AMAG Austria Metall Faces Tough Quarter Amid Challenging Market Conditions

• Quarterly performance influenced by lower aluminium price and lower shipment volumes due to subdued incoming orders in Q4/2023
• Revenue of EUR 335.8 million below previous year's level (Q1/2023: EUR 404.8 million)
• EBITDA of EUR 42.4 million above Q4/2023, but lower than previous year's quarter (Q1/2023: EUR 60.8 million)
• Net income after taxes at EUR 13.3 million (Q1/2023: EUR 26.8 million)
• Cash flow from operating activities of EUR 35.6 million at previous year's level (Q1/2023: EUR 35.6 million)
• Outlook for 2024: Full-year EBITDA expected to be between EUR 150 million and EUR 180 million, assuming no significant global deterioration in economic situation.

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 26,35EUR and was up +0,19 % compared with the previous day.
35 minutes after the article was published, the price was 26,40EUR this corresponds to a plus of +0,19 % since publication.

AMAG Austria Metall

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+2,31 %

-2,03 %

-6,84 %

-24,03 %

-17,55 %

-6,87 %

+8,00 %

+47,58 %

ISIN:AT00000AMAG3WKN:A1JFYU

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