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30.10.2024
AMAG AUSTRIA METALL AG: GOOD PERFORMANCE IN THE FIRST THREE QUARTERS OF 2024 IN A CHALLENGING ENVIRONMENT
- Broad set-up of the AMAG Group and high flexibility in operational processing enable solid revenue and earnings figures in a persistently difficult environment
- Revenues remain at a high level at EUR 1,078.7 million (Q1-Q3/2023: EUR 1,142.8 million)
- EBITDA of EUR 147.6 million reflects the overall good performance of AMAG's operating divisions (Q1-Q3/2023: EUR 166.0 million)
- Net income after taxes of EUR 54.3 million (Q1-Q3/2023: EUR 69.7 million)
- Cashflow from operating activities at a strong EUR 109.3 million (Q1-Q3/2023: EUR 157.0 million)
- Outlook for financial year 2024: Confirmation of EBITDA range of EUR 160 million to EUR 180 million, whereby the upper limit is primarily linked to valuation effects whose probability of occurrence can only be forecast to a limited extent
27.08.2024
AMAG signs Antwerp Declaration in support of sustainable industry
AMAG Austria Metall AG has signed the Antwerp Declaration, adding its voice to over 1,000 energy-intensive companies in the basic materials sector who are urgently calling for a European Industrial Deal. This initiative aims to accomplish the climate transition while maintaining the competitive position of Europe’s industrial sector.
07.08.2024
Sustainability at every step: AMAG AL4® ever now also offers certified, low carbon primary aluminium
- Certified sustainability: AMAG AL4® ever guarantees low CO2 emissions
- Certified primary aluminium with a maximum of 4.0 tonnes of CO2 per tonne aluminium expands AMAG AL4® ever portfolio
- Alouette smelter uses exclusively renewable electricity from hydropower and thus eliminates energy-related CO2 emissions completely
25.07.2024
AMAG Austria Metall AG: Solid half-year result despite continuing market weakness, especially in Europe
- Higher aluminium price in Q2/2024 and broad positioning of the AMAG Group noticeably cushion subdued demand for aluminium rolled products from certain industries
- Revenue of EUR 707.7 million down on the prior year due to price and volume factors (H1/2023: EUR 796.4 million)
- EBITDA of EUR 95.3 million below the very strong first half of 2023 (EUR 117.8 million), but better than second half of 2023
- Net income after taxes of EUR 33.4 million (H1/2023: EUR 51.0 million)
- Cashflow from operating activities grows to EUR 75.7 million (H1/2023: EUR 68.0 million)
- Outlook for 2024: Improved earnings forecast of EUR 160 million to
- EUR 180 million EBITDA, based on current assumptions regarding aluminium price, shipments and economic development
27.05.2024
AMAG EXPANDS ROOFTOP-PV PLANT AND STRENGTHENS COMMITMENT TO DECARBONISATION AT THE RANSHOFEN SITE
Existing rooftop-PV plant to be doubled to around 120,000 square metres in partnership with Energie AG; annual energy production of 13.3 GWh for AMAG's own requirements
03.05.2024
AMAG and ImWind conclude pioneering long-term power supply agreement from wind power
- AMAG and ImWind conclude one of the largest Power Purchase Agreements (PPA) for renewable energy in Austria
- At the Ranshofen site, 20 percent of the current annual electricity demand will be covered by wind power from ImWind in the future
- AMAG consistently continues its commitment to decarbonisation and a responsible value chain
- Start of a long-term partnership between AMAG and the Lower Austrian wind power pioneer
24.04.2024
AMAG AUSTRIA METALL AG: CHALLENGING ENVIRONMENT INFLUENCES QUARTERLY RESULT
- Quarterly performance influenced by lower aluminium price and lower shipment volumes due to partly subdued incoming orders in Q4/2023
- Revenue of EUR 335.8 million below the previous year's level due to price and volume factors (Q1/2023: EUR 404.8 million)
- EBITDA of EUR 42.4 million above Q4/2023, but lower than in previous year’s quarter (Q1/2023: EUR 60.8 million)
