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Copper producer Aurubis beats market view for nine-month core profit

Copper producer Aurubis beats market view for nine-month core profit

- Europe's largest copper producer Aurubis NAFG.DE reported nine-month earnings above market expectations on Thursday, driven by higher metal prices and improved revenue in its sulfuric acid unit.

Operating pre-tax earnings rose to €374 million ($432 million) in the nine months through June, compared with €286 million a year ago. That beat analysts' average forecast of €363 million provided by the company.

($1 = 0.8660 euros)


(Reporting by Danny Callaghan, editing by Milla Nissi-Prussak)

((Email: danny.callaghan@thomsonreuters.com))

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