Befesa Raises 2026 Adjusted EBITDA Guidance to €286-296 Million
Bitget2026/10/28 11:59- Befesa raised fiscal 2026 adjusted EBITDA guidance to €286 million–€296 million, including an expected €26 million U.S. production tax credit.
- Excluding the credit, adjusted EBITDA guidance narrowed to €260 million–€270 million from €250 million–€270 million.
- The credit, linked to U.S. zinc production, is expected to contribute €25 million–€30 million annually, with phased reductions starting in 2031.
- Including the credit, earnings per share are expected above €2.90, with year-end net leverage around 1.8 times.
- No credit-related cash inflow is expected in 2026; operating cash flow guidance remains at single-digit growth.
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