- Net income after taxes at EUR 13.3 million (Q1/2023: EUR 26.8 million)
- Cash flow from operating activities of EUR 35.6 million at the previous year's level (Q1/2023: EUR 35.6 million)
- Outlook for 2024: From today's perspective and assuming no significant global deterioration in the economic situation, full-year EBITDA is expected to be between EUR 150 million and EUR 180 million
22.04.2024
AMAG WINS AT AWARD CEREMONY: SPECIAL AWARDS FROM AIRBUS FOR INNOVATION, SUSTAINABILITY AND QUALITY
- AMAG honoured for the third time in a row for outstanding quality and delivery reliability ("Accredited Supplier Award")
- Special awards in the areas of innovation and sustainability
- AMAG's strategic focus on innovation and sustainability confirmed
26.03.2024
AMAG STRENGTHENS EXPERTISE IN HIGH-QUALITY SURFACES
- AMAG strengthens its position as a surface specialist with modern surface treatment line for high-quality aluminium surfaces
- Products from the new plant for a wide range of applications in various industries
- Digitalisation for quality, productivity and sustainability
15.02.2024
AMAG Austria Metall AG: Unique set-up enabled good business performance in 2023
- Rapid response to changes in the market and stable operating performance ensured a successful financial year for AMAG Group
- Revenue of EUR 1,459.2 million after a record previous year (EUR 1,726.7 million)
- EBITDA at EUR 188.4 million is the second-highest level in the company’s history (2022: EUR 247.1 million)
- Solid net income after taxes of EUR 66.4 million (2022: EUR 109.3 million)
- Significant increase in cash flow from operating activities of 110 % up to EUR 180.9 million (2022: EUR 86.1 million)
- Proposed dividend of EUR 1.50 per share
- Outlook 2024: Earnings forecast in the form of an EBITDA range premature due to uncertain market and economic development
08.01.2024
AMAG RECEIVES LARGE-SCALE ORDER TO SUPPLY AUDI PLANT IN GYÖR
- AMAG signs largest multi-year contract with AUDI AG in the company's history
- Long-standing customer relationship is thereby strengthened and expanded
- Significant contribution to reducing the CO2 footprint by recycling of aluminum scrap material
22.11.2023
APPOINTMENT OF DR. HELMUT KAUFMANN AS NEW CEO AND CLAUDIA TRAMPITSCH AS NEW CFO
- Dr. Helmut Kaufmann will take over the position of Chief Executive Officer (CEO) from January 1, 2024, in addition to his function as COO
- Claudia Trampitsch becomes CFO of AMAG Austria Metall AG from January 1, 2024
- Stability at AMAG ensured by the new composition of the Management Board
03.11.2023
FROM SUSTAINABILITY TO DIGITALISATION - AMAG SCORES WITH FIVE AWARDS IN OCTOBER
- AMAG receives SDG Award, Green Business Data Award, ALCAward, Effective Sustainability Communication Award and Best Business Award
- Awards for commitment to sustainability, digitalisation and responsible corporate governance
- Presentation of the awards in October 2023
31.10.2023
AMAG: INVESTMENT IN MODERN MACHINING CENTERS FOR THE AVIATION INDUSTRY
- Investment in state-of-the-art equipment for processing large-scale aviation components
- Master plan for growth and increased efficiency at the two German AMAG components sites being implemented
- Closing material loops as a contribution to achieving the sustainability goals of the aviation industry
25.10.2023
AMAG AUSTRIA METALL AG: CEO MAYER LEAVES THE COMPANY AT THE TURN OF THE YEAR
- Departure on best terms after 16 years on the Management Board
- Supervisory Board has started the process of finding a successor
24.10.2023
AMAG AUSTRIA METALL AG: SOLID TREND IN THE FIRST THREE QUARTERS OF 2023 DUE TO BROAD POSITIONING
- Product and sector diversity as well as the interest held in the smelter in Canada secure solid earnings trend within a challenging environment
- Continued positive trend in demand from the aircraft sector; stable development in the automotive industry; sports and architectural products as well as industrial applications still at a low level
