February 18, 2018 4:28 AM ET

Metals and Mining

Company Overview of AMAG Austria Metall AG

Company Overview

AMAG Austria Metall AG, together with its subsidiaries, produces, processes, and distributes aluminum, and aluminum wrought and cast products. It operates through Metal, Casting, Rolling, and Service divisions. The Metal division produces and markets primary aluminum, and manages metal production streams. The Casting division produces cast aluminum alloys from aluminum scrap for use by various sectors, including the automotive sector and supply industry, as well as the engineering and electrical engineering sectors. Its product portfolio covers materials tailored to customer requirements in the form of ingots, sows, and liquid aluminum. The Rolling division manufactures rolled aluminum produ...

Lamprechtshausener Strasse 61

PO Box 3

Ranshofen,  5282

Austria

1,866 Employees

Phone:

43 7722 8010

Fax:

43 7722 809 498

Key Executives for AMAG Austria Metall AG

Chairman of Management Board and Chief Executive Officer
Age: 64
Total Annual Compensation: €1.2M
Chief Financial Officer and Member of Management Board
Age: 46
Total Annual Compensation: €772.5K
Chief Operating Officer, Chief Technology Officer and Member of Management Board
Age: 54
Total Annual Compensation: €772.5K
Compensation as of Fiscal Year 2016.

AMAG Austria Metall AG Key Developments

AMAG Austria Metall AG Unsponsored ADR To Be Deleted From Other OTC

AMAG Austria Metall AG Unsponsored ADR (Austria) will be deleted from Other OTC, effective December 27, 2017. The deletion was due to termination of ADR/GDR program.

AMAG Austria Metall AG Presents at Kepler Cheuvreux German Corporate Conference, Jan-16-2018 10:45 AM

AMAG Austria Metall AG Presents at Kepler Cheuvreux German Corporate Conference, Jan-16-2018 10:45 AM. Venue: Hotel Villa Kennedy, Kennedyallee 70, Frankfurt, Germany. Speakers: Helmut Wieser, Chairman of Management Board and Chief Executive Officer.

AMAG Group Reports Earnings Results for the Third Quarter and Nine Months Ended September 2017; Revises Earnings Guidance for the Full Year 2017

AMAG Group reported earnings results for the third quarter and nine months ended September 2017. For the period, total volume of sales in the first three quarters increased by 3% to 318,900 tons. Sales revenues of the group increased by 15.0% to EUR 790.2 million, due to both higher volume and prices. Operating profit (EBIT) increased by 22.9% to EUR 72.0 million. After-tax profit grew by 26.1% to EUR 48.6 million. EBITDA increased by 17.6% to EUR 129 million. In the third quarter Operating profit (EBIT) dropped by 12.5% to EUR 16.9 million. The group has slightly raised its forecasts for 2017. An EBITDA of EUR 155 million – EUR 162 million is expected. Back in August the company expected EUR 150 million - 160 million.

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Recent Private Companies Transactions

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