Erika Blinkmann
Head of Investor Relations
Replay available
Aurubis Ag Unsp/Adr (OTC: AIAGY) Q3 2026 earnings conference call, held 2026-08-06. Replay captured from the company's public earnings webcast.

Head of Investor Relations
Chief Executive Officer
Chief Financial Officer
Analyst, Deutsche Bank
Analyst, Bank of America
Analyst, Morgan Stanley
Analyst, ODO
Analyst, Kepler Cheuvreux
Good afternoon, ladies and gentlemen, and welcome to the Analyst Call. The conference will be recorded. 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 Elke Brinkman, Head of Investor Relations. Good afternoon, and welcome to our Q3 twenty twenty five-twenty six conference call. We will walk you through the results for the first nine months of our fiscal year. With us on the call are our CEO, Thorval Falk and CFO, Stefan Hochmann. 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 combination star nine pound key sequence. 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 Kurval Harken. Thank you, Eike, and good morning and good afternoon from sunny 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 nine months. Operating EBT increased significantly by 31% to €374,000,000 compared to the previous year, in line with expectations. Operating EBITDA came in at €570,000,000 The improved performance in the first nine months was supported by markedly higher earnings in Q3 of fiscal year twenty five-twenty six, where operating EBT came in at €149,000,000 a 23% increase versus Q2 of the current fiscal year. Net cash flow was minus €28,000,000 considerably below last year's $357,000,000 This is mainly due to the temporary buildup of th...