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Alumetal Group with 2.5x higher EBITDA in Q1 2021

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Alumetal Group with 2.5x higher EBITDA in Q1 2021
Source: Alumetal Group

One of the largest European producers of secondary aluminum casting alloys for the automotive industry, the Alumetal Group, recorded a sharp increase in results in the first quarter of 2021 and sees opportunities for further increase in value generated for shareholders.

In the period of January-March 2021, the Alumetal Group recorded an EBITDA result of PLN 65 million (+149 percent y/y) and PLN 49.5 million of normalized net profit (+229 percent y/y, net result adjusted for the effect of the…

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