Acerinox (OTC) ( (ANIOY) ) has released its Q1 earnings. Here is a breakdown of the information Acerinox (OTC) presented to its investors.
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Acerinox, a prominent player in the stainless steel and high-performance alloys sector, has released its first-quarter 2025 earnings report, showcasing its resilience amidst challenging geopolitical and tariff conditions. The company is known for its innovative products and sustainable practices, particularly in the production of stainless steel and alloys.
In the first quarter of 2025, Acerinox reported an EBITDA of EUR 102 million, meeting expectations despite the uncertain market environment. The company highlighted a significant increase in melting shop production and a decrease in its Lost Time Injury Frequency Rate, reflecting operational improvements.
Key financial metrics from the report include a 5% increase in revenue compared to the same quarter last year, reaching EUR 1,551 million. However, the profit after tax and non-controlling interests saw a substantial decline of 80% year-over-year, amounting to EUR 10 million. The company’s net financial debt rose to EUR 1.2 billion, influenced by currency fluctuations and strategic acquisitions.
Looking ahead, Acerinox remains focused on executing its strategic plan and integrating Haynes International. Despite ongoing geopolitical uncertainties, the company anticipates a stronger EBITDA in the second quarter, driven by a solid order book in the United States and strategic initiatives in Europe.
Acerinox’s management continues to emphasize the importance of controlling working capital and leveraging strategic synergies to navigate the complex macroeconomic landscape. The company remains committed to its sustainability goals and shareholder remuneration policies, maintaining a stable dividend payout.