EQS-News: AMAG Austria Metall AG: Successful first half of 2026 with a significant rise in earnings

EQS-News: AMAG Austria Metall AG / Key word(s): Half Year Results
   AMAG Austria Metall AG: Successful first half of 2026 with a significant
   rise in earnings

   30.07.2026 / 07:15 CET/CEST
   The issuer is solely responsible for the content of this announcement.

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   Ranshofen, 30 July 2026

    

   AMAG Austria Metall AG: Successful first half of 2026 with a significant
   rise in earnings

     • Operational strength at the Ranshofen site and favourable market
       conditions for the aluminium smelter interest in Canada enabled
       successful business performance
     • Revenue grew by +8.2% to EUR 850.7 million (H1/2025: EUR 786.2
       million), driven by higher shipment volumes and aluminium prices
     • EBITDA rose by +25.4% to EUR 101.1 million, underlining the AMAG
       Group’s strong profitability (H1/2025: EUR 80.6 million); EBITDA
       margin improved to 11.9% (H1/2025: 10.3%; +1.6 pp)
     • Net income after taxes grew by +73.7% to EUR 40.7 million (H1/2025:
       EUR 23.4 million)
     • Outlook for 2026: Full-year EBITDA range of EUR 170 to 190 million

   In a persistently challenging market environment, the AMAG Group continued
   its successful start to the 2026 financial year in the second quarter,
   with growth in shipments, revenue and earnings compared with the first
   half of 2025. A very strong operational performance at the Ranshofen site
   enabled significant volume growth in the strategically important
   automotive (+31%) and heat exchanger (+23%) markets, as well as further
   growth in aerospace (+9%) and industrial applications (+2%). The
   continuation of cost-efficiency measures and attractive market conditions
   for the Canadian aluminium smelter interest Alouette also had a positive
   impact on performance in the first half of 2026.

   Victor Breguncci, MBA, Chief Executive Officer of the AMAG Group: “The
   AMAG Group impressively demonstrated its operational strength and high
   resilience in the first half of 2026. Despite ongoing geopolitical
   uncertainties, US tariffs on aluminium and cost inflation that is high by
   international standards, we were able to achieve significant growth in our
   earnings power of +25% year-on-year and further improve profitability.
   Productivity gains, optimisations in the product mix and record sales in
   the Rolling Division in the second quarter of 2026 contributed
   significantly to the successful business performance. This demonstrates
   once again the strength of the AMAG team.”

   The AMAG Group’s revenues rose to EUR 850.7 million in the first half of
   2026, representing an increase of +8.2% on the previous year’s figure
   (H1/2025: EUR 786.2 million). This positive revenue trend is attributable
   in particular to increased shipment volumes in the Rolling Division and
   the significantly higher aluminium price levels. Exchange rate effects
   resulting from the stronger euro against the US dollar had a particularly
   adverse impact.

   The AMAG Group’s total shipments of 221,400 tonnes were slightly above the
   previous year’s level (H1/2025: 220,400 tonnes). Logistics-related shifts
   in shipments in the Metal Division offset a significant portion of the
   substantial volume increases in the Rolling Division, particularly in the
   automotive, heat exchanger and industrial applications sectors.

   The AMAG Group’s earnings before interest, taxes, depreciation and
   amortisation (EBITDA) saw significant growth of +25.4% to EUR 101.1
   million in the first half of 2026 (H1/2025: EUR 80.6 million). Key factors
   behind this success were the strong operational performance, significant
   productivity gains and consistent cost-efficiency measures in the Casting
   Division and Rolling Division, as well as high production stability and
   attractive market conditions for the Alouette aluminium smelter interest
   in the Metal Division. The EBITDA margin improved to 11.9%, reflecting the
   positive performance across all operating divisions of the AMAG Group
   (H1/2025: 10.3%).

   The AMAG Group’s net income after taxes rose by +73.7% to EUR 40.7 million
   in the first half of 2026, reflecting in particular the significantly
   improved operating profit performance (H1/2025: EUR 23.4 million).

   Cash flow from operating activities amounted to EUR -56.7 million
   (H1/2025: EUR 76.2 million). This development is primarily attributable to
   higher capital tied up as a result of increased aluminium prices, as well
   as higher metal inventories (partly due to logistics-related delays in
   sales in the Metal Division). Cash flow from investing activities amounted
   to EUR -19.3 million (H1/2025: EUR -27.2 million). This resulted in a free
   cash flow of EUR -76.0 million (H1/2025: EUR 49.1 million).

   Net financial debt increased to EUR 421.7 million as at 30 June 2026 (31
   December 2025: EUR 321.0 million), reflecting in particular the increased
   capital tied up.

   Cash and cash equivalents amounted to EUR 186.1 million as at 30 June
   2026 (31 December 2025: EUR 276.5 million). Equity stood at EUR 740.4
   million as at the half-year reporting date (31 December 2025: EUR 717.1
   million). The equity ratio stood at 41.0% (31 December 2025: 43.2%). The
   AMAG Group therefore continues to demonstrate a robust balance sheet
   structure, despite the higher capital tied up, especially due to aluminium
   prices.

