-0,83%Aperam publishes its Q4 and FY 2025 results
Aperam publishes its Q4 and FY 2025 results
Full year and fourth quarter 2025 results:
“Aperam’s differentiated value chain delivers even in a weak macro environment”
Luxembourg, February 6, 2026 (07:00 CET) – Aperam (referred to as “Aperam” or the “Company”) (Amsterdam, Luxembourg, Paris, Brussels: APAM, NYRS: APEMY), announced today the results for the three months and full year ended December 31, 2025.
Highlights
- Health and Safety: LTI frequency rate of 1.7x in 2025 compared to 1.8x in 2024
- Shipments of 2,287 thousand tonnes in 2025 remained stable compared to shipments of 2,290 thousand tonnes in 2024
- Adjusted EBITDA of EUR 339 million in 2025, compared to Adjusted EBITDA of EUR 356 million in 2024
- Adjusted EBITDA of EUR 67 million in Q4 2025, compared to EUR 74 million in Q3 2025 and EUR 116 million in Q4 2024
- Net income of EUR 9 million in 2025, compared to EUR 231 million in 2024
- Basic earnings per share of EUR 0.13 in 2025, compared to EUR 3.20 in 2024
- Free cash flow before dividend amounted to EUR 248 million in 2025 compared to EUR 125 million in 2024. After EUR (415) million1a paid for the acquisition of Universal, free cash flow before dividend in 2025 amounted to EUR (167) million
- Net financial debt of EUR 978 million as of December 31, 2025, compared to EUR 544 million as of December 31, 2024
Strategic initiatives
Leadership Journey®2 Phase 5: Gains reached EUR 30 million in Q4 2025 and a cumulative EUR 195 million versus target gains of EUR 200 million, 1 year ahead of target.
Leadership Journey® Phase 6: Officially launched for 2026 to 2028 with target gains of EUR 150 million
Prospects
- Q1 2026 EBITDA is expected at a higher level versus Q4 2025
- We guide for increasing Q1 2026 net financial debt due to the seasonally higher need for working capital
Sud Sivaji, CEO of Aperam, commented: “I am delighted that despite a challenging macro environment across all segments, we delivered a solid trough EBITDA thanks to structural improvement from the Leadership Journey® Phase 5. We also delivered benchmark cash performance, with an operating cash flow of EUR 422 million, and made a big step towards de-leveraging. Having achieved our target one year ahead of schedule on the Leadership Journey® Phase 5, we are officially launching the next chapter – Phase 6, with a focus on leveraging our value chain and innovation. More importantly, the successful completion of the Leadership Journey® Phase 5 gives us a headstart on competitiveness and productivity as we gear up to deliver on the positive momentum from trade defense into the second half of 2026.”
Read our Press Release:
L'alternativa plug-and-play al 316L
Comprendere il CBAM
Nel video affrontano le principali questioni sul CBAM e chiariscono i fraintendimenti più comuni.
La Nostra Visione
Scoprite i nostri concept di alloggiamenti per batterie EV in acciaio inossidabile
Seleziona il tuo prodotto
I nostri prodotti
Acciaio inossidabile
Acciaio inossidabile
Leghe
Acciaio elettrico
Acciaio al carbonio
Un Leader Globale.
Un Campione
Ambientale
Non solo Aperam è un attore globale nei mercati dell’acciaio inossidabile, elettrico e speciale, ma è anche un leader globale nella sostenibilità ambientale.
40
paesi
2.2
milioni di tonnellate di capacità di acciaio piatto inossidabile ed elettrico in Brasile e in Europa
6
impianti di produzione situati in Brasile, Belgio e Francia. Rete di distribuzione, lavorazione e servizi altamente integrata.
0.3*
tonnellate di CO2e per tonnellata di acciaio grezzo: leader nel settore per quanto riguarda l' impronta di carbonio (*intensità netta dell'ambito 1+2 nel 2024) Dati di 'tutte le tonnellate', incluso il sequestro
NOTIZIE
