Aurubis AG
Aurubis AG: Aurubis AG increases full-year forecast
Aurubis AG / Key word(s): Change in Forecast
Aurubis AG increases full-year forecast
Hamburg, January 21, 2021 – Aurubis AG is increasing its forecast for operating earnings before taxes (EBT) for the current fiscal year 2020/21: The Aurubis Group now expects an operating EBT between € 270 million and € 330 million. The forecast range for operating EBT was previously between € 210 million and € 270 million. The company anticipates a return on capital employed (ROCE) of 9 to 12 % following the previous forecast of 8 to 11 %. Aurubis now expects a further significant increase in refining charges for recycling materials, a higher metal result with increased metal prices, and strongly improved copper product demand. According to preliminary figures, Aurubis AG generated operating EBT of € 82 million in Q1 of fiscal year 2020/21 (previous year: € 31 million). The result for the quarter fulfills the current market expectation for Q1 2020/21. The former Metallo Group companies, which have been included in the Aurubis Group since June 1, 2020, contributed to the operating result in Q1 2020/21. Q1 of the previous fiscal year was influenced by a planned maintenance shutdown at the Hamburg site with a negative effect of approximately € 34 million on earnings. IFRS consolidated earnings before taxes (EBT) in Q1 2020/21 amount to € 226 million according to preliminary calculations (previous year: € 100 million). Contact: Angela Seidler Vice President Investor Relations, Corporate Communications & Sustainability Phone +49 40 7883-3178 a.seidler@aurubis.com
21-Jan-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Aurubis AG |
Hovestrasse 50 | |
20539 Hamburg | |
Germany | |
Phone: | +49 (0)40 / 78 83 – 31 78 |
Fax: | +49 (0)40 / 78 83 – 31 30 |
E-mail: | a.seidler@aurubis.com |
Internet: | www.aurubis.com |
ISIN: | DE0006766504 |
WKN: | 676650 |
Indices: | MDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1162336 |
End of Announcement | DGAP News Service |
Aktuelle News
Aktuelle Berichte
Anstehende Events
Events Funktionen
Weitere Funktionen
Webcasts
Keine Webcasts gefunden