Previous Close | 45.00 |
Open | 48.15 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's Range | 48.15 - 48.15 |
52 Week Range | 37.00 - 63.50 |
Volume | |
Avg. Volume | 104 |
Market Cap | 4.27B |
Beta (5Y Monthly) | 1.38 |
PE Ratio (TTM) | 4.96 |
EPS (TTM) | 9.71 |
Earnings Date | N/A |
Forward Dividend & Yield | 0.91 (1.48%) |
Ex-Dividend Date | Feb 17, 2022 |
1y Target Est | N/A |
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HAMBURG (Reuters) -Aurubis AG, Europe's largest copper producer, on Monday confirmed an 85% rise in quarterly profits and reiterated increased full-year earnings estimates as high metal prices and strong output boosted results. Aurubis reaffirmed operating earnings before taxes (operating EBT) in the first quarter of its 2021/22 financial year ending Dec. 31 of 152 million euros ($173.75 million), from 82 million euros in the year-ago quarter. Aurubis confirmed its new forecast of full year 2021/22 operating EBT of between 400 million and 500 million euros, up from between 320 million and 380 million euros previously forecast.
Aurubis AG, Europe's largest copper producer, remains confident it will achieve its forecast of higher operating profits this year despite the impact of the pandemic, the semiconductor crisis and higher energy prices, its CEO said. “Aurubis is in a good state and our performance is robust,” CEO Roland Harings said. “We are experiencing very good demand for our copper products, metal prices are at high levels which illustrates strength in the economy and we are achieving high production.”