DGAP-Adhoc: Aurubis AG: Aurubis AG generated operating consolidated earnings before taxes of EUR


Aurubis AG  / Key word(s): Profit Warning

29.04.2015 11:38

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Aurubis AG generated operating consolidated earnings before taxes of EUR
180 million (previous year: EUR 27 million) in the first half of the
current fiscal year 2014/15 according to preliminary figures.

Aurubis AG generated operating consolidated earnings before taxes of EUR
180 million (previous year: EUR 27 million after adjustments pursuant to
IAS 8) in the first half of the current fiscal year 2014/15 according to
preliminary figures. The main contributing factors were a good business
trend and positive extraordinary effects of about EUR 50 million.

A very good market environment, especially on the concentrate and sulfuric
acid markets, and a very good metal yield supported the results. The
positive extraordinary effects of about EUR 50 million primarily arose from
low precious metal inventories as at the closing date. These extraordinary
effects are expected to neutralize to some extent again in the course of
the year. Overall, we expect a considerably higher operating consolidated
EBT compared to the previous year.

IFRS consolidated earnings before taxes amount to EUR 175 million (previous
year: EUR -120 million after adjustments pursuant to IAS 8), mainly due to
the positive business trend and increasing metal prices in euros. Lower
metal prices had led to negative effects on earnings in the previous year.

 


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Language:     English
Company:      Aurubis AG
              Hovestrasse 50
              20539 Hamburg
              Germany
Phone:        +49 (0)40 / 78 83 - 31 78
Fax:          +49 (0)40 / 78 83 - 31 30
E-mail:       a.seidler@aurubis.com
Internet:     www.aurubis.com
ISIN:         DE0006766504
WKN:          676650
Indices:      MDAX
Listed:       Regulated Market in Frankfurt (Prime Standard), Hamburg;
              Regulated Unofficial Market in Berlin, Dusseldorf, Munich,
              Stuttgart
 
End of Announcement                             DGAP News-Service
 
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