Aurubis AG

  • WKN: 676650
  • ISIN: DE0006766504
  • Land: Deutschland

Nachricht vom 26.04.2018 | 17:25

Aurubis AG: Aurubis increases full-year forecast due to high quarterly result

Aurubis AG / Key word(s): Profit Warning/Change in Forecast
Aurubis AG: Aurubis increases full-year forecast due to high quarterly result

26-Apr-2018 / 17:25 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Aurubis increases full-year forecast due to high quarterly result

Hamburg, April 26, 2018 - According to preliminary figures, Aurubis AG achieved operating earnings before taxes (EBT)* of EUR 107 million in Q2 of fiscal year 2017/18 (previous year: EUR 100 million). Q2 of the previous year was influenced by a positive one-off extraordinary effect of EUR 26 million. Operating EBT for the first half of fiscal year 2017/18 thus amounts to EUR 186 million (previous year: EUR 118 million).

The company is therefore increasing its operating EBT forecast for the current fiscal year 2017/18:
Compared to fiscal year 2016/17, the Aurubis Group expects a moderately higher operating EBT, or an increase of between 5.1 and 15.0 %. Previously, Aurubis had expected an operating EBT at the same level as reporting year 2016/17.

The main reasons for the higher operating quarterly result compared to the prior-year period include significantly higher refining charges for copper scrap, considerably higher revenues from sulfuric acid sales, and an improved metal gain due to a slightly higher concentrate throughput with increased copper prices.

IFRS consolidated earnings before taxes (EBT) for the first half of fiscal year 2017/18 amount to EUR 233 million according to preliminary calculations (previous year: EUR 272 million). Q2 accounts for EUR 63 million of this amount (previous year: EUR 170 million).

 

*A definition of the key management indicator "operating earnings before taxes (EBT)" and the other key indicators can be found in Aurubis AG's Annual Report 2016/17 on p. 59 and p. 211. The Annual Report 2016/17 is available at https://annualreport2016-17.aurubis.com/. The previous method for deriving the operating result from the IFRS results of operations was modified for the first time in Q2 2017/18 to include the adjustment by the effects from the application of IFRS 5, which we do not consider to be part of the operating result. Therefore, the operating result includes both scheduled depreciation and the adjustment of an investment in a joint venture accounted for using the equity method recognized in income, as it has been reported in previous quarters. The Interim Report First 6 Months 2017/18 will provide additional information (publication date: May 15, 2018).

 

Contact:

Angela Seidler
Head of Investor Relations
Phone +49 40 7883-3178

a.seidler@aurubis.com


26-Apr-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



show this

Event im Fokus

Termine 2021

10. Juni 2021:Fachkonferenz Immobilien

14./15. Juli 2021: Fachkonferenzen Beteiligungsgesellschaften & Consumer/Leisure

13./14. Oktober 2021: Fachkonferenzen Finanzdienstleistungen/Technologie

10./11. November 2021: Fachkonferenzen Software/IT & Branchenmix

„Je nach aktueller Covid-19 Situation und den bestehenden Vorschriften für Versammlungen entscheidet sich ca. 5 Wochen vor dem Termin, in welcher Form die Konferenzen stattfinden.“

GBC-Fokusbox

11 Perlen im „GBC Fonds Champions 2021“

Im Rahmen der aktuellen Studie „GBC Fonds Champions 2021“ haben wir elf versteckte Fondsperlen mit dem Kriterium einer Mindestbewertung von 4 von 5 GBC-Falken ausgewählt. Auch tragen wir dem gesteigerten Investoreninteresse nach nachhaltigen Investments Rechnung und haben drei nachhaltige Fonds ausgewählt. Übrigens, die Fonds aus unserer letzten Ausgabe haben im Schnitt eine Performance von plus 31,8 % erreicht.

News im Fokus

Vonovia SE: Aktionäre beschließen auf Hauptversammlung Dividende von 1,69 Euro (News mit Zusatzmaterial)

16. April 2021, 16:41

Aktueller Webcast

Nordex SE

Conference Call 11.05.2021 (Webcast)

11. Mai 2021

Aktuelle Research-Studie

Mountain Alliance AG

Original-Research: Mountain Alliance AG (von Montega AG): Kaufen

16. April 2021