Aurubis AG (AIAGY) Q4 2025 Earnings Call Transcript
Aurubis AG (OTCPK:AIAGY) Analyst/Investor Day October 8, 2025 7:30 AM EDT Company Participants Ken Nagayama Toralf Haag - Chief Executive Officer & Member of the Executive Board Inge Hofkens - COO of Multimetal Recycling & Member of the Executive Board Tim Kurth - COO of Custom Smelting and Products & Member of Executive Board Steffen Hoffmann - Chief Financial Officer Seonag Doherty David Schultheis Martin Sj berg Conference Call Participants Jason Fairclough - BofA Securities, Research Division Boris Bourdet - Kepler Cheuvreux, Research Division Bastian Synagowitz - Deutsche Bank AG, Research Division Maxime Kogge - ODDO BHF Corporate & Markets, Research Division Daniel Major - UBS Investment Bank, Research Division Laura Colli Colin Hamilton Alan Spence - BNP Paribas Exane, Research Division Presentation Ken Nagayama Good afternoon, London. And because we're streaming this event also through the web, we're also wishing a good morning to all our participants from the U.S. Welcome to the Aurubis Capital Market Day 2025.
Aurubis faces short-term challenges, including theft and macroeconomic trends, but I believe it will outperform in the long term with patience. The company's latest 9M/3Q results show stable performance, improved EBT, and positive trends in metal results and copper premiums despite some negative trends. Aurubis is undervalued, trading at 7.8x P/E, with potential upsides of 71-90% RoR by 2027, driven by growth projects and expansions.