Higher demand for flexible packaging products in the Aluminum sector, the sales mix with increased conversion rates and the improved result from the use of scrap in the production process combined with investments in both the aluminum and copper sectors boosted ElvalHalcor’s financial performance in the first half of 2025, despite high energy costs, tariffs and the uncertain geopolitical environment, as the company’s management emphasized during the analysts’ briefing.
In the aluminum sector, sales volume increased by 2.8% compared to the first half of 2024, despite international challenges and the 25% import tariff imposed in the US in March. This improvement is due to higher demand from the packaging sector and sales volume directed to the transportation sector, with an annual increase of 8.6% and 7.8% respectively. In total, the company sold 303 thousand tons of aluminum in the first half of 2025.
In the copper sector, despite the adverse trading environment, characterized by limited availability of raw materials due to concerns about the imposition of tariffs and increased average prices on the LME, the group effectively managed its working capital needs.
The sector’s sales volume recorded a marginal increase of 0.6%, due to higher demand in the energy and construction sectors by 8.3% and 2.4% respectively.
In contrast, sales volume for products intended for industrial applications decreased by 4.4%. It is worth noting that sales of copper extrusion products of our subsidiary Sofia Med increased in the first half of 2025, as a result of demand for applications intended for data centers and power grids, particularly in the US market. This confirms the competitiveness and strong position of the copper sector in international markets. Supply chain disruptions, as a result of concerns about tariffs on copper products, negatively impacted the availability of raw materials and scrap, thus impacting the industry’s operating profitability.
Investments rose by 12% in the first half of 2025 compared to the same period last year.
ElvalHalcor is in a strong position to leverage its broad and diversified product portfolio, as well as its strategic advantages, such as its customer-centric philosophy, innovative technology and strong international sales orientation, without dependence on specific countries or geographical regions, which allows it to capitalize on any future opportunity.
