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KGHM reports strong EBITDA growth in Q4 2025 despite share decline

KGHM recorded robust growth in Q4 2025: revenue +3% year-on-year and a tripling of EBITDA over two years, supported by a 47% rise in copper prices and a 3% reduction in C1 costs (adjusted). Foreign assets contributed 48% to adjusted EBITDA, copper production was 401,000 tonnes and silver production remained stable above 1,300 tonnes. Management sees continued operational strength and forecasts EPS of $0.38 for 2026 and $0.42 for 2027, while the share price fell by around 4.36% after publication. » Plus sur de.investing.com