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Strong Q1 2025 for AMAG: Recorded 20% growth in revenue owing to higher shipment volumes & increased aluminium prices

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Update time : 2025-05-07 20:33:40
AMAG Austria Metall AG, the biggest company in the Austrian aluminium sector, has announced the results for Q1 2025. The company witnessed growth in both revenue and earnings, with a 10 per cent rise in shipments under the rolling division, while the Metal Division benefited from higher aluminium prices and increased premiums. As anticipated, the challenging conditions in the European automotive sector had a noticeable impact on the Casting Division.

AMAG Group's revenues rose by nearly 20 per cent to EUR 401.4 million in Q1 2025, up from EUR 335.8 million in Q1 2024, driven by higher shipment volumes and increased aluminium prices. Total shipments grew by approximately 6 per cent to 110,800 tonnes, compared to 104,200 tonnes in the same period last year.

Earnings before interest, taxes, depreciation, and amortisation (EBITDA) climbed by about 9 per cent to EUR 46.1 million, up from EUR 42.4 million in the first quarter of 2024. Throughout 2024 the company's revenue, shipments and EBIDTA were:

  • Group revenue – EUR 1,448.8 million
  • Total shipments - 425,000 tonnes
  • EBIDTA – EUR 179.2 million
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