Aurubis extends CEO term as Aurubis stock falls 3.08 percent

Published on 10/01/2026 at 11:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Operating EBT rose 31.00 percent to EUR 374.00 million in nine months. Aurubis stock costs EUR 155.60 on October 1, 2026 versus EUR 160.55.

Extreme Makro-Detailaufnahme einer Kupferkathoden-Oberfläche mit kristalliner Textur — Aurubis AG Makroaufnahme einer kristallinen Kupferkathoden-Oberfläche mit roségoldenem metallischem Glanz, ISIN DE0006766504, Illustration mit AI erstellt.

Aurubis stock was trading at EUR 155.60 at Lang & Schwarz on October 1, 2026 at 11:38 a.m. CEST, down 3.08 percent versus the prior close of EUR 160.55. On September 29, 2026, Presseportal reported that Aurubis extended CEO Toralf Haag's appointment to February 28, 2031 and COO Tim Kurth's contract to June 30, 2032.

Leadership continuity meets a sharp drop

The management decision also covers CFO Steffen Hoffmann, whose contract Aurubis intends to extend to September 30, 2032. Inge Hofkens will leave the Executive Board at the end of September 2026, while Verena von Weiss will take responsibility for European recycling and the global recycling strategy.

The market signal is mixed in numerical terms: the Lang & Schwarz price fell EUR 4.95 from EUR 160.55 to EUR 155.60 during the October 1, 2026 session. The decline of 3.08 percent is large enough to make the leadership announcement a secondary factor for short-term price analysis, even though the management plan emphasizes continuity.

Operating EBT rises 31.00 percent

In the first nine months of fiscal 2025/2026, operating EBT increased 31.00 percent to EUR 374.00 million, according to Yahoo Finance on August 6, 2026. Group revenue rose 29.00 percent to EUR 17.80 billion over the same period, while operating return on capital employed improved to 9.40 percent from 9.10 percent.

The earnings improvement comes with a clear counterweight. Net cash flow was negative EUR 28.00 million in the first nine months, compared with positive EUR 357.00 million a year earlier, as inventory increased during strategic project ramp-ups. Aurubis nevertheless confirmed fiscal 2025/2026 guidance of EUR 700.00 million to EUR 800.00 million operating EBITDA and EUR 425.00 million to EUR 525.00 million operating EBT, with EBT expected at the upper end of the range.

Stock remains below its yearly high

At EUR 155.60, Aurubis stock stood 30.91 percent below its 52-week high of EUR 225.20 and above its 52-week low of EUR 102.00 on October 1, 2026. The market capitalization was EUR 6.80 billion on the same date, giving the leadership news a valuation context beyond the day's decline.

Aurubis says on its investor-relations page that its shares are listed in the MDAX and the Prime Standard segment of the German Stock Exchange. The next major reporting date stated in the fiscal 2025/2026 call is December 2, 2026, when Aurubis plans to release its annual report.

December report is the next marker

The December 2, 2026 annual report will test whether the stronger operating EBT trend and the upper-end guidance language translate into cash generation after the inventory buildup. For the stock, the immediate contrast is precise: operating EBT was up 31.00 percent for the first nine months, while the Lang & Schwarz quote was down 3.08 percent on October 1, 2026.

The further course of trading is shown by the continuously updated real-time quote of Aurubis stock.