Aurubis

EQS-News: Salzgitter AG: Diversification paying off – satisfactory result despite increasingly difficult market environment

Retrieved on: 
Wednesday, April 10, 2024

Consolidated external sales decreased to € 10.8 billion, due above all to the downtrend in average revenue for steel products.

Key Points: 
  • Consolidated external sales decreased to € 10.8 billion, due above all to the downtrend in average revenue for steel products.
  • Business development in the first quarter of 2024 continued to be impacted by the adverse circumstances in the second half of 2023.
  • As a result, EBITDA contracted to € 677.0 million (2022: € 1,618.2 million) and earnings before taxes to € 238.4 million (2022: € 1,245.4 million).
  • The result includes a contribution of € 40.0 million from Aurubis AG (2022: € 156.3 million), an investment included at equity (IFRS accounting).

EQS-News: Aurubis achieves strong Q1 2023/24 result

Retrieved on: 
Tuesday, February 6, 2024

Lower energy costs for electricity and gas positively impacted the result in contrast to Q1 of the previous year.

Key Points: 
  • Lower energy costs for electricity and gas positively impacted the result in contrast to Q1 of the previous year.
  • A lower metal result due chiefly to falling metal prices for nickel, palladium and copper had a counteracting effect.
  • “Our € 111 million quarterly result shows that Aurubis continues to deliver strong results, even in challenging times.
  • * Because the IFRS result includes measurement effects of metal price fluctuations from unrealized transactions and other factors, Aurubis discloses an operating result (EBT) that differs from the IFRS result.

EQS-News: Aurubis achieves good full-year result of € 349 million despite extraordinary effects caused by criminal activities

Retrieved on: 
Thursday, December 21, 2023

After the record result in fiscal year 2021/22, the deviations were mainly attributable to the financial impact of the criminal activities directed against Aurubis.

Key Points: 
  • After the record result in fiscal year 2021/22, the deviations were mainly attributable to the financial impact of the criminal activities directed against Aurubis.
  • *
    “We can be pleased with the result of the past fiscal year, considering that it is the third-best result in company history – especially in light of the damages caused by the criminal activities directed against Aurubis.
  • Good operating performance coupled with high market demand for our products are clear proof of Aurubis’ potential.
  • The financial impact on the result deriving from the criminal activities directed against Aurubis was significant as well.

EQS-News: Aurubis AG: Aurubis AG generates preliminary operating earnings before taxes (EBT) of € 349 million at upper end of most recent forecast and will release final fiscal year results on December 20, 2023

Retrieved on: 
Thursday, December 14, 2023

Aurubis AG: Aurubis AG generates preliminary operating earnings before taxes (EBT) of € 349 million at upper end of most recent forecast and will release final fiscal year results on December 20, 2023

Key Points: 
  • Aurubis AG: Aurubis AG generates preliminary operating earnings before taxes (EBT) of € 349 million at upper end of most recent forecast and will release final fiscal year results on December 20, 2023
    The issuer is solely responsible for the content of this announcement.
  • Aurubis AG generates preliminary operating earnings before taxes (EBT) of € 349 million at upper end of most recent forecast and will release final fiscal year results on December 20, 2023
    Hamburg, November 22, 2023 – According to preliminary results, the multimetal company generated operating earnings before taxes (EBT) of € 349 million in fiscal year 2022/23 (previous year: € 532 million).
  • This puts EBT at the upper end of the most recent forecast set at € 310 to 350 million for the past fiscal year.
  • Additional details and the final 2022/23 fiscal year results will be disclosed on December 20, 2023.

EQS-News: Aurubis to invest € 330 million in precious metals processing and environmental protection in Hamburg, expanding project pipeline to € 750 million

Retrieved on: 
Thursday, December 14, 2023

Aurubis to invest € 330 million in precious metals processing and environmental protection in Hamburg, expanding project pipeline to € 750 million

Key Points: 
  • Aurubis to invest € 330 million in precious metals processing and environmental protection in Hamburg, expanding project pipeline to € 750 million
    The issuer is solely responsible for the content of this announcement.
  • These include around € 300 million earmarked for a new precious metals processing plant, the Precious Metals Refinery (PMR).
  • Precious Metals Hamburg comprises the entire precious metals processing chain in one closed security area.
  • With this new plant, Aurubis is significantly expanding production capacity in precious metals and laying the groundwork for additional growth strategy projects.

