Eramet: strong turnover momentum in Q1 2026 driven by a solid operational performance Paris, 23 April 2026, 7:30 a.m. PRESS RELEASE Eramet: strong turnover momentum in Q1 2026 driven by a solid operational performance Strong quarterly improvement in the Group accident frequency rate, however with a fatal accident to report in JanuaryAdjusted turnover1 of €840m, up 13% versus Q1 2025: Positive volume/mix effect (+15%), notably driven by an increase in sales of manganese ore (+10%) and nickel ore (+54%, with a less favourable mix), compared to lower comparatives in Q1 2025Positive price e...
Eramet : croissance soutenue du chiffre d’affaires au 1er trimestre 2026 portée par une bonne performance opérationnelle Paris, le 23 avril 2026, 7h30 COMMUNIQUE DE PRESSE Eramet : croissance soutenue du chiffre d’affaires au 1er trimestre 2026 portée par une bonne performance opérationnelle Taux de fréquence des accidents du Groupe en forte amélioration sur le trimestre, avec toutefois un accident mortel à déplorer en janvierChiffre d’affaires ajusté1 de 840 M€, en hausse de 13 % par rapport au T1 2025 : Effet volume/mix positif (+ 15 %), porté notamment par la progression des v...
Ahead of AMG's 1Q26 results, we reiterate our BUY recommendation yet lower our target price slightly from €45 to €44 per share, to reflect the dilutive impact of the recent capital raise. While 1Q26 Adj. EBITDA will be impacted by the reversal of the antimony tailwind and lingering operational issues, strengthening spot prices for lithium and ferrovanadium will start to positively impact AMG's earnings as of 2Q26, supporting AMG's earnings momentum later in the year.
We lower our Target Price to €12 (€13.2) and maintain our Hold rating as 1Q26 sales came in at a weak -15% y/y €180.6m (KBCS €201.5m, CSS €198.6m). 1Q26 sales were impacted by a strong FX-effect. 1Q26 sales were nevertheless also -8% at constant FX as we saw delayed order conversion and cautious customer decision-making. 1Q26 order intake was € 215.4m (-7% y/y, flat at constant FX) while we were at €221.1m (CSS €222.4m), overall impacted by geopolitical uncertainty, while showing strength in Ent...
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