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Elkem ASA (ELKEF)
:ELKEF
Earnings Data
Report Date
Jul 15, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.03Last Year’s EPS
0.13Same Quarter Last Year
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 30, 2025
|% Change Since: -2.63%
|Next Earnings Date:Jul 15, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted Elkem's strong performance in the Silicones and Carbon Solutions divisions and its strategic initiatives in ESG, but also emphasized significant challenges due to global trade tensions and weak market conditions affecting the Silicon Products division. Despite a strong financial position, market uncertainty and maintenance impacts weighed on results.Company Guidance
In the recent call, Elkem provided detailed guidance on various financial metrics and market outlooks. The company reported a first-quarter EBITDA of NOK 898 million, with an EBITDA margin of 11%. The Silicones division showed a marked improvement in cost positions, particularly in China, despite the impact of the Chinese New Year and maintenance stops. Excluding Silicones, Elkem's operating income reached NOK 4.3 billion with an EBITDA of close to NOK 700 million, representing a 16% margin. The Silicon Products division faced weak market conditions, with several sites in Norway experiencing maintenance stops and power curtailment in Iceland. Despite these challenges, Carbon Solutions maintained stable results and high margins. The company remains focused on reducing CO2 emissions and supporting green transitions, aiming for groundbreaking projects like carbon capture and storage by 2050. Amid global trade tensions, Elkem is leveraging its geographically diverse and independent value chains, with the expectation that potential tariffs might be counterbalanced by increased prices. The strategic review of the Silicones division is ongoing, with a target to conclude by year-end. The company also highlighted its robust financial position, with total equity of NOK 24.9 billion and a stable debt leverage of 2.5 times EBITDA.Silicones Division Performance
The Silicones division reported increased operating income due to higher sales volumes. EBITDA improved significantly compared to the previous year, driven by improved cost positions in China and France.
Carbon Solutions Stability
The Carbon Solutions division delivered stable results with an EBITDA margin of 30%, showing strong performance despite challenging markets.
Automotive Sector Recovery
The automotive industry, a key sector for Elkem, is showing signs of recovery with production forecasts revised upwards in Europe and China.
ESG Initiatives
Elkem is engaged in several ESG initiatives, including reducing CO2 emissions and launching a range of recycled silicones with a 70% lower carbon footprint.
Strong Financial Position
Elkem maintains a strong balance sheet with an equity ratio of 50% and a liquidity position that supports its strategic initiatives.
ELKEF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ELKEF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2025 | $1.90 | $1.75 | -7.89% |
Feb 12, 2025 | $2.00 | $1.85 | -7.50% |
Oct 24, 2024 | $1.72 | $1.80 | +4.65% |
Jul 12, 2024 | $1.90 | $2.11 | +11.05% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Elkem ASA (ELKEF) report earnings?
Elkem ASA (ELKEF) is schdueled to report earning on Jul 15, 2025, TBA Not Confirmed.
What is Elkem ASA (ELKEF) earnings time?
Elkem ASA (ELKEF) earnings time is at Jul 15, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ELKEF EPS forecast?
ELKEF EPS forecast for the fiscal quarter 2025 (Q2) is 0.03.