Aurubis Reports Stable Q1 2024/25 Financial Performance

Aurubis AG, a global leader in non-ferrous metals and copper recycling, announced a robust operating earnings before taxes (EBT) of €130 million in Q1 2024/25, marking a 17% increase from the previous year. This growth was supported by higher metal results, increased sulfuric acid revenues, and reduced costs.

The Multimetal Recycling segment achieved an operating EBT of €27 million, while Custom Smelting & Products reached €125 million. The company's operating return on capital employed rose to 11.7%, compared to 9.7% the previous year.

Aurubis invested around €1 billion into strategic growth projects, expecting an EBITDA contribution of €260 million annually. Moreover, the launch of a new recycling plant in Belgium and the expansion of Industrial Heat in Hamburg highlight Aurubis’ focus on sustainable growth.

Additionally, Aurubis confirmed a forecasted operating EBT of €300 to €400 million for the fiscal year, anticipating strong demand for copper products. The company’s positive cash flow reflects stable financial health despite significant investments.