皇冠体育-克利夫斯报告2022年第一季度业绩

• 第一季度收入60亿美元
• 第一季度净收入为8.01亿美元
• 第一季度调整后EBITDA1为15亿美元

皇冠体育——（皇冠体育官网商业资讯）——CLEVELAND- cliffs Inc.（纽约证券交易所代码：CLF）今天公布了截至2022年3月31日的第一季度业绩。

2022年第一季度合并收入为60亿美元，而去年第一季度收入为40亿美元。

2022年第一季度，公司净收入为8.01亿美元，即每股摊薄收益1.50美元。这包括以下一次性非现金费用，总计1.11亿美元，或每股摊薄0.21美元：

• 与印第安纳港4号高炉无限期闲置有关的加速折旧费用为6800万美元，即摊销后每股0.13美元；
• 与关闭Mountain State Carbon焦化设施相关的费用为2900万美元，即摊薄后每股0.05美元；和
• 1400万美元的债务清偿费用，即摊薄后每股0.03美元。

去年第一季度，公司净收入为4100万美元，摊薄后每股收益为0.07美元。

2022年第一季度调整后EBITDA1为15亿美元，而2021年第一季度调整后EBITDA1为5.13亿美元。

Cliffs董事长、总裁兼首席执行官Lourenco Goncalves表示：“我们第一季度的业绩清楚地表明，我们去年续签了固定价格合同，取得了成功。尽管钢铁现货价格从第四季度到第一季度下降，并对我们的业绩产生了滞后影响，但我们能够继续提供强劲的盈利能力。随着这一趋势持续下去，我们预计2022年将再创自由现金流纪录。”

贡萨尔弗继续说：“俄罗斯对乌克兰的侵略让所有人都清楚地看到，我们皇冠体育-皇冠体育斯一段时间以来一直在向客户解释的是：过度延伸的供应链很脆弱，容易崩溃，尤其是依赖进口原料的钢铁供应链。”没有一家钢铁公司可以不使用生铁或铁替代品（如HBI或DRI）作为原料生产高规格的扁钢。皇冠体育-克利夫斯在俄亥俄州、密歇根州和印第安纳州生产我们需要的所有生铁和HBI，使用的是明尼苏达州和密歇根州的铁矿石球团。有了这些，我们就能在皇冠体育官网创造并支持中产阶级的高薪工作。我们不从俄罗斯进口生铁；我们不进口HBI、DRI或平板。我们在ESG的各个方面都是班上最好的——E、S和g。”

贡萨尔维斯先生总结道：“在过去的八年里，我们的战略一直是保护和加强皇冠体育-克利夫斯免受去全球化的影响，我们一直认为这是不可避免的。俄罗斯入侵乌克兰原料丰富、页岩气丰富的顿涅茨煤盆地（Donbas）地区，证实了皇冠体育官网制造业的重要性以及以皇冠体育官网为中心的垂直一体化足迹的可靠性。当其他扁钢生产商争先恐后地为所需原料支付高价时，我们却脱颖而出，因为我们为当前的地缘政治气候做好了准备。”

2022年第一季度钢铁产品总量为360万吨，其中涂层占34%，热轧占25%，冷轧占18%，钢板占6%，不锈钢和电气占5%，其他占12%，包括板坯和钢轨。

在58亿美元的炼钢收入中，有18亿美元（31%）来自分销商和转炉市场；汽车市场销售额16亿美元，占28%；基础设施和制造业市场销售额15亿美元，占比27%；对钢铁生产商的销售额为8.16亿美元，占比14%。

2022年第一季度销售商品的炼钢成本包括2.9亿美元的折旧、损耗和摊销，其中包括与印第安纳港4号高炉无限期闲置相关的6800万美元加速折旧。

流动性和现金流量

截至2022年4月20日，在本周早些时候完成赎回所有2025年到期的9.875%优先担保票据后，公司的总流动性为21亿美元。

公司在2022年第一季度减少了2.54亿美元的主要长期债务。此外，皇冠体育斯本季度还以每股18.98美元的平均价格回购了100万股股票，使用了1,900万美元现金。

