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.