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Aurubis Q2 Consolidated Net Income Rises 24%; Raises FY26 Outlook

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Aurubis AG (NDA.DE,AIAGY.PK), a German multi-metal company, Monday said that its second quarter consolidated net income rose 24 percent from a year ago, helped by higher year-over-year metal result and improved earnings from the processing of recycling material. The company also lifted its annual outlook.

The company reported consolidated net income of 94 million euros or 2.15 euros per share in the second quarter, higher than 76 million euros or 1.73 euros per share in the same period last year.

Quarterly revenues rose 21 percent to 6.04 billion euros from 4.97 billion euros in the year-ago period.

According to Aurubis, operating Earnings before taxes came in at 121 million euros, up 15 percent from last year's 105 million euros.

On the XETRA Exchange, NDA.DE ended Friday's trading at 186.60 euros, down 6.20 euros or 3.2 percent.

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