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Stock impact report

Eramet: Adjusted turnover of €761m in Q1 2024 [Yahoo! Finance]

ERAMET SA UNSP/ADR (ERMAY) 
NASDAQ:AMEX Investor Relations: eramet.com/en/investors
Company Research Source: Yahoo! Finance
Adjusted turnover of €761m (-19%) reflecting, as expected, a strong negative price effect (-24%), while the positive volume effect is limited (+2%), penalised by the decline in SLN volumes sold Good operational performance of the Group's main mining activities compared to the unfavourable comparison base of Q1 2023: +27% in manganese ore volumes sold from Gabon +52% in nickel ore volumes produced in Indonesia, but -17% in volumes sold, reflecting the absence of sales of low-grade saprolites over the quarter, whose commercialization permit for 2024 is under assessment by the Indonesian government +52% in zircon volumes and +36% in ilmenite sold from Senegal Strong decline in selling prices compared to Q1 2023 Neutralization of SLN's debt in the Group's consolidated accounts Group mineral resources revised upwards on 1 January 2024 +52% at 15.1 Mt-LCE in Argentina +19% at 2,193 Mwmt of nickel in Indonesia 2024 outlook set, as expected, against the background of a la Show less Read more
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