Press Release

Aurubis AG generates preliminary operating earnings before taxes (EBT) of € 349 million at upper end of most recent forecast and will release final fiscal year results on December 20, 2023

According to preliminary results, the multimetal company generated operating earnings before taxes (EBT) of € 349 million in fiscal year 2022/23 (previous year: € 532 million). This puts EBT at the upper end of the most recent forecast set at € 310 to 350 million for the past fiscal year. Operating ROCE (return on capital employed) was 11.3 % (previous year: 19.0 %) in the reporting period. Compared to the previous year, the operating result was significantly influenced by the financial impact of the criminal activities directed against Aurubis, which were recognized in profit or loss in the past fiscal year.

Additional details and the final 2022/23 fiscal year results will be disclosed on December 20, 2023. The company’s financial calendar had originally set December 6, 2023 as the release date. The postponement is due to the additional time needed to address the investigation of the criminal activities directed against Aurubis and the impact on preparing and auditing the financial statements.

On December 20, 2023 at 7:00 a.m. (CET), the Annual Report 2022/23 will be released on the company website. At 10:00 a.m. (CET), the Aurubis Executive Board will present the results and outlook at a press conference held in German with a virtual attendance option. At 2:00 p.m. (CET) on the same day, the company will hold a webcast in English open to analysts, investors and journalists. The access link for listen-only mode (no prior registration required) will be available in the Investor Relations section of the Aurubis website.