Strong performance by the Elvalhalcor group in the first half of 2025, despite the unfavorable geopolitical environment.
THE sales volume It continued to grow, especially in the aluminum industry, taking advantage of the new production capacity after completing our investment program. The consolidated turnover For the first half of 2025, it amounted to EUR 1,862.0 million, up 8% compared to EUR 1,723.6 million of the first semester 2024, also influenced by the highest LME prices.
Metal prices in LME made a significant increase in the first trimester of the year, and were deviated in late March due to concerns about possible trade duties. For the remaining period until June 30, 2025, prices have a mild upward trend.
The average value of the aluminum It stood at EUR 2,331 per tonne in the first half of 2025 versus EUR 2,181 per tonne in 2024, ie 6.9%increased.
The average price of copper It was EUR 8,641 per tonne compared to EUR 8,410 per tonne in 2024, increased by 2.7%.
The average price of zinc It amounted to EUR 2,516 per tonne compared to EUR 2,442 per tonne in the first half of 2024, increasing 3.1%.
The Advertised consolidated earnings before taxes, interest, depreciation, metal results and other extraordinary expenses (A-EBITDA), which better depict the Group’s organic profitability, increased by 18.1% and stood at € 134.4 million in the first half of 2025 versus EUR 113.8 million in the same period last year. This performance was the result of increasing sales volume, higher processing prices and the favorable sales mix, despite increased energy costs.
The consolidated mixed profits They amounted to EUR 165.2 million in the first half of 2025, compared to € 141.2 million in the corresponding previous period, while consolidated earnings, interest and depreciation (EBITDA) earned EUR 139 million against EUR 115.1 million in the first half of the 2024th. They remained stable, in profits of 7m euros.
The significant reduction in the Group’s net lending by EUR 111.4 million from EUR 30.06.2024, coupled with the lower interest rates, led to a reduction in net financial costs by EUR 23.3%, to EUR 18.0 million in the first half of 2025, from € 23.5 million in the first half of the first half of the sixth anniversary of 2024. The optimization of the capital capital and the limited investment program.
The consolidated profits after taxes They amounted to EUR 74 million for the first half of 2025, compared to EUR 51.0 million in the first half of 2024, while consolidated profits after minority taxes and rights amounted to EUR 70.9 million for the period (or EUR 0.1891 per share) of EUR 46.9 million for the corresponding period of EUR 20. share).
Commenting on the results, The General Manager of the Aluminum Branch, Nikolaos Karampatas, said: “In the first half of 2025 we achieved strong financial results, despite the adverse market conditions due to restrictions on the availability of raw materials and uncertainty in international trade. We maintained a balanced product mixture and managed to grow, both for rigid and flexible packaging products, while further enhancing our position in the transport industry. The performance of our industry – 46% increase in operating profitability compared to the first half of 2024, despite increased energy costs – highlights the durability of our activities. It also reflects our strong market position, which we have secured through, timely and with the prospect of investments that increased our productive capacity and developed our technical capabilities. Based on this momentum, we continue to enhance our competitiveness, creating value in collaboration with our people, our customers and other participants. “
Commenting on the results, Copper General Manager Panos Lolos said: “In the first half of 2025, our profitability remained strong, despite the particularly demanding and competitive economic environment in which we are active. This was characterized by the increased energy costs, the availability of raw materials and the growing international uncertainty. The industry remains consistently committed to its long -term strategic goals, emphasizing the development of innovative products and the provision of high quality services. In addition, a significant priority for us is to reduce costs and improve capital capital. In conjunction with the recent completion of our investment program, this strategic orientation of the industry enhances our potential to broaden our clientele and enhance the viability of our activities. “