Aperam Reports Q3 2025 Financial Results Amidst Challenging Conditions

Aperam S.A. announced its financial results for the third quarter of 2025, highlighting both achievements and challenges. The company reported a net loss of EUR 21 million in Q3 2025, compared to a profit of EUR 19 million in Q2 2025. This downturn is attributed to a 4.1% decline in shipments and a significant decrease in sales, down to EUR 1,410 million from EUR 1,654 million in the previous quarter.

Despite this, Aperam generated a strong free cash flow of EUR 138 million and reduced its net financial debt from EUR 1,143 million to EUR 1,045 million by the end of September. These improvements were supported by the continued success of the company's Leadership Journey® Phase 5, achieving EUR 29 million in gains this quarter.

However, Aperam faced intensified price pressures and a slowdown in the European market, impacting overall performance. Looking ahead, the company anticipates a slightly lower adjusted EBITDA in Q4 2025 compared to Q3 2025.