SLR Group GmbH Revises Forecast for Financial Year 24/25 Due to Lower Sales

SLR Group GmbH has announced preliminary figures for the first half of the 24/25 financial year, citing lower than expected sales of ductile cast iron components. The company reported a sold tonnage of approximately 42 kilotons and an adjusted EBITDA of EUR 8.5 million. In light of these figures and delayed effects from the “Adapt and Grow” program, SLR Group has adjusted its forecast for the financial year 24/25.

The revised forecast now anticipates total production and sold tonnage of 95 kilotons and an adjusted EBITDA of EUR 17 million. Previously, expectations were set higher, with tonnage at 100 kilotons and an adjusted EBITDA of EUR 20 million. The company notes that key segments like agriculture and construction may stabilize later in the year.