-0,17%Aperam published its first quarter 2026 results
Aperam published its first quarter 2026 results
First quarter 2026 results“Strong performance from the diversified value chain” Luxembourg, April 30, 2026 (07:00 CEST) – Aperam S.A. (referred to as “Aperam” or the “Company”) (Amsterdam, Luxembourg, Paris, Brussels: APAM, NYRS: APEMY), announced today results for the three months ended March 31, 2026.
Highlights
- Health and Safety: LTI frequency rate of 1.4x in Q1 2026 compared to 2.0x in Q4 2025
- Shipments of 617 thousand tonnes in Q1 2026, 11% increase compared to shipments of 554 thousand tonnes in Q4 2025
- Adjusted EBITDA of EUR 90 million in Q1 2026, compared to Adjusted EBITDA of EUR 67 million in Q4 2025
- Net income of EUR 3 million in Q1 2026, compared to EUR 29 million in Q4 2025
- Basic earnings per share of EUR 0.04 in Q1 2026, compared to EUR 0.40 in Q4 2025
- Free cash flow before dividend amounted to EUR (44) million in Q1 2026, compared to EUR 112 million in Q4 2025
- Net financial debt of EUR 1,057 million as of March 31, 2026, compared to EUR 978 million as of December 31, 2025
Strategic initiatives
Leadership Journey® Phase 6: Gains reached already EUR 18 million in Q1 2026; target gains of EUR 150 million over the period 2026 to 2028
Prospects
- Q2 2026 adjusted EBITDA is expected to be significantly higher compared to Q1 2026
- We guide for a slightly lower Q2 2026 net financial debt despite working capital seasonality thanks to earnings strength and efficient integrated value chain
Sud Sivaji, CEO of Aperam, commented: “Aperam has delivered its best start to a year in three years, with a strong Q1 performance that serves as a powerful validation of our diversified business model. Despite the undeniable geopolitical challenges and energy volatility in 2026, every one of our segments is contributing to our value growth, proving again that we are much more than just a European stainless steel story. In Europe, we are not just waiting for a market recovery – we are benefiting from a structural shift. The combination of upcoming Trade Defense regulation provides a secure framework for Aperam to capture the ‘Europe Upside’ while we continue to deliver on our global transformation projects.”
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