EQS-News: Aurubis equal opportunity network Women4Metals wins HR Excellence Award

Retrieved on: 
Thursday, December 14, 2023

The HR Excellence Awards are the most significant honor for outstanding HR management in Germany, Austria and Switzerland.

Key Points: 
  • The HR Excellence Awards are the most significant honor for outstanding HR management in Germany, Austria and Switzerland.
  • The network was founded by female Aurubis employees in 2019 with the goal of attracting more female staff to the company and to the traditionally male sector.
  • “The HR Excellence Award is a well-deserved honor for the entire Women4Metals team,” Aurubis CEO Roland Harings said at the award ceremony in Berlin.
  • Aurubis has around 7,200 employees, production sites in Europe and the US, and an extensive distribution network around the world.

EQS-News: Aurubis AG: Environmentally friendly metals: Aurubis concludes ammonia tests and plans to intensify cooperation with ADNOC

Retrieved on: 
Thursday, December 14, 2023

Following testing, Aurubis is pursuing strategic cooperation in the area of hydrogen with ADNOC, the supplier of the low-carbon ammonia for the test series in Aurubis’ production.

Key Points: 
  • Following testing, Aurubis is pursuing strategic cooperation in the area of hydrogen with ADNOC, the supplier of the low-carbon ammonia for the test series in Aurubis’ production.
  • The ammonia used in Aurubis’ testing arrived in Hamburg as part of a joint hydrogen project between the United Arab Emirates and Germany.
  • During the test series, which ran for several months, Aurubis successfully used ammonia as an energy source in the copper wire rod production facility.
  • Aurubis has around 7,100 employees, production sites in Europe and the US, and an extensive distribution network around the world.

EQS-News: Investing in sustainability: Aurubis optimizes slag processing at Bulgarian site

Retrieved on: 
Sunday, December 10, 2023

With the new slag processing approach, Aurubis is again going above and beyond current ecological standards.

Key Points: 
  • With the new slag processing approach, Aurubis is again going above and beyond current ecological standards.
  • “By optimizing slag processing, we are considerably reducing the fugitive emissions generated by the previous method.
  • In addition to benefiting the environment, the new method also improves metal yield by reducing copper loss in the slag.
  • “This slag processing technique enables us to recover an even higher proportion of copper from the slag and keep it in the production loop,” CEO and Vice President of Aurubis Bulgaria Tim Kurth said.

EQS-News: Aurubis AG: EcoVadis ranks Aurubis among the top one percent in its sector again

Retrieved on: 
Thursday, October 26, 2023

The company improved its score in the ranking by five points, or about seven percent, compared to the previous year.

Key Points: 
  • The company improved its score in the ranking by five points, or about seven percent, compared to the previous year.
  • “The outstanding EcoVadis rating is evidence of our continuous efforts to improve in all aspects of sustainability.
  • Additionally, the rating agency classified Aurubis’ carbon management at the ‘leader’ level for the first time.
  • Their conditions are tied to the EcoVadis rating, and large parts of Aurubis’ factoring are linked to ESG as well.

EQS-News: Aurubis AG: Aurubis continues to expand its pioneering role in certified metal production through the Copper Mark

Retrieved on: 
Thursday, September 28, 2023

Furthermore, the Aurubis plants in Belgian Beerse and in Stolberg, the first processor of rolled copper products to take part in the Fabricator category, have also started the Copper Mark certification process.

Key Points: 
  • Furthermore, the Aurubis plants in Belgian Beerse and in Stolberg, the first processor of rolled copper products to take part in the Fabricator category, have also started the Copper Mark certification process.
  • Our firm commitment to the international Copper Mark quality seal demonstrates the high expectations we place on ourselves,” says CEO Roland Harings.
  • The Copper Mark has now fully confirmed that the process meets the high expectations for responsible sourcing in the criterion on responsible minerals supply chains.
  • In February 2023, Aurubis was also one of the first companies in the world to commit to the new Copper Mark Chain of Custody Standard.