EGA posts Dhs15.08 billion revenue in H1

Emirates Global Aluminium (EGA) on Thursday reported revenues of Dhs15.08 billion ($4.11 billion) for the first half of 2025.

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EGA delivered underlying Earnings Before Interest, Tax, Depreciation and Amortisation (underlying EBITDA) of Dhs3.82 billion ($1.04 billion). Meanwhile, EGA's underlying net profit before GAC adjustments was Dhs1.63 billion ($445 million).

The company’s primary hot metal production remained steady at 1.34 million tonnes. Cast metal output totalled 1.41 million tonnes, with EGA Leichtmetall contributing 10 thousand tonnes and EGA Spectro Alloys 33 thousand tonnes. EGA sold 1.37 million tonnes of cast metal to over 400 customers in more than 50 countries, up from 1.31 million tonnes in HI 2024.

The share of value-added products-'premium aluminium'- rose to 84 percent (HI 2024: 82 percent). Higher billet, slab and purity sales offset softer demand for foundry amid weaker-than-expected performance in the automotive sector.

Sales of low-carbon aluminium brands also grew. EGA sold 52 thousand tonnes of CelestiAL solar aluminium (including 19 thousand tonnes of CelestiAL-R with recycled content), up from 44 thousand tonnes in HI 2024.

During the period, EGA signed a supply agreement with Hyundai Mobis for up to 15 thousand tonnes of CelestiAL per year by 2026. RevivAL recycled aluminium sales surged to 41 thousand tonnes, from just two thousand tonnes in HI 2024.