- Revenue of EUR 1,142.8 million significantly exceeds EUR 1 billion level (Q1-Q3/2022: EUR 1,353.9 million)
- EBITDA at EUR 166.0 million due to overall good performance in the operating divisions (Q1-Q3/2022: EUR 217.4 million)
- Net income after taxes at a solid level of EUR 69.7 million (Q1-Q3/2022: EUR 106.7 million)
- Significant growth in cash flow from operating activities to EUR 157.0 million (Q1-Q3/2022: EUR 40.5 million)
- Guidance for FY 2023: EBITDA range between EUR 175 million and EUR 195 million
12.10.2023
AMAG RECEIVES AWARD FOR ITS OUTSTANDING SUSTAINABILITY REPORTING FOR THE THIRD TIME IN A ROW
- Award of the "Effective Sustainability Communication Award 2023" confirms the holistic sustainability communication of AMAG
- Once again top rating in integrative understanding of sustainability
- Award ceremony during the annual conference of the Cercle Investor Relations Austria (CIRA) in Vienna on 11.10.2023
10.10.2023
AMAG SIGNS MULTI-YEAR CONTRACT RENEWAL WITH AIRBUS FOR ROLLED PRODUCTS
- Long-term safeguarding of supply volumes with increased market shares
- AMAG rolled products are to be used in all Airbus aircraft families
- Successful partnership between AMAG and Airbus since 1995
09.08.2023
AMAG IS WORLD'S MOST SUSTAINABLE ALUMINUM COMPANY (RATING BY SUSTAINALYTICS)
- AMAG tops sustainability ranking with a superb result out of 39 aluminum companies evaluated worldwide
- Evaluation in the categories Environment, Social and Corporate Governance
- Sustainalytics evaluates 14,000 companies from 138 industries
02.08.2023
ALUREPORT SPECIAL ISSUE ESG
The new special issue of AluReport is different from our regular three issues per year. This special issue shows how we implement our ESG criteria and what indispensable measures and efforts we are making for a greener future.
"Everyone talks about this triad by which sustainability, ethical quality and the social impact of corporate action are assessed. So do we. Because talking helps - but is of course not enough on its own. That's why we asked ourselves: How do we as AMAG actually implement ESG criteria and what does it take to live these concepts on a daily basis? This special edition of the AMAG AluReport was created as a very individual answer. We are taking stock, reviewing and highlighting where and how we are taking concrete action along our unique AMAG value chain," says Gerald Mayer, CEO.
01.08.2023
AMAG RECENTLY CERTIFIED IN COMPLIANCE WITH JAPANESE INDUSTRIAL STANDARD
- AMAG again receives JIS Mark Scheme certification („Japanese industrial standard“) for aluminum products according to JIS H 4000
- JIS stands for highest quality and reliability
- AMAG became the first European aluminum producer to be certified in 2020
- In Japan, AMAG aluminum sheets and plates are mainly used in rail vehicles
27.07.2023
AMAG Austria Metall AG: Successful first half-year with significant cash flow growth
- Broad product portfolio, flexible order processing and rapid delivery capability ensured a successful first half of 2023. Demand significantly more subdued in some cases since the second quarter of 2023
- Revenue of EUR 796.4 million following a record in the previous year (H1/2022: EUR 904.3 million)
- EBITDA of EUR 117.8 million clearly reflects successful first half-year (H1/2022: EUR 156.5 million)
- Net income after taxes again at an attractive level of EUR 51.0 million (H1/2022: EUR 78.4 million)
- Significant growth in cash flow from operating activities to EUR 68.0 million (H1/2022: EUR -84.1 million)
- Outlook for 2023: EBITDA between EUR 160 million and EUR 190 million assuming no unexpected significant deterioration in the economic situation and a continued stable aluminium price
12.07.2023
AMAG's holistic approach to sustainability once again places it among global leaders in the industry
- EcoVadis once again honors AMAG 2023 with the highest "Platinum" sta-tus
- AMAG in the top one percent ("Top 1%") among global companies in the industry assessed by EcoVadis.
