Aurubis posts 60% rise in earnings for record 2020/21 year

Aurubis had its most successful fiscal year in the company's history, benefiting from high scrap refining charges and other recycling materials, a strong increase in metal prices and high demand for its products, it said on December 3.

For the financial year to September 30, Aurubis' operating earnings before taxes (EBT) grew by 60% to €353 million ($400 million), up from €221 million in 2020. 
Profits for Europe's largest copper producer stood at €1.4 billion, up 16% from €1.23 billion in 2020, while the company's revenues also increased by 31% over the fiscal year to September 2021, to €16.3 billion.

“We’re proud of the achievements in a fiscal year that was...

Published

Ana de Liz

December 03, 2021

12:16 GMT

London

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