Aurubis Ag Unsp/Adr (AIAGY) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, ladies and gentlemen, and welcome to the analyst call. At this time, all participants have been placed on a listen only mode. The floor will be open for questions following the presentation. Let me now turn the floor over to Edgar Brinkman, Head of Investor Relations. Good afternoon, and welcome to our Q2 twenty twenty five-twenty six conference call. We will walk you through the results six for months of our fiscal year. With me on the call are our CEO, Toyal Park and CFO, Stefan Hoffmann. After the presentation, we will be happy to take your questions. If you would like to ask a question during the Q and A session, please use the nine star key section. Before we start, let me draw your attention to our disclaimer. We will make forward looking statements today. These are based on current plans and expectations and are subject to risks and uncertainties. Actual results may differ materially. That being said, let me now turn the floor over to Toubert Hart. Thank you, Elke, and good afternoon from beautiful Hamburg. Before we dive into the details later in the presentation, let me provide you with a high level overview of the performance in the first six months. Compared to the previous quarter, Aurubis achieved a significant increase in earnings in quarter two of fiscal year twenty five-twenty six. Operating EBT came in at €121,000,000 a 15% increase versus Q1. In the first half of twenty five-twenty six, we delivered robust results, broadly on par with last year and in line with market expectations. Operating EBT came in at €226,000,000 and operating EBITDA increased by 3% to €351,000,000 Net cash flow was €161,000,000 and below last year's €190,000,000 This is mainly due to higher net working capital in connection with increased metal prices. Free ca...