Profil:
KGHM Polska Miedź SAKGHM copper posts PLN 2.49 bln in Q1 adj. EBITDA, above consensus
Listed copper and silver producer KGHM posted PLN 2.489 billion (EUR 588 mln) in Q1 adjusted EBITDA, 17 percent above market expectations for a PLN 2.127 billion (EUR 503 mln) result, the company's financial report showed.
Below are the KGHM's results for the first quarter of 2025 against the PAP Biznes consensus:
1Q2025 | result | consensus | vs consensus | y/y | q/q |
PLN mln | PLN mln | % | % | % | |
Revenues | 8942 | 8854.5 | 1,00% | 7.5% | -2.6% |
adj. EBITDA | 2489 | 2127.3 | 17,00% | 60.5% | 9.6% |
C1 cost increased to USD 2.62 per pound, down by 7 percent y/y.
Investment spending at parent company rose 6 percent y/y to PLN 692 mln.
Net debt to adjusted EBITDA fell to 0.72x at end-Q1 from 0.81x at end-2024.
pel/