Aurubis AG (AIAGF.PK), a supplier of non-ferrous metal, reported that its second quarter net income rose to 105 million euros from the prior year's 90 million euros, with earnings per share improving to 2.41 euros from 2.06 euros last year.
But revenues for the second quarter declined to 4.35 billion euros from 4.69 billion euros in the prior year.
Aurubis confirmed outlook for fiscal year 2023/24. It expects demand for copper products and the metals the company produces to remain high. The company still expects annual operating EBT to be between 380 million euros and 480 million euros.
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