Press Releases 2020

December 9, 2020

Aurubis result grows significantly despite coronavirus pandemic

Despite the coronavirus pandemic and its extensive impacts on the global economy, Aurubis AG (Aurubis) increased its operating earnings before taxes (EBT) by 15 % to € 221 million in the past fiscal year (previous year: € 192 million). Operating ROCE also increased, reaching 9.3 % (previous year: 8.6 %). Operating consolidated net income rose by 21 % to € 167 million (previous year: € 138 million).

November 13, 2020

Aurubis and TSR establish joint venture for cable recycling

Aurubis AG (Aurubis) and TSR Recycling GmbH & Co. KG (TSR) have signed a joint venture agreement. The future joint venture will unite the cable dismantling activities of Aurubis subsidiary Cablo Metall-Recycling und Handel GmbH, Fehrbellin (Cablo) and those of the TSR site in Gelsenkirchen with the objective of recovering copper granules and plastics.

October 19, 2020

General tankhouse overhaul: Aurubis invests € 60 million in the Lünen recycling site

At the Aurubis site in Lünen, the work for the second phase of the tankhouse overhaul has started. Aurubis AG is investing a total of € 60 million in the renovation of the facility. The work includes the demolition and reconstruction of the tankhouse basins and other extensive improvements to the production facility.

September 3, 2020

Continuity even in difficult times: Aurubis brings more apprentices on board than last year

Aurubis AG has made it through the ongoing coronavirus pandemic stable and, for the most part, unaffected so far. This is evident in the high number of new apprentices again, which the company officially welcomed at its Hamburg and Lünen sites. A total of 98 young people are currently starting their apprenticeships at Aurubis AG: 80 in Hamburg (13% more than in 2019) and 18 in Lünen.

August 11, 2020

Aurubis continues to successfully make its way through the coronavirus crisis

The Aurubis Group generated operating earnings before taxes (EBT) of € 133 million in the first three quarters of the current fiscal year, exceeding the same period of the previous year (€ 125 million). A good operating performance boosted concentrate throughput, though treatment and refining charges were lower.

July 29, 2020

Aurubis AG: Dr. Heiko Arnold will be the new Executive Board Member for Production

In an extraordinary meeting today, the Supervisory Board of Aurubis AG has approved the appointment of Dr. Heiko Arnold as the new Executive Board Member for Operations, effective August 15, 2020.

July 24, 2020

Aurubis adopts the Copper Mark

The multi-metal supplier Aurubis AG is adopting “The Copper Mark” and is starting the approval process at its site in Bulgaria.

July 16, 2020

Aurubis acquires Berlin software developer azeti

Multimetal provider Aurubis AG is acquiring Berlin software company azeti GmbH. The purchase agreement was signed yesterday.azeti develops and markets an internet-of-things (IoT) platform that integrates and evaluates production data.

July 13, 2020

Michael Hellemann to become new SVP Commercial at Aurubis AG Hamburg | Monday, July 13, 2020

Michael Hellemann (56) will be the new Senior Vice President Commercial at Aurubis AG from August 1, 2020. In this position he will report directly to Chief Executive Officer Roland Harings. Michael Hellemann's responsibilities include developing and implementing raw material procurement, sales and marketing, the sales and marketing strategy, promoting sales growth, and managing Group-wide commercial processes.

June 24, 2020

Aurubis AG successfully places ESG-linked Schuldschein loan of € 400 million

With a volume of € 400 million, Aurubis placed a Schuldschein loan with an ESG (environmental, social, and corporate governance) component for the first time. Aurubis is the first company in the basic materials industry in Europe to do so, making it a forerunner within the sector. With the ESG-linked Schuldschein loan, investors have the opportunity to invest capital in accordance with clear sustainability aspects.

June 2, 2020

Aurubis AG: Acquisition of Metallo Group fully completed

Aurubis AG has acquired the recycling company Metallo. This marks the formal closing of the transaction, which was effective May 29, 2020. Metallo will be fully consolidated into the Aurubis Group starting June 1. Metallo Group Holding was previously majority-owned by investment firm TowerBrook Capital Partners.

May 15, 2020

Aurubis achieves good half-year result despite coronavirus crisis

espite the worldwide spread of the coronavirus, with extreme effects for the global economy, the Aurubis Group generated operating earnings before taxes (EBT) of € 91 million in the first half of fiscal year 2019/20 (previous year: € 103 million).

May 4, 2020

Aurubis AG receives European Commission’s unconditional approval for Metallo Group acquisition

Green light from Brussels: the EU antitrust authorities issued Aurubis AG unconditional approval for the acquisition of the Belgian-Spanish Metallo Group. This concludes the merger control proceedings that have been ongoing since August 2019. The formal closing of the transaction will take place on May 29.

March 18, 2020

Aurubis AG passes resolution to purchase a volume of up to € 200 million of its own shares

Today, the Executive Board of Aurubis AG passed a resolution on a share buyback program. The company’s own shares are being purchased on the basis of the authorization issued by the shareholders represented at the Annual General Meeting on March 1, 2018.

February 27, 2020

Shareholders at Aurubis Annual General Meeting pass resolution for 41 % dividend payout ratio

The shareholders at the Aurubis AG Annual General Meeting passed a resolution on a dividend of € 1.25 (previous year: € 1.55) per share. This is an increase of the payout ratio to 41 % (previous year: 26 %) of the operating consolidated net result. The dividend yield amounts to 3.1 % (previous year: 2.6 %).

February 13, 2020

Aurubis fulfills market expectations for Q1 of fiscal year 2019/20

The Aurubis Group generated operating earnings before taxes (EBT) of € 31 million in the first three months of fiscal year 2019/20 (previous year: € 40 million). This result meets the capital market’s expectations.