on Norddeutsche Affinerie AG (ETR:NDA)
Aurubis AG Forecasts Strong Financial Performance for 2025/26
Hamburg-based Aurubis AG reported a quarterly result aligning with market projections and revised its 2025/26 forecast upwards. The leading multimetal provider achieved operating earnings before taxes (EBT) of €105 million for the first quarter, down from €130 million the previous year, largely due to lower treatment and refining charges and planned maintenance activities.
Despite a challenging geopolitical atmosphere, Aurubis increased its full-year EBT forecast to a range of €375–475 million, attributing this to higher metal prices and robust demand for copper products. Net cash flow experienced a decline, impacted by elevated inventory levels and metal prices, but is expected to recover over the fiscal year.
The company has completed approximately 80% of its ongoing strategic growth investments, including projects in the US and Bulgaria, aimed at strengthening its multimetal leadership.
R. E.
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