AMAG Group 9M EBITDA Surges 59% to EUR 181 Million
Key Facts
AMAG Group reported a 59% increase in EBITDA to EUR 181 million for the first nine months of 2026. AL Circle reported that the company's revenue rose 16.4% to EUR 1.3 billion, driven by higher shipment volumes and attractive market conditions.
The financial performance was supported by strong operations at the Ranshofen site and increased volumes in the Rolling Division, alongside favorable conditions for the company's Canadian smelter interest and cost-efficiency measures. Net income soared 142% to EUR 82 million during the period, while Eurozone interest rates remained at 2.65% following the European Central Bank decision on October 29, 2026.
The market is awaiting the release of the Austrian unemployment rate on November 2, 2026, which is forecasted to reach 7.7% compared to the previous 7.1%.