Total shipments declined 1.7 per cent to 417,600 tonnes. External shipments fell 2.0 per cent to 382,800 tonnes as lower volumes in the Metal and Casting divisions outweighed stable performance in rolling operations. The European automotive sector remained challenging, shaped by volatile demand, increasing imports and a structural transition toward battery electric vehicles.
Profitability came under pressure during the year. Gross profit decreased 4.9 per cent to EUR 215.5 million from EUR 226.6 million in 2024. EBITDA declined 23.5 per cent to EUR 137 million compared with EUR 179.2 million a year earlier. Net income after taxes fell 21.3 per cent to EUR 34 million from EUR 43.2 million.
Despite lower earnings, the financial position improved. Net financial debt reduced 16.0 per cent to EUR 321.0 million. Gearing declined to 44.8 per cent from 51.6 per cent, and the equity ratio strengthened to 43.2 per cent.
Aluminium scrap processing increased slightly to 296,700 tonnes in 2025 from 294,700 tonnes in 2024, reflecting the continued role of recycled material in operations.
