The earnings call highlighted strong financial performance and successful project completions, particularly in the U.S. market. However, challenges remain in the secondary aluminum business and in China, with weak European steel production also noted. While the company is optimistic about the future, particularly with the Palmerton and Bernburg expansions, the current market conditions present significant challenges.
Company Guidance
During the Befesa Third Quarter 2025 Results Conference Call, the company provided several key metrics and guidance for the rest of the year. Befesa achieved an adjusted EBITDA of EUR 174 million for the first nine months of 2025, marking a 15% increase year-on-year, with an EBITDA margin improvement to 21.3% in Q3 from 16.6% the previous year. Financial leverage was reduced to 2.6x by September 2025. The company confirmed its full-year EBITDA guidance in the lower part of the EUR 240 million to EUR 265 million range and expects financial leverage to fall below 2.5x by year-end. CapEx for the year is projected between EUR 80 million to EUR 90 million, with a focus on the Bernburg project following Palmerton's completion. Additionally, net income and EPS saw significant growth, with EPS rising by 143% year-on-year to EUR 1.52. The company plans to maintain its dividend policy, distributing 40% to 50% of net income to shareholders.
Strong Financial Performance
Adjusted EBITDA for the first 9 months of 2025 reached EUR 174 million, up 15% year-on-year. EBITDA margin improved to 21.3% in Q3 2025 from 16.6% last year. EPS rose 143% year-on-year to EUR 1.52.
Successful Projects and Expansion
The Palmerton expansion project in the U.S. was successfully completed, and both kilns are now fully operational. The Bernburg expansion project is progressing with construction started in August 2025.
Strong U.S. Market Performance
In the U.S., steel production increased by 4% year-on-year in Q3, with the U.S. plants operating at an 80% load factor. The Palmerton plant is fully operational, expecting to capture growth in the U.S. EAF steel dust market.
Befesa S.A. (DE:BFSA) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DE:BFSA Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Oct 30, 2025
€29.38
€29.20
-0.61%
Jul 30, 2025
€25.94
€26.96
+3.93%
Apr 30, 2025
€24.59
€26.05
+5.94%
Feb 27, 2025
€22.44
€23.07
+2.81%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Befesa S.A. (DE:BFSA) report earnings?
Befesa S.A. (DE:BFSA) is schdueled to report earning on Feb 26, 2026, Before Open (Confirmed).
What is Befesa S.A. (DE:BFSA) earnings time?
Befesa S.A. (DE:BFSA) earnings time is at Feb 26, 2026, Before Open (Confirmed).
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