in Addition, the refining charges for copper scrap were below the relatively high year-on-year. The operating pre-tax profit halved in the three months to end-December compared with the previous year at approximately 40 million euros, as the MDax group announced on Wednesday in Hamburg. The Management will remain in place until mid-2019 President of the group CEO Juergen Schachler had pointed out because of unplanned breaks in Production in the Hamburg, Lünen and Pirdop already a sluggish start to the Year. In addition, the first quarter is seasonally weak. Sales fell by 9 percent to around 2.6 billion euros. Both values were slightly below the average analysts estimate.

For the full year 2018/19 expects Aurubis continues with a moderate decline in operating profit before Tax. According to the company’s definition, this corresponds to a Minus of 5.1 to 15 percent.

dpa metal industry, Aurubis, Pirdop, Lünen Hamburg million

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