The earnings call highlighted Elkem's strong operational performance, strategic energy contracts, and positive regulatory outcomes, but was overshadowed by weak market conditions, particularly in the Silicon Products division, and a negative EPS. The company is facing significant challenges, especially due to overcapacity and price pressures in key markets.

Company Guidance -

Q3 2025

In the second quarter of 2025, Elkem reported an EBITDA of NOK 803 million, with a 10% margin group-wide. Excluding silicones, the EBITDA was NOK 547 million, resulting in a 13% margin. The Silicon Products division faced challenges, primarily due to price pressures from Chinese imports to the EU, while Carbon Solutions performed strongly despite a lower EBITDA compared to previous quarters. Elkem anticipates receiving approximately NOK 1.3 million in additional EU emission allowances, with no immediate accounting impact. The company secured a new contract for 300 gigawatt hours of renewable power annually from 2028 to 2037, complementing previously secured contracts for 610 gigawatt hours per year. Elkem continues to focus on reducing CO2 emissions and promoting green technology, supported by NOK 33 million from Innovation Norway for developing cement alternatives. The strategic review to streamline Elkem's business portfolio is ongoing, with further updates expected in the third quarter.

Resilient Operational Performance

Elkem maintained high utilization rates due to strong operational performance and cost positions, with EBITDA for the second quarter at NOK 803 million, yielding a margin of 10%.

Positive Regulatory Outcome

The Norwegian Ministry of Climate and Environment ruled in favor of Elkem's complaint about the allocation of free emission quotas, potentially resulting in NOK 1.3 million additional allowances for 2021-2025.

ESG Recognition

Elkem received top ratings from EcoVadis and CDP, and was awarded NOK 33 million from Innovation Norway to pilot green products.

Strategic Energy Contracts

Elkem secured a new contract with NTE for 300 gigawatt hours per year, ensuring stable energy supply from 2028 to 2037.

Silicones Division Improvement

The Silicones division showed improved EBITDA due to higher sales volumes, with a 22% increase in sales volume compared to the previous year.

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
Oct 23, 2025	2025 (Q3)	>-0.01 / -	0.018	―	―	―
Jul 15, 2025	2025 (Q2)	-0.01 / >-0.01	0.131	-101.50% (-0.13)
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)	0.02 / 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	0.123	-143.20% (-0.18)
Feb 08, 2024	2023 (Q4)	-0.01 / -0.07	0.12	-159.59% (-0.19)
Oct 25, 2023	2023 (Q3)	0.01 / -0.07	0.394	-117.94% (-0.46)
Jul 14, 2023	2023 (Q2)	0.08 / <0.01	0.361	-98.37% (-0.36)

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
Jul 15, 2025	$2.30	$2.22	-3.48%
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%

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 Oct 23, 2025, Before Open (Confirmed).

What is Elkem ASA (ELKEF) earnings time?

Elkem ASA (ELKEF) earnings time is at Oct 23, 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 (Q3) is >-0.01.

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