
Overview
Silicon metal producer's Q4 sales rose 5.7% sequentially, despite a 10.4% yr/yr decline
Adjusted EBITDA for Q4 rose 48.2% yr/yr, driven by higher volumes
Company announces 7% increase in quarterly dividend, payable March 30
Outlook
Ferroglobe expects 2026 market conditions to improve due to U.S. and EU trade measures
Company anticipates substantial financial performance improvement in 2026
Result Drivers
TRADE MEASURES - EU ferroalloy safeguard measures and U.S. silicon metal trade case developments supported market conditions
ENERGY CONTRACT - New 10-year French energy contract reduces cost volatility and increases flexibility
ALLOY VOLUMES - Higher sales volumes of silicon-based and manganese-based alloys drove revenue growth
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Sales | Beat | $329.40 mln | $293.60 mln (2 Analysts) |
Q4 Adjusted EPS | Miss | -$0.06 | -$0.05 (1 Analyst) |
Q4 Adjusted EBITDA | Beat | $14.60 mln | $4.30 mln (2 Analysts) |
Q4 Adjusted EBITDA Margin |
| 0.90% |
|
Q4 Operating Free Cash Flow |
| -$4.30 mln |
|
Press Release: ID:nGNX4q4K4N
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.