Report
Maxime Kogge

Aurubis : On track for a positive Q3 2023, the outlook remains positive beyond this too

>Q3 should remain robust despite the impact of maintenance operations - Aurubis is set to report Q3 earnings (to 30 June) on 7 August. We forecast EBITDA of € 171m, 4% above the Visible Alpha consensus (€ 165m). This amount should nonetheless be down 24% vs Q2 (€ 212m) due mainly to maintenance shutdowns at Pirdop in Bulgaria (€ 20m cost) and Lünen in Germany (€ 9m). The quarter should also slightly suffer from the price decline for most commodities (via the metals ga...
Underlying
Aurubis AG

Norddeutsche Steingut is a Germany-based manufacturer and distributor of tiles, concentrating on wall and floor tiles for the residential and commercial sector. As of December 31, 2011, Co. was operational through its two wholly owned subsidiaries Nord Ceram Fliesenproduktions und -vertriebs GmbH & Co. KG, which mass produces standard- and large-size floor tiles under the Pro brand for its own sale and for partners of the parent company; as well as Bremer Wandplatten GmbH, which produces floor and wall tiles under the BW brand. Co.concentrates on business activities in Germany

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Maxime Kogge

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