- This award is further confirmation of AMAG's holistic sustainability ap-proach
19.06.2023
AMAG has again received the "Accredited Supplier" award from Airbus
- Airbus has once again presented AMAG with the highest of four quality
awards - At this level, AMAG is currently the only supplier of rolled products to have
received this award twice. - Award for outstanding delivery reliability and product quality
- Successful partnership between AMAG and Airbus since 2005
27.04.2023
AMAG Austria Metall AG: Successful start to 2023
- Solid order trend and positive operating performance enable very good start to 2023
- Revenues up slightly to EUR 404.8 million (Q1/2022: EUR 399.0 million)
- Strong EBITDA of EUR 60.8 million following record quarterly earnings in the previous year (Q1/2022: EUR 68.0 million)
- Net income after taxes of EUR 26.8 million again at a high level (Q1/2022: EUR 32.5 million)
- Solid cash flow from operating activities of EUR 35.6 million (Q1/2022: EUR -130.3 million)
- Outlook for 2023: Subject to continuing solid market and economic trends and secure energy supplies, from today’s perspective EBITDA of between EUR 170 million and EUR 210 million is expected for FY 2023
16.02.2023
New revenue and earnings record in the financial year 2022
- Successful track record continued and challenges met with high productivity and flexibility as well as stable production levels
- Revenue significantly up by 37 % to EUR 1,726.7 million (2021: EUR 1,259.4 million)
- Strong EBITDA increase of 33 % to EUR 247.1 million, with earnings growth in all operating divisions (2021: EUR 186.2 million)
- Net income after taxes in the triple-digit range for the first time with an increase of +69 % to EUR 109.3 million (2021: EUR 64.6 million)
- Cash flow from operating activities significantly up by around 90 % to EUR 86.1 million (2021: EUR 45.6 million)
- Proposed dividend of EUR 1.50 per share
- Outlook for 2023: Too early for earnings guidance due to uncertain market and economic outlook. Continued positive demand for aluminium products according to the CRU
08.11.2022
Welcome to AMAG's new modern and sustainable homepage!
- AMAG homepage presents itself in a new design
- Sustainability through energy-saving representation
- AMAG's industrial and product areas presented in a structured and clear layout
27.10.2022
AMAG Austria Metall AG: Road to success continued in Q3 2022
• Significant revenue growth of 47 % to EUR 1,353.9 million (Q1-Q3/2021: EUR 923.8 million)
• EBITDA grows by 48 % to reach an all-time high of EUR 217.4 million (Q1-Q3/2021: EUR 146.5 million)
• Significant growth in net income after taxes of 87 % to reach EUR 106.7 million (Q1-Q3/2021: EUR 57.0 million)
• Optimised product mix and very good use of existing plant and personnel capacities as well as stable production play a crucial role
• Further business performance is being increasingly affected by partially declining demand and a general slowdown in the market as well as by high energy prices
• Outlook for 2022: EBITDA between EUR 230 million and EUR 250 million based on current estimates for trends in shipment volumes and prices, and assuming stable energy supplies
• Continued solid growth expectation for aluminium products in the medium and long term*
*See CRU Aluminium Market Outlook, October 2022
14.10.2022
AMAG once again recognised for outstanding sustainability reporting
• AMAG received the "Effective Sustainability Communicator Award 2022" for the second time
• AMAG achieves top scores in integrative understanding of sustainability in the ATX Prime Market and ranks second overall
• Ceremonial presentation of the award during the annual conference of the Cercle Investor Relations Austria (CIRA) on 12 October 2022 in Vienna.
13.10.2022
AMAG received "Gem" for sustainable digitalisation
• Award for AMAG and ACP Cubido from ICT Austria for "Sustainable Digitalization" in the category "Data science“
• Combination of IT solution initiatives has led to very successful new developments and optimisations at AMAG
• Digitalisation and the circular economy are drivers of innovation for AMAG's profitable development
19.09.2022
Award for AMAG with the Energy Globe Upper Austria 2022
- AMAG receives Energy Globe Upper Austria in the "Fire" category for Austria's largest rooftop photovoltaic system
- The award is a further endorsement of the holistic sustainability approach of AMAG
03.08.2022
World first: AMAG and Audi put aluminium wheel made of recycled aluminium alloy into series production
- AMAG developed globally unique, recycling-friendly alloy AlSi7.REC for wheels and wheel assemblies
- Market launch for two Audi electric vehicles already completed
- Product falls under the new CO2-optimised AMAG AL4®ever product family
28.07.2022
AMAG Austria Metall AG: Highest half-year earnings in the company’s history
- AMAG achieves record levels of revenue and earnings in the first half of 2022
- Positive market environment, sustained high productivity as well as continuous product mix optimisation prove to be decisive factors
- Significant revenue growth of around 50 % to...
