Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
  1. Homepage
  2. Equities
  3. Germany
  4. Xetra
  5. Aurubis AG
  6. News
  7. Summary
    NDA   DE0006766504


SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Following flood damage in the summer: Aurubis Stolberg GmbH & Co. KG to gradually resume production

09/20/2021 | 09:22am EDT

Following extensive cleaning and repair work, the company can now provide a schedule for the restart of the production facilities in Stolberg: according to current information, it will be possible to start manufacturing certain strip products in a limited production capacity starting in early November. The manufacturing start for additional product groups can't be predicted at the moment because the repairs won't be completed until a later date. Parts of wire manufacturing should also resume production starting in mid-November. For the production areas that are starting up again, orders will be handled according to the existing order confirmations. All of the property damage and damage due to operational failure caused by the flooding are fully covered by insurance.

We are glad and relieved that - due to the strong personal and hands-on efforts of all of our colleagues and external service providers on site, but also thanks to the solidarity and assistance of the entire Aurubis Group - we can resume production so quickly and deliver to our customers again step by step,

explains Udo Nöbel, Head of Segment FRP (Flat Rolled Products). He emphasizes,

We would like to express our sincerest thanks again to our customers in all segments for their patience.

Aurubis Stolberg is one of the leading European manufacturers of semi-finished products made of copper and copper alloys. About 400 employees produce high-precision strip and wire for industrial applications (electrical, electronics, automotive, engineering) from copper products on the global market. In the plant's own foundry, brass alloys are produced for wire manufacturing, as well as bronze and specialty alloys for pre-rolled strip.

Schwermetall Halbzeugwerk GmbH & Co. KG (50 % Aurubis AG) in Stolberg is not affected by the flooding because the site is located at a higher altitude.


Aurubis AG published this content on 20 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 September 2021 13:21:04 UTC.

ę Publicnow 2021
All news about AURUBIS AG
10/20AURUBIS : commissions largest environmental protection installation in Hamburg since the 1..
10/20AURUBIS AG : Aurubis commissions largest environmental protection installation in Hamburg ..
10/20PRESS RELEASE : Aurubis AG: Aurubis commissions largest environmental protection installat..
10/11TOMORROW METALS BY AURUBIS : Multimetal supplier stands for a strong commitment to sustain..
10/11AURUBIS AG : Tomorrow Metals by Aurubis: Multimetal supplier stands for a strong commitmen..
10/11PRESS RELEASE : Aurubis AG: Tomorrow Metals by Aurubis: Multimetal supplier stands for a s..
09/29AURUBIS AG : Buy rating from Baader Bank
09/29AURUBIS AG : Morgan Stanley reiterates its Sell rating
09/29DGAP-PVR : Aurubis AG: Release according to -3-
09/29DGAP-PVR : Aurubis AG: Release according to -2-
More news
Analyst Recommendations on AURUBIS AG
More recommendations
Sales 2021 15 679 M 18 283 M 18 283 M
Net income 2021 340 M 397 M 397 M
Net Debt 2021 13,0 M 15,1 M 15,1 M
P/E ratio 2021 9,41x
Yield 2021 2,05%
Capitalization 3 173 M 3 691 M 3 701 M
EV / Sales 2021 0,20x
EV / Sales 2022 0,20x
Nbr of Employees 7 172
Free-Float 62,3%
Duration : Period :
Aurubis AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends AURUBIS AG
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus HOLD
Number of Analysts 7
Last Close Price 72,72 €
Average target price 74,66 €
Spread / Average Target 2,66%
EPS Revisions
Managers and Directors
Roland Harings Chief Executive Officer
Rainer Verhoeven Chief Financial Officer
Fritz Vahrenholt Chairman-Supervisory Board
Thomas BŘnger Chief Technology Officer
Heiko Arnold Chief Operating Officer