ElvalHalcor reported a robust financial performance for the first half of 2025, demonstrating its ability to generate growth and profitability despite a volatile global environment marked by trade policy uncertainties, high energy costs, and persistent supply chain challenges.
Consolidated revenue reached EUR 1,862 million, up 8% from H1’24, supported by higher metal prices and increased sales volumes. Adjusted EBITDA (a-EBITDA) rose by 18.1% year-on-year to €134.4 million, reflecting a favorable product mix, stronger demand, and effective operational execution. At the same time, consolidated gross profit grew to EUR 165.2 million compared to EUR 141.2 million in H1’24.
This strong performance allowed ElvalHalcor to deliver a substantial EUR 111.4 million reduction in net debt versus June 2024, driving a 23.3% decrease in net financial costs. Profits after tax stood at EUR 74.0 million, compared to EUR 51.0 million in the same period last year, reinforcing ElvalHalcor’s strengthened financial position.
Segment performance
- Aluminium: Revenue increased to EUR 936.3 million, supported by strong demand in the packaging and transportation sectors. Sales volumes grew 2.8%, while operational profitability (a-EBITDA) advanced to EUR 81.4 million, driven by a balanced product mix and higher conversion prices.
- Copper: Revenue rose to EUR 925.7 million, with modest sales volume growth led by energy and power networks. Despite tariff-related raw material pressures and higher costs, the segment its maintained profitability with a-EBITDA at EUR 53.0 million, demonstrating resilience in competitive markets.
Management emphasized that both segments are benefiting from recent investments that expanded production capacity and enhanced technological capabilities, strengthening their ability to serve key growth industries such as packaging, energy networks, and mobility solutions.
Outlook
While the global environment remains uncertain, with ongoing geopolitical tensions, inflationary pressures, and trade-related risks, ElvalHalcor is positioned to sustain its growth trajectory. The Group continues to leverage its diversified international sales footprint, customer-centric philosophy, and innovation-driven product portfolio. Strategic investments completed in recent years are now enabling ElvalHalcor to capture opportunities across sustainability megatrends, including the circular economy, climate neutrality, and technological transformation.
Through its financial discipline, operational excellence, and long-term strategy, ElvalHalcor remains committed to creating sustainable value for its stakeholders while reinforcing its position as a leading force in the European industrial landscape.