AURUBIS AG Reports Strong First Quarter Earnings Results for FY2023
March 26, 2023
Earnings Overview
On February 6 2023, AURUBIS AG ($BER:NDA1) reported its earnings results for the first quarter of FY2023 (as of December 31 2022). Total revenue for this quarter amounted to EUR 99.0 million, representing a decrease of 16.1% year-on-year. Net income saw a 6.4% drop compared to the same period one year ago, amounting to EUR 4169.0 million.
Share Price
Monday marked a particularly strong day for AURUBIS AG, as the company reported strong first quarter earnings for FY2023. On Monday, AURUBIS AG stock opened at €49.4 and closed at €48.8, down by 3.4% from last closing price of 50.5. Despite the slight drop in stock price, overall the results were highly positive and showed that the company had managed to remain resilient despite the difficult economic climate.
The company attributed its success to cost-cutting measures and a focus on improving efficiency, which has enabled them to maintain healthy margins despite the challenging environment. The company’s resilient performance in spite of the current economic difficulties is a testament to its strong management and strategic decisions, which is encouraging for investors and should help to support further growth in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Aurubis Ag. More…
| Total Revenues | Net Income | Net Margin |
| 18.23k | 470.67 | 2.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Aurubis Ag. More…
| Operations | Investing | Financing |
| 308.82 | -220.26 | -210.17 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Aurubis Ag. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 7.51k | 3.19k | 48.76 |
Key Ratios Snapshot
Some of the financial key ratios for Aurubis Ag are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 18.7% | 18.8% | 3.4% |
| FCF Margin | ROE | ROA |
| -0.3% | 9.0% | 5.1% |
Analysis
At GoodWhale, we have conducted an extensive analysis of AURUBIS AG‘s financials. Our analysis revealed that AURUBIS AG is a low risk investment in terms of both business and financial aspects. We identified no potential risks associated with this company, making it an ideal option for investors who are looking for a steady, low-risk investment. If you’re interested in learning more about the investment opportunities within AURUBIS AG, or would like to explore other financial and business areas with potential risks, be sure to register on goodwhale.com. Our in-depth reports and analysis provide essential insight into the stability of your investments, so be sure to stay informed and make the most out of your investments with GoodWhale. More…
Summary
AURUBIS AG reported its first quarter FY2023 earnings with total revenue of EUR 99 million, a decrease of 16.1% compared to the same period last year. Net income was EUR 4169 million, a decline of 6.4%. Consequently, the stock price moved downwards on the same day. This could be attributed to the decline in revenue and income from the prior year, as well as the current macroeconomic environment.
Investors may wish to further analyze AURUBIS AG’s performance to gain an insight into the company’s financial health and future prospects. Further research should include areas such as market trends, competitive landscape and risk management strategies.
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