The earnings call highlighted positive growth in international operations and increased EBITDA, but these were overshadowed by significant challenges in Polish operations, declining net profits, and production challenges.
Company Guidance
During the recent conference call, KGHM Group provided guidance for the first half of 2025, noting a 0.4% increase in revenues compared to the previous year, with EBITDA up by 16% year-on-year. However, the net profit for the period saw a significant decrease of 46%, primarily due to unfavorable exchange rate differences. The production levels for electrolytic copper were lower compared to 2024, although copper and silver components exceeded planned values. The company also highlighted a marked increase in silver prices to $32 per ounce, up from $26 last year. The production of molybdenum rose by 55% year-on-year, despite falling slightly short of the forecasted budget. Furthermore, the capital group experienced a 4% year-on-year decrease in the production of payable copper. KGHM's international assets showed improvement, with Sierra Gorda achieving a 19% increase in payable copper production. The company also reported that its overall expenses by nature increased by 4% and plans to focus on optimizing investment and replacement CapEx.
EBITDA Increase
The EBITDA of the KGHM Group increased by 16% year-on-year, with international assets contributing significantly to this growth.
International Production Growth
Sierra Gorda saw a 19% increase in the production of payable copper, while molybdenum production increased by 89% compared to the previous year.
Silver Price Surge
The price of silver increased from $26 to $32 per ounce, contributing positively to the company's financial results.
Stable Production Despite Maintenance
Production results were slightly higher than the estimated budget despite maintenance work, indicating good operational management.
KGHM Polska Miedz SA (KGHPF) 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
KGHPF Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Aug 19, 2025
$33.99
$33.99
0.00%
May 14, 2025
$32.15
$32.15
0.00%
Mar 26, 2025
$36.50
$35.12
-3.78%
Nov 13, 2024
$32.50
$32.63
+0.40%
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 KGHM Polska Miedz SA (KGHPF) report earnings?
KGHM Polska Miedz SA (KGHPF) is schdueled to report earning on Nov 13, 2025, TBA (Confirmed).
What is KGHM Polska Miedz SA (KGHPF) earnings time?
KGHM Polska Miedz SA (KGHPF) earnings time is at Nov 13, 2025, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.