AMAG Austria Metall AG
About
AMAG Austria Metall AG is a holding company, which engages in the manufacture, processing, and distribution of primary aluminium and semi-finished aluminium products such as rolled and cast aluminium products. The firm serves aluminium products for the aircraft, automotive, sports goods and equipment, lighting, mechanical engineering, construction, and packaging industry. It operates through the following divisions: Metal, Casting, Rolling, and Service.
The Metal division produces and markets aluminum products; and manages metal production streams. The Casting division manufactures cast aluminum alloys from aluminum scrap. The Rolling division deals with the production of rolled aluminum products including sheets, strips, and plates. The Service division provides centralized services to operating divisions. The company was founded in 1939 and is headquartered in Ranshofen, Austria.
Growth
AMAG Austria Metall AG is an established enterprise in the metallurgy industry, showcasing consistent revenue and earnings figures. The company's operational divisions demonstrate high flexibility in challenging market environments, ensuring solid financial performance. With a broad set-up and stable cash flow, AMAG maintains a strong position in the industry, emphasizing sustainability and competitive positioning in the European market.
Achievements
Key milestones for AMAG Austria Metall AG include maintaining revenues at EUR 1,078.7 million in the first three quarters of 2024, achieving an EBITDA of EUR 147.6 million, and a net income after taxes of EUR 54.3 million. Additionally, signing the Antwerp Declaration to support sustainable industry practices and offering certified low carbon primary aluminum through AL4® ever have marked significant achievements for the company. Despite market weaknesses, AMAG continues to demonstrate resilience and growth.
Case Studies
AMAG Austria Metall AG has been actively involved in promoting sustainable practices and offering environmentally friendly products like AL4® ever. The company's efforts to reduce CO2 emissions and operate a smelter using renewable electricity from hydropower showcase its commitment to environmental stewardship. These initiatives serve as notable case studies in the industry, highlighting AMAG's dedication to sustainability, innovation, and responsible business practices.
Key Events
Key events for AMAG Austria Metall AG include signing the Antwerp Declaration in support of sustainable industry practices, offering certified low carbon primary aluminum with AMAG AL4® ever, and achieving solid financial results despite market challenges. The company's participation in industry initiatives, commitment to sustainability, and strategic positioning in the European market through innovative products and operational excellence underscore its significant events in recent history.
Socials
Website
Founded
-
Operating Status
Active
Industry
Basic Materials/Resources
headquarters
Address
Lamprechtshausener Strasse 61 Ranshofen Oberoesterreich (Upper Austria) 5282 Austria...
Country
Austria
Employees
-
Key People
Martin Aigner (Member-Supervisory Board)
Helmut Kaufmann (Chairman-Management Board & COO)
Claudia Trampitsch (Chief Financial Officer)
Christoph M. Gabriel (Head-Investor Relations & Issuer Compliance)
Products
liquid aluminum
ingots
sows
Revenue
1.46 B
Operating Income
Stock Price
€24.70
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AMAG Austria Metall AG
-
Website
-
Founded
-
-
Industry
Basic Materials/Resources
-
Address
Lamprechtshausener Strasse 61 Ranshofen Oberoesterreich (Upper Austria) 5282 Austria...
-
Country
Austria
-
Number of employees
-+
-
Revenue
1.46 B
About AMAG Austria Metall AG
AMAG Austria Metall AG is a holding company, which engages in the manufacture, processing, and distribution of primary aluminium and semi-finished aluminium products such as rolled and cast aluminium products. The firm serves aluminium products for the aircraft, automotive, sports goods and equipment, lighting, mechanical engineering, construction, and packaging industry. It operates through the following divisions: Metal, Casting, Rolling, and Service.
The Metal division produces and markets aluminum products; and manages metal production streams. The Casting division manufactures cast aluminum alloys from aluminum scrap. The Rolling division deals with the production of rolled aluminum products including sheets, strips, and plates. The Service division provides centralized services to operating divisions. The company was founded in 1939 and is headquartered in Ranshofen, Austria.
Why Setting Up a Virtual Delivery Center (VDC) Is Critical for Your Company’s Success
Achieving business success in today’s competitive landscape requires specialized expertise, seamless operations, and continuous innovation. Establishing a Virtual Delivery Center (VDC) can transform your company’s growth journey by ensuring efficiency, scalability, and long-term value.
Why Choose a VDC for Your Company?
1. Cost Optimization:
Save up to 70% on operational costs by leveraging remote teams and streamlined processes.
2. Expert Access:
Gain instant access to highly skilled professionals, ensuring faster and smoother project execution.
3. Scalable Teams:
Scale your team as business needs evolve, from initial project setup to long-term support.
4. Accelerated Timelines:
Leverage 24/7 global teams to reduce project delays and speed up implementation.
5. Continuous Support:
Ensure uninterrupted business performance with ongoing maintenance and updates.
Unlock Business Success with a VDC By establishing a VDC, your company can overcome operational challenges, achieve seamless system integration, and maximize ROI. Stay ahead in today’s dynamic market with a future-ready business strategy powered by a Virtual Delivery Center. Learn More About Us
Book A Meeting To Setup Your VDC
