Sulphur 417 Mar-Apr 2025
19 March 2025
Aurubis earnings up 17%
Aurubis AG has reported operating earnings before taxes of euro130 million ($134.8 million) for the first quarter of its fiscal year 2024/25, up around 17% on the figure for the equivalent period of last year (€111 million or $115.1 million). The company’s Custom Smelting & Products (CSP) segment posted €125 million ($129.7 million) in EBT compared with €107 million ($111 million) in the previous year. CSP comprises production facilities for processing copper concentrates as well as for manufacturing and marketing standard and specialty products, such as cathodes, wire rod, continuous cast shapes, strip products, sulphuric acid and iron silicate, via smelters in Hamburg and Pirdop, Bulgaria. The company attributes the higher EBT to higher metal prices, considerably increased sulphuric acid revenues, and robust earnings from copper product sales and lower costs, which more than compensated for a year-over-year decline in treatment and refining charges with lower concentrate throughput.
“The robust operating result of the first three months of the current fiscal year is another example of how Aurubis is continuing to build on its success. Our metals are the key to the energy and mobility transition,” Aurubis CEO Toralf Haag said. “Our cash flow developed positively despite intense investment in our international smelter network. This endorses our solid business model, successful even in macroeconomically challenging times.”
