Aurubis Boosts Full-Year Outlook After Q3 Earnings Surge
Metal Recycling News | 2026-08-10 07:57:54
Meanwhile, the company noted that ramp-up of Aurubis Richmond- the first secondary smelter for multimetal recycling in the U.S., as well as the expansion of its Bulgarian copper tankhouse is in full progress.
By Paul Ploumis
SEATTLE (Scrap Monster): Aurubis expects to finish fiscal year 2025/26 near the top end of its earnings guidance. The company reported a strong third quarter and improved performance across its core businesses.
The copper and multimetal producer posted operating EBT of €374 million for the first nine months, up 31% from €286 million a year earlier. Operating EBITDA also climbed to €570 million, compared with €462 million in the corresponding period.
Third-quarter operating EBT reached €149 million, more than double the €57 million recorded a year earlier and significantly above the €121 million reported in the second quarter. The strong performance was mainly driven by higher copper and precious metal prices, stronger sulfuric acid sales and better recycling revenues, said a company news release.
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Higher capacity utilization rates and robust copper product sales also contributed to the earnings growth. It must be noted that the previous year’s results had been badly impacted due to scheduled maintenance at its Bulgarian operations.
Based on strong quarterly performance, Aurubis now expects fiscal-year operating EBT between €425 million and €525 million, which is at the upper end of its previously released forecast.
Meanwhile, the company noted that ramp-up of Aurubis Richmond- the first secondary smelter for multimetal recycling in the U.S., as well as the expansion of its Bulgarian copper tankhouse is in full progress.
POLL
What was the key driver of Aurubis’ earnings growth in Q3 2025/26?
Frequently Asked Questions
- How did Aurubis perform during the first nine months of fiscal 2025/26?
Aurubis reported operating EBT of €374 million, up 31% from €286 million a year earlier. Operating EBITDA also increased to €570 million from €462 million.
- What drove Aurubis’ strong third-quarter earnings?
Third-quarter operating EBT rose to €149 million, supported by higher copper and precious metal prices, stronger sulfuric acid sales, improved recycling revenues, higher capacity utilization and robust copper product sales.
- What is Aurubis’ earnings guidance for fiscal 2025/26?
Aurubis expects operating EBT between €425 million and €525 million for fiscal 2025/26, indicating that it anticipates finishing the year near the upper end of its previously issued guidance.
