AMAG Austria Metall AG: Exceptional 2023 Performance Thanks to Unique Business Model

• AMAG Austria Metall AG reported a successful financial year in 2023, with a revenue of EUR 1,459.2 million and EBITDA at EUR 188.4 million, the second-highest in the company's history.
• The company had a solid net income after taxes of EUR 66.4 million and a significant increase in cash flow from operating activities of 110% up to EUR 180.9 million.
• A proposed dividend of EUR 1.50 per share has been announced.
• Despite a subdued economic environment, the company's diverse set-up allowed for good earnings in all operating segments.
• The company's equity increased to EUR 746.3 million, with an equity ratio of 46.1% and a decrease in net financial debt from EUR 393.3 million to EUR 364.3 million.
• The company's outlook for 2024 is uncertain due to the challenging market and economic development, but it plans to continue focusing on stability, flexibility, and diversity in its business model.

The next important date, Quarterly report, at AMAG Austria Metall is on 24.04.2024.

The price of AMAG Austria Metall at the time of the news was 28,10EUR and did not change compared to the previous day.
40 minutes after the article was published, the price was 28,20EUR this corresponds to a plus of +0,36 % since publication.

AMAG Austria Metall

0,00 %

-1,14 %

-4,60 %

-8,63 %

-23,90 %

-21,36 %

-10,50 %

+6,13 %

+44,25 %

ISIN:AT00000AMAG3WKN:A1JFYU

• Intraday
• 5 Tage
• 1 Monat
• 3M
• 1 Jahr
• 3J
• 5J
• 10J
• Max