The AMAG Group’s Metal, Casting and Rolling divisions were all operating at full capacity in the first nine months of 2013, with total shipments for the period up by 2.9% to 274,000 t. Rolling accounted for the lion’s share of this increase.
At 615.9 mEUR, Group sales for the first three quarters of 2013 were 3.6% down on the like period of 2012 (Q1-Q3 2012: 638.9 mEUR). This was chiefly attributable to the 7% decline in the price of aluminium.
The AMAG Group’s Metal, Casting and Rolling divisions were all operating at full capacity in the first half of 2013. In spite of the challenging market environment, order backlog was satisfactory in the second quarter. Total shipments rose by 1% year on year to 181,900 t in the first six months of this year, with the 4% improvement in the Rolling division more than making up for the declines in the Casting and Metal divisions (2% and 1% respectively). Second-quarter shipments were virtually unchanged on the like period of 2012, at 93,700 t (Q2 2012: 94,000 t).
AMAG Austria Metall AG, based in Ranshofen, Upper Austria, concluded a multi-year contract with EADS effective January 1, 2013, for the supply of aluminium plate and sheet to manufacture structural and skin components. The order volume is up to EUR 100 million. AMAG and EADS have been cooperating since 2005.
In the 1st quarter of 2013, production was at full capacity in the three Divisions Metal, Casting and Rolling of the AMAG Group. The order situation as of the end of March 2013 is very sound. The total shipment volume was increased by 2%, to 88,100 tons, with the Metal and Rolling Divisions achieving growth rates of 4% and 5%, respectively.
The AMAG Group achieved sales of 814.2 mEUR in the fiscal year 2012 and continues on the prior year's level of 813.1 mEUR despite the average price of aluminium falling 370 USD/t. The earnings before interest, taxes, depreciation and amortization (EBITDA) dropped for the same reason, from 149.7 mEUR in 2011 to 133.8 mEUR in 2012, thus remaining on a high level.