Top 10 albums – see where all of Bee Gees’ hit singles and albums charted in the UK.