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Grupa Kęty SAKety metals sees no rebound in market, growth expected in aluminium systems segment
Listed metals group Kety does not see any recovery in the market, which remains difficult. In the extruded products and flexible packaging segments, the company assesses the outlook as stable, while expecting the upward trend to continue in the aluminium systems segment, Kety representatives told a video conference following the release of group's earnings report for the third quarter of 2025.
"The market environment remains unchanged (...). In October, we are unfortunately seeing rising aluminium prices and continuing declines in petrochemical prices, but from a business and operational perspective, the outlook for the extruded products and flexible packaging segments remains stable, and in the aluminium systems segment, we are counting on the upward trend to continue, which makes us optimistic about the fourth quarter," said Kety's CFO and management board member Rafal Warpechowski.
"We said that the second half of the year would be better, but we are not seeing this recovery, so the improvement in results is due to our operational efficiency. This better second half of the year assumed a market rebound, which is not visible, so it will be a more balanced half-year," he added.
Cumulatively, after three quarters of 2025, the Kety group had approximately PLN 817 million (EUR 192.9 mln) in EBITDA. The full-year outlook for 2025 assumes an EBITDA of PLN 990 million (EUR 233.74 mln).
"We are upholding our EBITDA outlook at PLN 990 million. What we are missing for the last quarter seems realistic after the third quarter results," CEO Roman Przybylski told the video conference.
"We have had stable volatility on the market for several quarters now. In fact, we have had economic stagnation in most of Europe for several years in a row. (...) We believe that the market will remain difficult, and we do not see any particular signs of recovery," he added.
As Kety's CEO pointed out, most industrial sectors in Western Europe are performing poorly, which is affecting Polish companies.
"However, the picture is more optimistic when looking at the industry in more detail," Przybylski noted.
In his opinion, a detailed picture of the market situation confirms the group's strategy and its implementation based on the development of aluminium systems segment and the creation of the sun protection systems segment.
"There is still room on most European markets, we can push forward," the CEO assessed.
The management board of Kety announced that it had held a series of meetings with regional customers of Aluprof, a manufacturer of aluminium systems belonging to the group.
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