Ferroglobe PLC reported Q2 2025 financial results with a rebound in adjusted EBITDA to $21.6 million despite macroeconomic uncertainties and geopolitical challenges. The company saw a 25.9% increase in sales to $386.9 million and a net loss of $10.5 million. Ferroglobe's management remains optimistic about future performance, anticipating favorable trade actions to support fair competition and improved pricing. The company's total cash position stands at $135.5 million.
Ferroglobe PLC (NASDAQ: GSM) reported its second-quarter 2025 financial results, showcasing a rebound in adjusted EBITDA to $21.6 million despite ongoing macroeconomic uncertainties and geopolitical challenges. The company's sales increased by 25.9% to $386.9 million, while the net loss narrowed to $10.5 million. Management remains optimistic about future performance, anticipating favorable trade actions to support fair competition and improved pricing.
The company's adjusted EBITDA margin improved significantly, driven by higher volumes and realized prices across its product portfolio. Sales of silicon metal, silicon-based alloys, and manganese-based alloys all increased compared to the prior quarter. Specifically, silicon metal revenue grew by 24.4%, silicon-based alloys by 22.9%, and manganese-based alloys by 42.5%.
Ferroglobe's Chief Executive Officer, Dr. Marco Levi, commented, "While the second quarter was marked by significant external challenges, including aggressive silicon metal imports into Europe from China and broader geopolitical uncertainty, we remain focused on managing what we can control. We are encouraged by the early benefits that we are seeing from U.S. trade actions, and we believe upcoming decisions in both the U.S. and the EU could provide meaningful support for fair competition and improved pricing."
The company's total cash position stands at $135.5 million, with a net cash position of $10.3 million. This strong liquidity position reflects the company's disciplined capital allocation and operational efficiency. Ferroglobe's Chief Financial Officer, Beatriz García-Cos, stated, "We delivered a strong sequential rebound in adjusted EBITDA, driven by volume growth and margin expansion across our portfolio of products. Despite persistent market volatility and regulatory uncertainty, we maintained a solid cash position of $135.5 million and ended the quarter in a net cash position for the sixth consecutive quarter."
During the second quarter, Ferroglobe repurchased 600,434 shares and paid a quarterly cash dividend of $0.014 per share. The next dividend payment is scheduled for September 29, 2025.
Ferroglobe PLC is a leading global producer of silicon metal, silicon-based and manganese-based specialty alloys, serving a diverse range of end markets. The company continues to prioritize operational efficiency and working capital optimization as it navigates the complexities of the global market.
References:
[1] https://finance.yahoo.com/news/ferroglobe-reports-second-quarter-2025-210000196.html
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