25.07.2022
AMAG and thyssenkrupp Aerospace extend their cooperation
- AMAG signs six-month contract with thyssenkrupp Aerospace
- Cooperation has existed since the beginning of AMAG's aviation history
- thyssenkrupp Aerospace appreciates high recycled content in aluminium
18.07.2022
AMAG expands Austria's largest rooftop photovoltaic plant
- Expansion of the existing rooftop photovoltaic system to 60,000 m² (equivalent to an area of 9 football fields)
- Annual energy production of 7.3 GWh (energy requirement of around 2,000 households) for our own use
- Further step taken towards AMAG's strategy of climate neutrality and climate-neutral production
- Gradual expansion to around 120,000 square metres is planned
13.07.2022
New AMAG AL4®ever product line with guaranteed low CO2 footprint
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AMAG AL4®ever rolled and cast aluminium products stand for a guaranteed low specific footprint of less than four tons of CO2 per ton of aluminium produced. The star of the new AMAG AL4®ever star product line also guarantees a footprint of less than two tons of CO2 per ton of aluminium produced for selected applications. Compared to conventionally manufactured products of the same quality, this results in significant CO2 savings.
Both AMAG AL4®ever categories are only achievable with
22.06.2022
AMAG receives highest rating Platinum in the area of sustainability
- EcoVadis now awards AMAG the highest status of platinum, following a gold rating in December 2020.
- AMAG in the top one percent ("Top 1%") of the global companies assessed by EcoVadis in the industry.
- Special emphasis was placed on performance in the areas of the environment, labour as well as human rights were highlighted
- Award is confirmation of AMAG's holistic sustainability approach
14.06.2022
AMAG once again awarded Vienna Stock Exchange Prize
- AMAG in 3rd place in the "Mid Cap" category
- Special recognition for reporting, investor relations activities, strategy and management
- Fifth award since IPO (Initial public offering)
20.05.2022
AMAG - Long Night of Research
AMAG: Exciting journey into the world of aluminium during the Long Night of Research
- AMAG opens its new CMI research centre and Smart Factory to the public for the first time as part of the Long Night of Research.
- More than 350 visitors are proof that research can inspire
- Long Night of Research offered the opportunity to "take a closer look" at laboratories and fully automated processes in the Smart Factory and in production
- AMAG employees and their families were able to enjoy the full programme in the afternoon.
29.04.2022
AMAG Austria Metall AG: Record earnings in Q1 2022
- Excellent start to 2022 with high uncertainties for the further course of the year
- Revenues up 60 % to EUR 399.0 million (Q1/2021: EUR 251.2 million)
- EBITDA of EUR 68.0 million more than doubled (Q1/2021: EUR 30.3 million)
- Net income after taxes up around sixfold to EUR 32.5 million (Q1/2021: EUR 5.1 million)
- Positive operating performance with high productivity at...
15.03.2022
AMAG supports additive manufacturing research at Graz University of Technology with high-tech plant
- AMAG active in component production for 1.5 years following acquisition
- Today's AMAG components is a specialist in mechanical processing and has been researching additive manufacturing since 2018/19
- Donation of a state-of-the-art additive manufacturing system to TU Graz to promote research and education
- Contract for donation signed at TU Graz on the 15th of March 2022
17.02.2022
Record earnings in FY 2021 with shipment volumes returning to pre-crisis levels
- Significant growth in revenue and earnings due to stable production, highproductivity and attractive market environment in the primary aluminiumsector
- Revenue of EUR 1,259.4 million clearly above the previous year’s level dueto increased shipment volumes and high aluminium prices (2020:EUR 904.2 million)
- EBITDA achieves significant growth of +72 % to EUR 186.2 million(2020: EUR 108.2 million)
- Net income after taxes up almost sixfold to EUR 64.6 million (2020:EUR 11.1 million*)
- Dividend proposal of...
