Eramet shares dive on 'disastrous' 2025 results

Eramet

19/02/2026 08:35

** Shares of Eramet ERMT.PA fall 18%, having been halted initially, after the French mining and metallurgical company posted on Wednesday full-year results for 2025

** "Disastrous 2025 prompts sweeping corrective actions," AlphaValue says

** Eramet's EBITDA drops by 54% to 372 million euros  ($439.03 million) in 2025, and the company cites lower manganese prices, a weak dollar, and Indonesia setbacks

** In December, the company announced plans to cut capital expenditure and pursue efficiency measures while in the midst of a management crisis

** Shares are on track for worst day since October 2022, when it closed 20.2% lower

($1 = 0.8473 euros)

 (Reporting by Lucie Barbier)

 ((Email: lucie.barbier@thomsonreuters.com))