Afarak H1 FY26 net result turns to loss of EUR 0.7 million; revenue drops 25.9% to EUR 57.1 million

Reuters2026/08/14 06:00

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Afarak posted a H1 2026 net loss of EUR 0.7 million, swinging from profit, while EBIT fell to EUR 0.5 million.
Revenue dropped 25.9% to EUR 57.1 million, while EBITDA slid to EUR 1.6 million.
EBIT margin narrowed to 0.8% from 7.7%, while net financial items took a EUR 0.5 million IFRS 9 fair-value hit.
Processed material sold fell 25.9% to 11,372 tonnes, while tonnage mined declined 12.8% to 130,256 tonnes.
Management expects low-carbon ferro-chrome demand to improve after summer, though a weak US$ and cheap imports may pressure pricing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Afarak Group SE published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608140200OMX_____CNEWS_EN_GNW1001257533_en) on August 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Afarak H1 FY26 net result turns to loss of EUR 0.7 million; revenue drops 25.9% to EUR 57.1 million

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