前景

cliff将2022年全年的平均销售价格预期从之前的每净吨1225美元上调至每净吨1445美元，使用与上一季度相同的方法。这一增长是由于2022年4月1日重新开始的固定价格合同的续签价格高于预期；热轧和冷轧钢材之间的预期价差更高；更高的期货曲线目前意味着2022年全年热轧卷板的平均价格为每净吨1300美元。

因此，皇冠体育斯预计在2022年将产生创纪录的自由现金流。

电话会议信息

皇冠体育-皇冠体育斯公司将于皇冠体育官网东部时间2022年4月22日上午10点召开电话会议。电话会议将进行现场直播，并存档在皇冠体育斯的网站：www.alphaetomega.net上。

关于皇冠体育-皇冠体育斯公司

皇冠体育-克利夫斯是北美最大的扁钢生产商。皇冠体育斯成立于1847年，是一家矿山运营商，也是北美最大的铁矿石球团制造商。公司从开采原料、直接还原铁、废铁到初级炼钢及下游精加工、冲压、工装、管材等垂直一体化。我们是北美汽车行业最大的钢铁供应商，由于我们提供全面的扁钢产品，我们为各种其他市场提供服务。皇冠体育-克利夫斯总部位于俄亥俄州皇冠体育，在皇冠体育官网和加拿大拥有约26,000名员工。

