Eramet shares drop after H1 earnings slide

Eramet

31/07/2025 10:32

** Shares in Eramet ERMT.PA drop around 9% after the French mining group reported lower H1 earnings and revised downwards its production targets for the year

** It posted a 45% drop in adjusted EBITDA to 191 million euros ($218.54 million)

** Oddo analysts describe the results as "weak and disappointing" in all division apart from mineral sands

** The stock will see its biggest one-day fall since October if losses hold

($1 = 0.8740 euros)

 (Reporting by Mathias de Rozario in Gdansk)

 ((mathias.derozario@thomsonreuters.com;))