ArcelorMittal (NYSE: MT) reported Q4 EPS of ($0.53), versus ($0.69) reported last year. Revenue for the quarter came in at $18.72 billion, versus $19.85 billion reported last year.

FY14 EBITDA was $7.2 billion and Q4 EBITDA came in at $1.8 billion.

Outlook and guidance:

• The Company expects Group EBITDA to be within the range of $6.5 billion to $7 billion for 2015
• Steel segments: Overall, steel markets continue to grow, in particular for our high value-added products; a forecast 4-5% increase in shipment volumes (approximately half of which follows the Newcastle reline completion and full year impact of the restart of BF#3 in Tubarao, Brazil) together with improved cost performance are expected to offset the impact of lower transaction prices and the impacts of translation
• Mining segment: Assuming current market conditions, in excess of one-third of the impact of lower iron ore prices on revenues will be offset by improved cost performance including the benefits of foreign exchange, energy and freight as well as higher volumes
• Additionally, the Company expects net interest expense to decline to approximately $1.4 billion and capital expenditure to decline to approximately $3.4 billion in 2015
• As a result, at the bottom end of the guidance range the Company would expect to be free cash flow positive. While net debt is expected to follow a normal seasonal pattern, overall progress towards the medium term net debt target of $15 billion is anticipated during the course of 2015

For earnings history and earnings-related data on ArcelorMittal (MT) click here.