前瞻性陈述

This release contains statements that constitute "forward-looking statements" within the meaning of the federal securities laws. All statements other than historical facts, including, without limitation, statements regarding our current expectations, estimates and projections about our industry or our businesses, are forward-looking statements. We caution investors that any forward-looking statements are subject to risks and uncertainties that may cause actual results and future trends to differ materially from those matters expressed in or implied by such forward-looking statements. Investors are cautioned not to place undue reliance on forward-looking statements. Among the risks and uncertainties that could cause actual results to differ from those described in forward-looking statements are the following: continued volatility of steel, iron ore and scrap metal market prices, which directly and indirectly impact the prices of the products that we sell to our customers; uncertainties associated with the highly competitive and cyclical steel industry and our reliance on the demand for steel from the automotive industry, which has been experiencing a trend toward light weighting and supply chain disruptions, such as the semiconductor shortage, that could result in lower steel volumes being consumed; potential weaknesses and uncertainties in global economic conditions, excess global steelmaking capacity, oversupply of iron ore, prevalence of steel imports and reduced market demand, including as a result of the prolonged COVID-19 pandemic, conflicts or otherwise; severe financial hardship, bankruptcy, temporary or permanent shutdowns or operational challenges, due to the ongoing COVID-19 pandemic or otherwise, of one or more of our major customers, including customers in the automotive market, key suppliers or contractors, which, among other adverse effects, could lead to reduced demand for our products, increased difficulty collecting receivables, and customers and/or suppliers asserting force majeure or other reasons for not performing their contractual obligations to us; disruptions to our operations relating to the ongoing COVID-19 pandemic, including the heightened risk that a significant portion of our workforce or on-site contractors may suffer illness or otherwise be unable to perform their ordinary work functions; risks related to U.S. government actions with respect to Section 232 of the Trade Expansion Act of 1962 (as amended by the Trade Act of 1974), the United States-Mexico-Canada Agreement and/or other trade agreements, tariffs, treaties or policies, as well as the uncertainty of obtaining and maintaining effective antidumping and countervailing duty orders to counteract the harmful effects of unfairly traded imports; impacts of existing and increasing governmental regulation, including potential environmental regulations relating to climate change and carbon emissions, and related costs and liabilities, including failure to receive or maintain required operating and environmental permits, approvals, modifications or other authorizations of, or from, any governmental or regulatory authority and costs related to implementing improvements to ensure compliance with regulatory changes, including potential financial assurance requirements; potential impacts to the environment or exposure to hazardous substances resulting from our operations; our ability to maintain adequate liquidity, our level of indebtedness and the availability of capital could limit our financial flexibility and cash flow necessary to fund working capital, planned capital expenditures, acquisitions, and other general corporate purposes or ongoing needs of our business; our ability to reduce our indebtedness or return capital to shareholders within the currently expected timeframes or at all; adverse changes in credit ratings, interest rates, foreign currency rates and tax laws; the outcome of, and costs incurred in connection with, lawsuits, claims, arbitrations or governmental proceedings relating to commercial and business disputes, environmental matters, government investigations, occupational or personal injury claims, property damage, labor and employment matters, or suits involving legacy operations and other matters; uncertain cost or availability of critical manufacturing equipment and spare parts; supply chain disruptions or changes in the cost, quality or availability of energy sources, including electricity, natural gas and diesel fuel, or critical raw materials and supplies, including iron ore, industrial gases, graphite electrodes, scrap metal, chrome, zinc, coke and metallurgical coal; problems or disruptions associated with transporting products to our customers, moving manufacturing inputs or products internally among our facilities, or suppliers transporting raw materials to us; uncertainties associated with natural or human-caused disasters, adverse weather conditions, unanticipated geological conditions, critical equipment failures, infectious disease outbreaks, tailings dam failures and other unexpected events; disruptions in, or failures of, our information technology systems, including those related to cybersecurity; liabilities and costs arising in connection with any business decisions to temporarily or indefinitely idle or permanently close an operating facility or mine, which could adversely impact the carrying value of associated assets and give rise to impairment charges or closure and reclamation obligations, as well as uncertainties associated with restarting any previously idled operating facility or mine; our ability to realize the anticipated synergies and benefits of our recent acquisition transactions and to successfully integrate the acquired businesses into our existing businesses, including uncertainties associated with maintaining relationships with customers, vendors and employees and known and unknown liabilities we assumed in connection with the acquisitions; our level of self-insurance and our ability to obtain sufficient third-party insurance to adequately cover potential adverse events and business risks; challenges to maintaining our social license to operate with our stakeholders, including the impacts of our operations on local communities, reputational impacts of operating in a carbon-intensive industry that produces greenhouse gas emissions, and our ability to foster a consistent operational and safety track record; our ability to successfully identify and consummate any strategic capital investments or development projects, cost-effectively achieve planned production rates or levels, and diversify our product mix and add new customers; our actual economic mineral reserves or reductions in current mineral reserve estimates, and any title defect or loss of any lease, license, easement or other possessory interest for any mining property; availability of workers to fill critical operational positions and potential labor shortages caused by the ongoing COVID-19 pandemic, as well as our ability to attract, hire, develop and retain key personnel; our ability to maintain satisfactory labor relations with unions and employees; unanticipated or higher costs associated with pension and OPEB obligations resulting from changes in the value of plan assets or contribution increases required for unfunded obligations; the amount and timing of any repurchases of our common shares; and potential significant deficiencies or material weaknesses in our internal control over financial reporting.

有关影响Cliffs业务的其他因素，请参阅第I部分第1A项。截至2021年12月31日的10-K表格年度报告中的风险因素，以及向皇冠体育官网证券交易委员会提交的其他文件。

财务表如下

皇冠体育-皇冠体育斯公司子公司的非公认会计准则调整- ebitda和调整后的ebitda

除了按照皇冠体育官网公认会计准则提交的合并财务报表外，公司还在合并的基础上提交了EBITDA和调整后EBITDA。EBITDA和调整后EBITDA是管理层在评估经营业绩时使用的非公认会计准则财务指标。这些指标的表述不应被视为与按照皇冠体育官网公认会计准则编制和表述的财务信息分离、替代或优于。这些指标的表述可能与其他公司使用的非公认会计准则财务指标不同。下表提供了这些合并措施与其最直接可比的GAAP措施的对账。

在businesswire网站上查看源代码：https://www.businesswire.com/news/home/20220422005106/en/

媒体联系人：Patricia Persico高级主管，企业传播（216）694-5316

投资者联系人：James Kerr投资者关系经理（216）694-7719

资料来源：Cleveland-Cliffs Inc。

2022年4月22日上映