on Norddeutsche Affinerie AG (ETR:NDA)
Aurubis Boosts Dividend Amid Stable Financial Performance
Aurubis AG reported a solid financial performance for the fiscal year 2024/25, with an operating earnings before taxes (EBT) of €355 million, in line with their forecast. Despite a challenging environment, the multimetal producer increased net cash flow by nearly 30% to €677 million. CEO Dr. Toralf Haag emphasized the company's stable performance and commitment to their investment strategy, allowing a dividend increase to €1.60 per share.
Projected EBT for 2025/26 is between €300 and 400 million, with a focus on free cash flow break-even before dividends. Aurubis aims to strengthen its leadership in the multimetal industry by investing in strategic projects, notably the Aurubis Richmond project in the US.
R. H.
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