    

   Outlook for 2026:

   Based on the current order book and market situation, as well as the
   assumptions made regarding relevant price trends and geopolitical
   conditions, the AMAG Management Board is confident about business
   performance in the second half of 2026. The individual operating divisions
   are currently assessed as follows:

   In the Metal Division, earnings are expected to continue to perform well,
   driven by high production volumes at Alouette and attractive aluminium and
   raw material prices. The Casting Division continues to face a challenging
   market environment, but has performed well so far. Key drivers include
   productivity gains, operational flexibility and high cost efficiency. In
   the Rolling Division, significant increases in volume and productivity, as
   well as anticipated record sales in the automotive sector, are seen as key
   drivers of earnings. The consistent implementation of cost-efficiency
   measures will continue to have a positive impact.

   At the same time, numerous uncertainties remain, particularly in
   connection with geopolitical developments, possible changes to US import
   duties and retaliatory tariffs, energy prices, and short-term fluctuations
   in relevant market prices for aluminium, premiums, raw materials and
   currencies. Furthermore, valuation issues, particularly in connection with
   risk provisions and derivative valuations, may lead to significant
   fluctuations in earnings.

   Taking these conditions into account, the AMAG Management Board
   anticipates EBITDA for the 2026 financial year to be in the range of EUR
   170 million to EUR 190 million.
    

   AMAG key figures: 

                          Q2/2026 Q2/2025 Change in H1/2026 H1/2025 Change in
                                                  %                         %
   Shipments in tonnes    111,700 109,600      +1.9 221,400 220,400      +0.5
   of which external       97,700 100,100      -2.4 198,800 201,100      -1.1
   shipments in tonnes
   Revenues in EUR          446.9   384.8     +16.1   850.7   786.2      +8.2
   million
   EBITDA in EUR million     44.0    34.6     +27.3   101.1    80.6     +25.4
   EBIT in EUR million       24.8    15.0     +65.8    62.8    38.8     +61.9
   Net income after taxes    14.2     7.2     +95.9    40.7    23.4     +73.7
   in EUR million
   Cash flow from
   operating activities     -48.4    25.9    -286.5   -56.7    76.2    -174.4
   in EUR million
   Cash flow from
   investing activities      -8.0   -10.4     +22.8   -19.3   -27.2     +28.9
   in EUR million
   Employees in FTE^1)      2,125   2,198      -3.3   2,121   2,215      -4.3

     

                                   30 June 2026 31 December 2025 Change in %
   Equity in million EUR                  740.4            717.1        +3.3
   Equity ratio in %                       41.0             43.2            
   Gearing ratio (debt ratio) in %         56.9             44.8            

   [1) Average number of employees (full time equivalent), including contract
   workers, excluding apprentices and summer interns. Includes the 20%
   personnel share of the aluminum smelter interest Alouette as well as the
   staff of AMAG components.]

    

   About the AMAG Group

   AMAG Austria Metall AG is a leading Austrian premium supplier of
   high-quality cast and rolled aluminium products, which are used in a wide
   range of industries such as the aerospace, automotive, sporting goods,
   lighting, mechanical engineering, construction and packaging sectors. At
   the Canadian Alouette smelter, in which AMAG holds a 20% interest,
   high-quality primary aluminium is produced with an exemplary environmental
   footprint. The AMAG components division, headquartered in Übersee am
   Chiemsee (Germany), also manufactures ready-to-install metal parts for the
   aerospace industry.

    

   Investor and press contact:                  
   Mag. Christoph M. Gabriel, BSc              Mag. Brigitte Feichtenschlager
   Head of Investor Relations and Group        Public Relations
   Spokesperson
   AMAG Austria Metall AG                      AMAG Austria Metall AG
   Lamprechtshausener Straße 61                Lamprechtshausener Straße 61
   5282 Ranshofen, Austria                     5282 Ranshofen, Austria
   Tel.: +43 (0) 7722-801-3821                 Tel.: +43 (0) 7722-801-2799
   Email: [email protected]            Email: [email protected]

   Website: www.amag.at

    

   NOTE

   The forecasts, plans and forward-looking assessments and statements
   contained in this publication have been made on the basis of all
   information available to AMAG up to 14 July 2026. The economic and trade
   policy environment has changed several times in recent months. Internal
   calculations and performance analyses are based on various assumptions.
   These include, amongst other things, the continued validity of the US
   import tariffs on aluminium products. Should the assumptions underlying
   the forecasts prove incorrect, targets not be met or risks materialise,
   actual earnings may differ from those currently anticipated. We accept no
   obligation to update such forecasts in the light of new information or
   future events.

   This publication has been prepared with the utmost care and the data has
   been checked. However, rounding, transmission or printing errors cannot be
   ruled out. In general, rounding may result in discrepancies in the
   figures, totals and percentages presented. AMAG and its representatives
   accept no guarantees, in particular, for the completeness and accuracy of
   the information contained in this publication. This publication is also
   available in German; in cases of doubt, the German-language version shall
   prevail.

   This publication does not constitute a recommendation or an invitation to
   buy or sell AMAG securities.

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   30.07.2026 CET/CEST This Corporate News was distributed by [1]EQS Group

   View original content: [2]EQS News

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   Language:    English
   Company:     AMAG Austria Metall AG
                Lamprechtshausener Straße 61
                5282 Ranshofen
                Austria
   Phone:       +43 7722 801 0
   E-mail:      [email protected]
   Internet:    www.amag.at
   ISIN:        AT00000AMAG3
   WKN:         A1JFYU
   Listed:      Regulated Unofficial Market in Dusseldorf, Frankfurt, Munich,
                Stuttgart, Tradegate BSX; Vienna Stock Exchange (Official
                Market)
   LEI Code:    5299005VO3GJ18GL5F14
   EQS News ID: 2372818


    
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   2372818  30.07.2026 CET/CEST

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