Record Revenue and Cash Flow
Ferroglobe posted revenue of $1.6 billion and adjusted EBITDA of $154 million, with free cash flow of $164 million.
Debt Repayment and Financial Health
The company used strong cash flow generation to repay senior secured notes, eliminating $32 million in annual interest, and became net cash positive for the first time.
Capital Return Program Initiation
Ferroglobe initiated a capital return program with quarterly dividends and share buybacks, increasing dividends by approximately 8% in the first quarter of 2025.
Positive Trade Measures Impact
Trade measures by the U.S. and Europe, including antidumping and countervailing duties, are expected to benefit Ferroglobe significantly in the coming quarters.
Promising Outlook for EV Batteries
Ferroglobe sees potential in silicon metal for EV batteries, positioning itself to capitalize on the industry shift from graphite to silicon-rich anodes.