Aurubis AG , Europe's largest copper producer, on Monday repeated its forecast of strong core profits in its current financial year after quarterly earnings jumped 20%.
, Europe's largest copper producer, on Monday repeated its forecast of strong core profits in its current financial year after quarterly earnings jumped 20%.
Aurubis confirmed its forecast of operating earnings before taxes of between 450 million and 550 million euros in its full 2022/23 year, which was raised in April from its previous forecast of 400 million to 500 million euros.Aurubis said the reason for the strong quarterly result included continued high fees it can charge to process copper concentrate , high price premiums for the copper it produces and continued strong demand for copper wire rod at high prices.
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