EQS-Information: AMAG Austria Metall AG: Highest half-year lead to firm historical past

EQS-Information: AMAG Austria Metall AG / Tag(s): Half-year end result AMAG Austria Metall AG: Highest half-year lead to firm historical past 07/28/2022 / 07:30 The transmitter is solely liable for the content material of this announcement. ══════════════════════════════════════════════════ ════════════════════════ Ranshofen, July 28, 2022 AMAG Austria Metall AG: highest half-year lead to firm historical past • AMAG achieves report gross sales and outcomes for the first half of 2022 • A constructive market surroundings, continued excessive productiveness and steady optimization of the product combine are decisive • Gross sales elevated considerably by round 50% to 904.3 million euros (H1/2021: 595.1 million euros) • EBITDA of practically 70% elevated considerably to 156.5 million euros (H1/2021: 93.6 million euros) • Revenue after tax displays a really profitable first half with progress of greater than 120% to €78.4 million (H1/2021: €35.0 million) • 2022 outlook: EBITDA between €220 million euros and 250 million euros, assuming a secure vitality provide and strong market situations After a begin of a really profitable 12 months 2022, AMAG Austria Metall AG was capable of additional improve gross sales and earnings. With an EBITDA of 156.5 million euros, the AMAG Group was capable of obtain the best half-year end result thus far within the first six months of the 12 months below evaluation. Gerald Mayer, CEO of AMAG Austria Metall AG: “Our AMAG crew managed to realize report outcomes with a excessive degree of competence and nice dedication. The primary half of the 12 months was characterised by uncertainties within the provide of supplies and vitality in addition to difficulties in worldwide logistics.Offered that the vitality provide can be secured within the second half of the 12 months, we anticipate an excellent monetary 12 months 2022, regardless of the primary important slowdown within the financial surroundings. (H1/2021: EUR 595.1 million) At 225,100 tons, the gross sales quantity reached roughly the extent of the earlier 12 months (H1/2021: 226,100 tons). taxes, depreciation and amortization (EBITDA) elevated by 67.3% to EUR 156.5 million within the present semester (H1/2021: EUR 93.6 million). considerably larger in half-year comparability (+36.9% at 3,088 USD/t) and engaging alumina prices strengthened the earnings improvement within the Steel division. On the Ranshofen website, the excessive degree of productiveness and the profitable optimization of the product portfolio are mirrored within the improvement of EBITDA. Excessive value inflation, specifically for vitality, uncooked supplies and logistics, was largely offset by value changes. Depreciation within the first half of 2022 was -43.7 million euros (H1/2021: -41.7 million euros). The working end result (EBIT) elevated considerably by 117.4% in comparison with the earlier 12 months and, at 112.8 million euros, displays a really profitable half-year (H1/2021: 51.9 million euros). At 78.4 million euros, the revenue after tax is 124.2% larger than the half-year results of the earlier 12 months (H1/2021: 35.0 million euros). Money move from working actions benefited from a report half-year end result, but in addition displays an elevated want for portfolio financing. Specifically, the rise within the degree of costs and the structure of safety shares are on the origin of a better working capital. Within the first half of 2022, money move was -84.1 million euros (H1/2021: 50.2 million euros). Money move from investing actions amounted to -29.7 million euros within the first six months of the 12 months below evaluation (H1/2021: -25.8 million euros). This resulted in a free money move of -113.9 million euros, after 24.4 million euros the earlier 12 months. Internet monetary debt amounted to 506.8 million euros at June 30, 2022, after 346.1 million euros on the finish of 2021. The fairness of the AMAG group amounted to 686.7 million euros at June 30, 2022 (December 31, 2021: €629.5 million) . The fairness ratio was 36.0% on the finish of June 2022 (31 December 2021: 39.5%). Outlook 2022: The present market surroundings is clouded specifically as a result of Ukrainian battle and has significantly low visibility. Though the Product