Elvalhalcor Hellenic Copper and Aluminium Industry SA
ATHEX:ELHA
Elvalhalcor Hellenic Copper and Aluminium Industry SA
ElvalHalcor Hellenic Copper & Aluminium Industry SA engages in the provision of aluminium and copper processing industrial products and solutions. The company is headquartered in Athina, Attiki and currently employs 3,707 full-time employees. The Aluminum segment comprises the aluminum division, under the Elval brand name, and aluminum processing subsidiaries: Symetal, Elval Colour, Vepal, Anoxal and Viomal. The company offers aluminum products and solutions, including coils, strips, sheets and foil for various applications and architectural and industrial aluminum profiles. The Copper segment offers copper solutions through its copper tubes division, under the brand name Halcor, and its copper processing subsidiaries. The company is active in the following markets: automotive and shipbuilding; packaging; energy and power networks; renewable energy; industrial applications; heating, ventilation, air conditioning and refrigeration (HVAC&R), as well as building and construction. The company has a production base across more than 10 industrial units and a market presence in over 100 countries.
ElvalHalcor Hellenic Copper & Aluminium Industry SA engages in the provision of aluminium and copper processing industrial products and solutions. The company is headquartered in Athina, Attiki and currently employs 3,707 full-time employees. The Aluminum segment comprises the aluminum division, under the Elval brand name, and aluminum processing subsidiaries: Symetal, Elval Colour, Vepal, Anoxal and Viomal. The company offers aluminum products and solutions, including coils, strips, sheets and foil for various applications and architectural and industrial aluminum profiles. The Copper segment offers copper solutions through its copper tubes division, under the brand name Halcor, and its copper processing subsidiaries. The company is active in the following markets: automotive and shipbuilding; packaging; energy and power networks; renewable energy; industrial applications; heating, ventilation, air conditioning and refrigeration (HVAC&R), as well as building and construction. The company has a production base across more than 10 industrial units and a market presence in over 100 countries.
Profitability: Adjusted EBITDA rose to EUR 134 million, up 8% year-on-year, with strong operational profits and positive free cash flow supporting a significant net debt reduction.
Sales Volume: Group sales volume increased by 2.1% to 303,000 tonnes, driven mainly by growth in the Aluminum Packaging segment.
Segment Performance: Aluminum Packaging showed robust growth with packaging leading at 65% of segment sales, and flexible packaging volumes up nearly 9% year-on-year.
Cost Pressures: Rising energy and raw material prices increased production costs, but some decline in energy costs is expected in the third quarter.
Tariffs Impact: New and higher tariffs in the U.S. market are leading to higher raw material costs and supply shortages, but the company is offsetting risks through diversification.
Outlook: Management expects the second half of the year to be more challenging and uncertain due to ongoing trade, geopolitical, and cost risks.
