Aurubis AG
Aurubis AG generated preliminary consolidated operating earnings before taxes (EBT) of EUR 77 million (previous year: EUR 142 million) in Q2 2015/16 and is therefore above the Q2 market expectations of EUR 63 million
Aurubis AG / Key word(s): Quarter Results/Preliminary Results 25.04.2016 16:26 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Aurubis AG generated preliminary consolidated operating earnings before taxes (EBT) of EUR 77 million (previous year: EUR 142 million) in Q2 2015/16 and is therefore above the Q2 market expectations of EUR 63 million Aurubis AG generated a preliminary operating EBT of EUR 77 million (previous year: EUR 142 million - which included extraordinary effects of + EUR 50 million) in Q2 2015/16 and is therefore above the current market expectations of EUR 63 million for Q2 2015/16. The preliminary consolidated operating EBT for the first half-year thus amounts to EUR 113 million (previous year: EUR 181 million - which included extraordinary effects of + EUR 50 million). The preliminary IFRS consolidated EBT for the first half-year is EUR 40 million (previous year: EUR 176 million). The reasons for the strong second quarter of 2015/16 are: High treatment and refining charges with good concentrate throughputs at the same time, a high metal yield, robust sales of wire rod and shapes and the ongoing strength of the US dollar. Our large-scale shutdown in Pirdop (Bulgaria), which we previously announced, started on April 14, 2016. This will significantly impact our results in Q3 2015/16. We confirm our forecast for the entire fiscal year 2015/16. The final figures for the first half of fiscal year 2015/16 will be published on May 10, 2016. 25.04.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Aurubis AG Hovestrasse 50 20539 Hamburg Germany Phone: +49 (0)40 / 78 83 - 31 78 Fax: +49 (0)40 / 78 83 - 31 30 E-mail: a.seidler@aurubis.com Internet: www.aurubis.com ISIN: DE0006766504 WKN: 676650 Indices: MDAX Listed: Regulated Market in Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart; Terminbörse EUREX End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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