Finland's Afarak swings to FY loss due to price pressures
27/02/2026 09:12
Overview Specialist alloy producer's revenue rose yr/yr in H2 and FY 2025, despite challenging market conditions Company's H2 EBITDA dropped sharply and turned negative to EUR -0.2 mln for FY 2025, highlighting price pressure from imports Company disposed of Zeerust mine in South Africa mid-year, impacting tonnage mined Outlook Company projects modest recovery in EU steel industry for 2026 amid high uncertainty Afarak says high energy costs and tariffs continue to impact European steel producers Company notes positive effects from EU safeguard measures but margins remain pressured Result Drivers INCREASED SALES - Speciality Alloys processed material sold rose by 32.7% in H2 2025, boosting revenue MINING DECLINE - Tonnage mined fell by 43% in H2 2025, partly due to the disposal of the Zeerust mine PRICE PRESSURE - Price pressure from low-cost imports affected margins, despite increased sales Company press release: ID:nGNE4TfmNj Key Details
| Metric | Beat/Miss | Actual | Consensus Estimate |
| FY Revenue | EUR 141.30 mln | ||
| FY EPS | -EUR 0.03 | ||
| FY EBIT | -EUR 2.60 mln | ||
| FY EBITDA | -EUR 0.2 mln | ||
| FY Pretax Profit | -EUR 7.50 mln |