Silicon metal producer Ferroglobe Q3 sales miss estimates hurt by weak demand

Ferroglobe

05/11/2025 22:17

Overview

Ferroglobe Q3 sales fell 28.1% yr/yr, missing analyst expectations

Adjusted EPS for Q3 missed analyst expectations

Adjusted EBITDA for Q3 missed analyst expectations

Outlook

Ferroglobe expects 2026 market conditions to improve due to favorable trade measures

Result Drivers

WEAK DEMAND - Market conditions remained challenging with continued weak demand across end markets, further pressured by low-priced imports to the EU, according to CEO Dr. Marco Levi

COST OPTIMIZATION - Despite lower revenue, adjusted EBITDA margin improved due to higher average selling price, improved operational efficiency, and continued cost optimization efforts

TRADE MEASURES - Preliminary U.S. antidumping and countervailing duty case decision and expected EU trade measures are seen as positive for future market conditions, per CEO Dr. Marco Levi

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Miss
$311.70 mln
$393.80 mln (2 Analysts)
Q3 Adjusted EPS
Miss
-$0.02
$0.02 (1 Analyst)
Q3 Adjusted EBITDA
Miss
$18.30 mln
$32.60 mln (2 Analysts)
Q3 Adjusted EBITDA Margin
11.70%
Q3 Operating Free Cash Flow
$20.80 mln


Press Release: ID:nGNXb5B0xB

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)