The earnings call highlighted Elkem's strong performance in the Silicones and Carbon Solutions divisions and its strategic initiatives in ESG, but also emphasized significant challenges due to global trade tensions and weak market conditions affecting the Silicon Products division. Despite a strong financial position, market uncertainty and maintenance impacts weighed on results.

Company Guidance -

Q1 2025

In the recent call, Elkem provided detailed guidance on various financial metrics and market outlooks. The company reported a first-quarter EBITDA of NOK 898 million, with an EBITDA margin of 11%. The Silicones division showed a marked improvement in cost positions, particularly in China, despite the impact of the Chinese New Year and maintenance stops. Excluding Silicones, Elkem's operating income reached NOK 4.3 billion with an EBITDA of close to NOK 700 million, representing a 16% margin. The Silicon Products division faced weak market conditions, with several sites in Norway experiencing maintenance stops and power curtailment in Iceland. Despite these challenges, Carbon Solutions maintained stable results and high margins. The company remains focused on reducing CO2 emissions and supporting green transitions, aiming for groundbreaking projects like carbon capture and storage by 2050. Amid global trade tensions, Elkem is leveraging its geographically diverse and independent value chains, with the expectation that potential tariffs might be counterbalanced by increased prices. The strategic review of the Silicones division is ongoing, with a target to conclude by year-end. The company also highlighted its robust financial position, with total equity of NOK 24.9 billion and a stable debt leverage of 2.5 times EBITDA.

Silicones Division Performance

The Silicones division reported increased operating income due to higher sales volumes. EBITDA improved significantly compared to the previous year, driven by improved cost positions in China and France.

Carbon Solutions Stability

The Carbon Solutions division delivered stable results with an EBITDA margin of 30%, showing strong performance despite challenging markets.

Automotive Sector Recovery

The automotive industry, a key sector for Elkem, is showing signs of recovery with production forecasts revised upwards in Europe and China.

ESG Initiatives

Elkem is engaged in several ESG initiatives, including reducing CO2 emissions and launching a range of recycled silicones with a 70% lower carbon footprint.

Strong Financial Position

Elkem maintains a strong balance sheet with an equity ratio of 50% and a liquidity position that supports its strategic initiatives.

Elkem ASA (ELKEF) 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

Daily Earnings Calendar >

ELKEF Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 15, 2025	2025 (Q2)	0.02 / -	0.132	―	―	―
Apr 30, 2025	2025 (Q1)	0.04 / -0.03	-0.053	38.89% (+0.02)
Feb 12, 2025	2024 (Q4)	0.03 / 0.03	-0.072	136.30% (+0.10)
Oct 24, 2024	2024 (Q3)	0.03 / 0.02	-0.071	125.03% (+0.09)
Jul 12, 2024	2024 (Q2)	0.02 / 0.13	0.006	2125.00% (+0.13)
Apr 18, 2024	2024 (Q1)	-0.03 / -0.05	0.124	-143.20% (-0.18)
Feb 08, 2024	2023 (Q4)	-0.01 / -0.07	0.121	-159.59% (-0.19)
Oct 25, 2023	2023 (Q3)	0.01 / -0.07	0.396	-117.94% (-0.47)
Jul 14, 2023	2023 (Q2)	0.08 / <0.01	0.363	-98.37% (-0.36)
Apr 28, 2023	2023 (Q1)	0.08 / 0.12	0.321	-61.50% (-0.20)

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

ELKEF Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Apr 30, 2025	$1.90	$1.75	-7.89%
Feb 12, 2025	$2.00	$1.85	-7.50%
Oct 24, 2024	$1.72	$1.80	+4.65%
Jul 12, 2024	$1.90	$2.11	+11.05%

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 Elkem ASA (ELKEF) report earnings?

Elkem ASA (ELKEF) is schdueled to report earning on Jul 15, 2025, Before Open (Confirmed).

What is Elkem ASA (ELKEF) earnings time?

Elkem ASA (ELKEF) earnings time is at Jul 15, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is ELKEF EPS forecast?

ELKEF EPS forecast for the fiscal quarter 2025 (Q2) is 0.02.

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