Slide 1: Quarterly Report First 9 Months 2015/16
Quarterly Report First 9 Months 2015/16 Analyst Conference Call on August 10, 2016 11
Slide 2: Large-scale shutdown in Pirdop from April to June 2016 has been successfully concluded
Large-scale shutdown in Pirdop from April to June 2016 has been successfully concluded » The overhaul involved primary copper and sulfuric acid production facilities in Bulgaria » The last shutdown of this kind in Pirdop took place in 2007 » Shutdown time of 54 days (schedule: 50 days), but quicker
Slide 3: 9-month results met market expectations – previous year included positive extraordinary effects
9-month results met market expectations – previous year included positive extraordinary effects 9M 9M FY 2015/16 FY 2014/15 Operating EBT (€ million) 148 262 Net cash flow (€ million) 45 348 Operating ROCE (%) 11.2 18.7 (rolling EBIT for the last 4 quarters) Certain prior-year figures have been adju
Slide 4: 9-month results below previous year due to scheduled large-scale shutdown in Bulgaria
9-month results below previous year due to scheduled large-scale shutdown in Bulgaria EBT in the first 9 months of 2015/16 (in € million) 9M FY 15/16 9M FY 14/15 Main factors influencing the results » Large-scale shutdown in Bulgaria 262 » Improved treatment and refining charges for copper concentra
Slide 5: Aurubis Group KPIs
Aurubis Group KPIs (operating IFRS) 9M 9M Change 2015/16 2014/15 Absolute Relative Revenues €m 7,076 8,467 (1,391) -16 % Gross profit €m 766 885 (119) -13 % EBITDA €m 254 379 (125) -33 % EBIT €m 161 282 (121) -43 % EBT €m 148 262 (114) -44 % Consolidated net income €m 109 196 (87) -44 % Net cash flo
Slide 6: Reconciliation of statement of financial position/income statement from IFRS (average cost method) to IFRS (operating)
Reconciliation of statement of financial position/ income statement from IFRS (average cost method) to IFRS (operating) IFRS using IFRS based on In € million average operating Adjustments Statement of financial position 6/30/2016 Total assets and liabilities 4,011 3,780 (231) Assets Fixed assets 1,4
Slide 7: Very strong financial ratios in the Aurubis Group
Very strong financial ratios in the Aurubis Group (operating IFRS) 6/30/2016 6/30/2015 operating operating Target Profitability ROCE* 11.2 18.7 15 % Capital structure - Equity ratio (equity / total assets and liabilities) 46.7 43.7 > 40 % - Fixed asset cover (equity / fixed assets) 126.6 121.9 > 120
Slide 8: BU Primary Copper: Successful shutdown in Pirdop, TC/RCs at a high level
BU Primary Copper: Successful shutdown in Pirdop, TC/RCs at a high level Operating results in BU Primary Copper (first 9 months of FY 2015/16) BU Primary 9M 9M Copper 15/16 14/15 EBIT (in €m) 105 214 » Previous year included positive extraordinary effects of € 27 EBT (in €m) 96 202 million in operat
Slide 9: BU Copper Products: BL Rod & Shapes continues to carry the results
BU Copper Products: BL Rod & Shapes continues to carry the results Operating results in BU Copper Products (first 9 months 2015/16) BU Copper 9M 9M Products 15/16 14/15 EBIT (in €m) 77 97 EBT (in €m) 73 91 » Previous year included positive extraordinary effects of € 5 million in operating EBT ROCE (
Slide 10: Copper price: Volatile between US$ 4,500 and US$ 5,000
Copper price: Volatile between US$ 4,500 and US$ 5,000 Copper price and metal exchange inventories Metal exchange inventories in 1,000 t LME copper price (settlement) in US$/t 2000 10000 Copper price 1750 8/9/2016: 9000 4,779.0 1500 8000 1250 7000 1000 6000 750 5000 500 4000 250 3000 0 2000 10/10 04
Slide 11: Aurubis confirms earnings forecast for 2015/16
Aurubis confirms earnings forecast for 2015/16 » July 2016 Reuters poll indicates copper price expectation below US$ 4,800/t in second half of calendar year We continue to expect: » Treatment and refining charges for copper concentrates at a good level » No price recovery in the case of sulfuric aci
Slide 12: Quarterly Report First 9 Months 2015/16
Quarterly Report First 9 Months 2015/16 Analyst Conference Call on August 10, 2016 12 12
Slide 13: IR contacts
IR contacts: Angela Seidler Dieter Birkholz Elke Brinkmann Head of Investor Relations Senior Manager Senior Manager +49 40 7883-3178 +49 40 7883-3969 +49 40 7883-2379 a.seidler@aurubis.com d.birkholz@aurubis.com e.brinkmann@aurubis.com Financial calendar » Annual Report 2015/16 December 14, 2016 » Q
Slide 14: Legal disclaimer
Legal disclaimer Forward-looking statements This document contains forward-looking statements that involve risks and uncertainties, including statements about Aurubis’ plans, objectives, expectations and intentions. Readers are cautioned that forward-looking statements include known and unknown risk