ALUREPORT ISSUE 01/2024
"Shining bright..."
The cover of the current issue of AluReport features the hot rolling mill built at AMAG in 2014.
Even after ten years, the facade still shines like the first day - and without cleaning. You can find out more about our high-quality solutions for surface-sensitive products and many other topics in the current issue of AluReport, our AMAG customer and market information.
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
ENERGY AND EMISSIONS
AMAG and its commitment to environmental and sustainability issues
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DOES GREEN ALUMINIUM EXIST? And, if so, what exactly is it?
First things first: aluminium has a silvery color and is only green once painted or anodized. This fact is important to bear in mind when scrutinizing claims of green aluminium. Ultimately, only on closer inspection does it become clear wether an assertion is just that, i.e. colored green, or wether the statement is comprehensively technically correct. AMAG has pursued the latter option for many years now.
learn moreAMAG 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