Alumetal initially posted PLN 58.7 million in net profit and 64.8 million in EBITDA in Q3 2022

Alumetal had PLN 58.7 million of consolidated net profit in Q3 2022 (+ 103% y / y), the company said, presenting preliminary data. The EBITDA result amounted to PLN 64.8 million (+ 41% y / y).
Normalized net profit amounted to PLN 45.5 million, which means an increase by 58% y / y. Revenues amounted to PLN 763.5 million (+ 42% y / y), according to the press release.

The sales volume amounted to 58.7 thousand. tonnes (+ 6% y / y).

The company reserves that the final results, which will be published on November 15, may differ from the preliminary results.

The Alumetal capital group operates in the foundry and metallurgical industries in the production of secondary aluminum, i.e. the production of aluminum casting alloys and primary alloys from aluminum scrap. The Alumetal Group is a national leader in this field and is the fourth largest producer of secondary aluminum alloys in Europe. The company has been listed on the WSE since July 2014. Its consolidated sales revenues reached PLN 2.19 billion in 2021.
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