06.05.2025
AMAG AUSTRIA METALL AG: GOOD EARNINGS IN THE FIRST QUARTER OF 2025
- Q1/2025 benefited from volume increases in the Rolling Division as well as higher aluminium prices and premiums in the Metal Division
- Revenues grew by around +20% to EUR 401.4 million due to price and volume factors (Q1/2024: EUR 335.8 million)
- EBITDA increased by around +9% to EUR 46.1 million (Q1/2024: EUR 42.4 million)
- Net income after taxes of EUR 16.2 million, up around +22% on the previous year (Q1/2024: EUR 13.3 million)
- Cash flow from operating activities up by over +40% to EUR 51.1 million (Q1/2024: EUR 35.6 million)
- Outlook 2025: Q1 still insignificantly affected by US tariffs (25% in force since 12 March 2025). Increasing negative effects will become apparent from 2/2025. From today's perspective, full-year EBITDA of EUR 110 million to EUR 140 million can be achieved
15.04.2025
AMAG AUSTRIA METALL AG: DIVIDEND OF EUR 1.20 PER SHARE AND CHANGES TO THE SUPERVISORY BOARD APPROVED
- Annual General Meeting approves all items on the agenda
- Dividend of EUR 1.20 per share resolved
- Alessandro Dazza elected as new Chairman of the Supervisory Board
03.04.2025
AMAG AUSTRIA METALL AG HONORED WITH COMAC'S "SUPPLIER OF THE YEAR AWARD”
AMAG Austria Metall AG has been awarded the "Win-Win Cooperation Award" as 2024 Supplier of the Year by the Commercial Aircraft Corporation of China Ltd. (COMAC) at this year’s COMAC Supplier Conference in Xi’an, China.
20.02.2025
AMAG AUSTRIA METALL AG: GOOD EARNINGS IN THE 2024 FINANCIAL YEAR IN A CHALLENGING ENVIRONMENT
- Consistent execution of the AMAG strategy and tailwind from the Canadian aluminium smelter enabled a good revenue and earnings performance in a persistently difficult environment in Europe
- Revenues of EUR 1,448.8 million approximately at the previous year's level (2023: EUR 1,459.2 million)
- EBITDA of EUR 179.2 million at the upper end of the communicated EBITDA range (2023: EUR 188.4 million)
- Net income after taxes at EUR 43.2 million despite impairment losses (2023: EUR 66.4 million)
- Strong cash flow from operating activities of EUR 119.0 million (2023: EUR 180.9 million)
- Proposed dividend of EUR 1.20 per share
- Outlook 2025: Earnings forecast in the form of an EBITDA range premature due to uncertain market and economic developments
19.02.2025
AMAG AUSTRIA METALL AG: CHAIRMAN OF THE SUPERVISORY BOARD DI HERBERT ORTNER WILL LEAVE THE SUPERVISORY BOARD ON 15 APRIL 2025
- DI Herbert Ortner will resign from the Supervisory Board of AMAG Austria Metall AG at the end of the 14th Annual General Meeting at his own request
- Supervisory Board member Alessandro Dazza nominated to take over as Chairman of the Supervisory Board in the future