In spite of the gradual recovery seen since 2010, Arcelor's situation remains difficult. In 2012, sales reached CZK 32 bil and net profit amounted to CZK 626 mil only, that is still 59% and 92% less than in 2004. EBITDA margin accounted to 3% of sales in 2012, down 60% compared to the average seen in 2007-2011.