Aurubis stock holds firm as EBT reaches EUR374 million
Published on 09/01/2026 at 08:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Aurubis AG (DE0006766504) entered September with EUR374 million in operative EBT for the first nine months of 2025/26, a 31 percent increase from the prior-year period, while the latest close stood at EUR177.50 on August 31, 2026.
The same August 31, 2026 overview says management expects full-year 2025/26 operative EBT at the upper end of the EUR425 million to EUR525 million range, and it also flags the Richmond US project start as a timing issue rather than a change in the profit frame. That combination keeps attention on execution in the final quarter.
Guidance stays elevated
The operative EBT figure matters because it puts the company within reach of the lower half of its full-year corridor before the final quarter is finished. A first. The comparison is concrete: EUR374 million in the first nine months versus EUR285 million in the same period a year earlier, based on the cited overview.
For investors, the key question is whether copper prices, recycling spreads and project timing can keep that nine-month pace intact through the year-end finish. The quoted session close of EUR177.50 also left the stock 0.2 percent above its 50-day average, a small technical cushion rather than a stretched setup.
Technical tone
The latest close at EUR177.50 and a year-to-date gain of 50 percent place Aurubis in a strong 2026 run by European industrial standards. The move is broad enough to matter, but the valuation of the next leg still depends on delivery against guidance rather than on momentum alone.
That is where the Richmond timing point becomes relevant. If the project slips further, the full-year mix changes; if it stays on track, the upper end of the EUR425 million to EUR525 million operative EBT range remains in play.
Copper and recycling
Aurubis' core business spans copper production and recycling, so its earnings power depends on treatment charges, scrap flows and industrial demand. The current backdrop from AI data centers, electrification and renewable energy has helped support the sector narrative in 2026.
Against that backdrop, Aurubis stock is trading on execution, not just on the metal cycle, with the latest session and the nine-month numbers pointing in the same direction.
Price and context
At EUR177.50 as of August 31, 2026, Aurubis shares remain well above the start-of-year level implied by the 50 percent year-to-date gain. The stock therefore carries both a strong reported earnings pace and a demanding finish to the 2025/26 year.
More on Aurubis stock
Company: Aurubis AG
ISIN: DE0006766504
Ticker: not specified in the cited sources
Exchange: home European exchange
Sector / Industry: Metals and mining - copper and recycling
Index membership: not specified in the cited sources
Price (as of August 31, 2026): EUR177.50
Market cap: not specified in the cited sources
Next earnings date: not specified in the cited sources