Analysis Unit (CRU) reviews continued progress in demand for aluminum merchandise, the forecast is very depending on future financial developments in Europe and globally. Specifically, excessive value inflation and the chance associated to vitality provide from Europe are clouding the worldwide financial outlook and likewise impacting AMAG’s enterprise improvement. The continuation of the COVID-19 pandemic can also affect financial improvement. Degraded provide chains and protracted labor shortages will stay tough within the second half of 2022. Intimately, the evolution of earnings in Canada relies upon above all on the continuation of the evolution of aluminum costs and important uncooked supplies. Forex fluctuations, significantly between the USD and the CAD, can also have an effect on the outcomes of the Steel division. Topic to secure vitality provide within the second half of 2022 and powerful market situations, AMAG administration expects an annual EBITDA of between €220 million and €250 million for the group. AMAG. AMAG key figures: in EUR hundreds of thousands Q2/2022 Q2/2021 Change H1/2022 H1/2021 Change Gross sales in tonnes 120,500 127,600 -5.6% 225,100 226,100 -0.4% of which exterior gross sales in tonnes 113,600 121 900 -6.8% 211,600 214,400% Income 505.4 343.9 +47.0% 904.3 595.1 +52.0% EBITDA 88.5 63.3 +39.9% 156.5 93, 6 +67.3% EBIT 66.5 42.6 +56.1% 112.8 51.9 +117.4% Managed after tax 45.9 29.8 +53.8% 78 working actions 46.1 46.5 -0.9% -84.1 50.2 -267.7% Money move from investing actions -14.5 -9.9 -45.5% -29.7 – 25.8 -15.2% Workers^1) 2,214 2,143 +3.3% 2,207 2,127 +3.7% in EUR hundreds of thousands June 30/2022 31/12/2021 Change in fairness 686.7 629.5 + 9.1% Fairness ratio 36.0% 39.5% Gearing 73.8% 55.0% 1) Common efficiency of the workforce (full-time equal) together with momentary employees, excluding apprentices. Contains personnel from Alouette electrolysis (20%) and AMAG elements. About AMAG Group AMAG is one in every of Austria’s main suppliers of top of the range forged and rolled aluminum merchandise, that are utilized in all kinds of industries equivalent to aerospace, automotive, sporting items, lighting, mechanical engineering, building and packaging industries. The Canadian foundry Alouette, through which AMAG has a 20% stake, produces high-quality major aluminum with an exemplary ecological stability. At AMAG elements, based mostly in Übersee am Chiemsee (Germany), ready-to-assemble steel elements for the aerospace trade are additionally manufactured. Investor contact Press contact Magazine Christoph M. Gabriel, BSc Dipl.-Ing. Leopold Pöcksteiner Head of Investor Relations Head of Company Communications AMAG Austria Metall AG AMAG Austria Metall AG Lamprechtshausener Straße 61 Lamprechtshausener Straße 61 5282 Ranshofen, Austria 5282 Ranshofen, Austria Tel. : +43 (0) 7722-801-3821 Tel. : +43 (0) 7722-801-2205 E mail: Investor Relations@amag.at E mail: publicrelations@amag.at Web site: www.amag-al4u.com Notice The forecasts, plans and assessments and forward-looking statements contained on this publication have been established on the idea of all data accessible to AMAG as of July 15, 2022. If the assumptions on which forecasts don’t materialize, if targets should not achieved or dangers come up, precise outcomes could fluctuate from these presently anticipated. We undertake no obligation to replace these forward-looking statements in gentle of recent data or future occasions. This publication has been created with the best doable care and knowledge checked. Nonetheless, rounding, transmission or printing errors can’t be excluded. Specifically, AMAG and its representatives assume no legal responsibility for the completeness and accuracy of the knowledge contained on this publication. This publication can be accessible in French, the German model being authoritative in case of doubt. This publication doesn’t represent a suggestion or an invite to purchase or promote AMAG securities. eqs.com? 7722 809 498 E-mail: investor relations@amag.at Web: www.amag-al4u.com ISIN: AT00000AMAG3 WKN: A1JFYU Inventory exchanges: Open market in Berlin, Düsseldorf, Frankfurt, Munich, Stuttgart; Vienna Inventory Trade (official market) EQS Information ID: 1407085 Finish of message EQS Information-Service 1407085 28/07/2022

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