Acerinox

Acerinox reported a net profit of €77 million for H1 2026 after a loss in the previous year, marking a clear turnaround. EBITDA rose 27%, steel production increased 2% to 1.03 million tonnes and revenue was about €2.97 billion. Strong contributions from the US business, including synergies from the Haynes integration of over $16 million, and the outlook for slightly higher EBITDA in Q3 supported the rise to a 52-week high. » More on de.investing.com

Acerinox reported an adjusted EBITDA of €119m for Q1 2026 (+18% versus the previous quarter) on net sales of €1,384m and melt production of 493,000 tonnes (+22%). The EBITDA margin improved to 7%, supported by lower inventory write-downs (€25m vs. €60m) and trade protection measures such as US tariffs (Section 232) and EU measures. The stainless-steel segment drove the recovery, while high-performance alloys were pressured by weaker oil & gas demand. Net financial debt rose to €1,295m after investments and dividend payouts; management expects Q2 EBITDA to be above Q1 levels. » More on de.investing.com

Acerinox reported 2025 net sales of €5.781 billion and adjusted EBITDA of €422 million, with strong operating cash flow of €455 million; net financial debt rose to €1.189 billion. Management highlighted inventory optimization, cost programs (Beyond Excellence) and synergies from the Haynes International acquisition and raised the efficiency target. New US and EU tariffs and regulatory measures are expected to strengthen the competitive position and support the demand recovery in 2026. For Q1 2026 Acerinox plans adjusted EBITDA slightly above Q4 2025 (€101 million) and describes 2026 as a year of gradual recovery. » More on de.investing.com

Acerinox reported Q3 2025 EBITDA of €108m on revenue of €1.42bn and a decline in smelting output to 451,000 tonnes. Operating cash flow improved markedly to €152m, while net financial debt rose to €1.24bn (almost three times compared with Q3 2024). The company is pursuing geographic diversification, capacity expansions and the integration of Haynes to strengthen its high-performance alloys business, but expects lower EBITDA in Q4 and is focusing on reducing capital employed and generating cash. » More on de.investing.com

Acerinox reports EBITDA of €112m in the second quarter of 2025, up 10% vs. the previous quarter but 10.4% below last year. Net sales rose to €1,507m, but results were hit by currency differences, inventory adjustments and a non-cash tax impairment, leading to a quarterly net loss after tax of €28m. Net financial debt grew to €1,222m, while investments in capacity expansions and cost-reduction programmes are being advanced; management expects Q3 EBITDA to be at Q2 levels. Sustainability initiatives such as the EcoACX® product and progress on emissions and safety targets are also highlighted. » More on de.investing.com