Copper specialist Asta Energy's half-year core profit surges
27/08/2026 06:45
Copper specialist Asta Energy's half-year core profit surges Aug 27 (Reuters) - Copper products maker Asta Energy 1AST.VI reported a higher adjusted half-year core profit on Thursday, propelled by demand for copper parts used in electrification and expanding grid networks.
The Austrian company said its adjusted earnings before interest, taxes, depreciation and amortization rose 54% from a year ago to €37 million ($43 million) in the January-June period.
($1 = 0.8580 euros)
(Reporting by Danny Callaghan in Gdansk, editing by Milla Nissi-Prussak)
((Email: danny.callaghan@thomsonreuters.com))
Recent news on Asta Energy Solutions AG
See all newsBrief: ETV Montana Tech Holding Successfully Completes Placement Of 500,000 Shares In Asta Energy Solutions
Brief: ETV Montana Tech And Makra Launch Placement Of Up To 500,000 Existing Shares In Asta Energy Solutions AG
Asta Energy's core profit surges on global copper demand, lifting shares (updated)
Copper specialist Asta Energy's half-year core profit surges
Brief: Asta Energy Reports H1 Adjusted EBITDA Of EUR 37 Mln (+54% YoY)