Aurubis AG Elevates Annual Forecast After Strong Nine-Month Results

Aurubis AG, a major player in non-ferrous metals, revises its annual forecast upwards following solid nine-month performance in fiscal 2024/25. The company reported an operating EBT of €286 million, driven by increased metal results and higher sulfuric acid and copper product sales. This performance aligns with an operating EBITDA of €462 million, comparable to the previous year. A notable rise in net cash flow to €357 million underscores the company's resilience amidst economic challenges, according to CEO Dr. Toralf Haag. Despite some setbacks like lower concentrate throughput and increased ramp-up costs, the strategic investment in growth projects bodes well for future earnings, with €1.7 billion invested to date.