BERLIN, Dec 3 (Reuters) – Aurubis AG NAFG.DE, Europe’s largest copper producer, beat its fiscal year forecast on Friday, reporting a 60% year-on-year increase in operating earnings before taxes (EBT).
The company posted operating EBT of 353 million euros ($398.82 million) for the fiscal year ending on Sept. 30, up from 221 million euros the previous year.
Fourth quarter earnings saw a slight dip, with Aurubis reporting a result of 85 million euros, down from 88 million euros last year.
For the full current 2021/22 fiscal year that runs from Oct. 1, 2021, the multimetal company forecasts an operating EBT of 320 to 380 million.
($1 = 0.8851 euros)
(Reporting by Miranda Murray)
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