on Norddeutsche Affinerie AG (ETR:NDA)
Aurubis AG Maintains Stable Performance Amid Market Challenges
Aurubis AG, a prominent global non-ferrous metal provider, reported a stable operating earnings before taxes (EBT) of €229 million for the first six months of 2024/25, close to the previous year's €243 million. The consistency is attributed to higher metal revenue and increased sales of sulfuric acid and copper products.
The Multimetal Recycling segment recorded an operating EBT of €51 million, despite being impacted by higher launching costs at their new US site, Aurubis Richmond. The Custom Smelting & Products segment achieved €242 million in operating EBT.
Aurubis confirmed its forecast for the fiscal year, expecting an operating EBT in the middle of the €300 to €400 million range. The company continues investing in growth, with Aurubis Richmond set to process a significant volume of recycling materials in the future.
R. P.
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