ElvalHalcor, an industrial producer in the aluminium and copper sector, with a well-established presence both in Greece and abroad. For more than 40 years we have been growing at a steady and responsible pace. By not only investing in research and technology, but our people too, we are able to supply major international industries with products that exist all around us. We are forging ahead on a path of sustainability, actively contributing to the industry's present and future.
In a recent interview, General Manager Antonis Kritikos shared valuable insights into SOFIA MED 's significant role in the non-ferrous metals industry. He discussed SOFIA MED's next steps in production and sustainability initiatives that support the growing demands of the market.
Discover more about our journey and read the full interview here: https://lnkd.in/dTU2rTFeSeeNext#MoreThanCopper
📆 Just one day before the opening of the #ALUMINIUM exhibition in #Düsseldorf! Don’t miss the chance to meet #ElvalTeam experts - Commercial, R&D&I, Production Process, Recycling and Purchasing - under one roof, 📍 our Booth #3D68 in Hall 3!
Be our guest!
#Elval#Aluminium2024#WorldTradeFair
ElvalHalcor’s overall economic and social impact in Greece was highlighted once again in an updated study by the Foundation for Economic & Industrial Research (#IOBE).
From the impressive €2.34 billion (2023) #aluminium and #copper exports to 90 countries worldwide, representing 7.4% of all industrial Greek product exports, to our €1.25 billion contribution (0.6%) to Greece's GDP, #ElvalHalcor remains an undisputable pillar of the Greek economy. This is further evident from our steady and strong commitment to employment, as last year we directly and indirectly supported 19,200 jobs. Each #job at ElvalHalcor creates or supports an additional 6 jobs in the broader economy.
At ElvalHalcor, we are committed to going #BeyondMetals#ShapingTomorrow, creating long-term value for the Greek economy, striving to drive #innovation, #growth, and #sustainability in every aspect of our operations.
➡️ Read here the latest study by IOBE https://lnkd.in/dfnDuxh5#EconomicImpact#SocialImpact
News update! We are pleased to share insights from our Supply Chain Director, Mrs. Anastasia Toupali, as featured in Supply Chain Digital.
This report highlights how HALCOR copper and alloys extrusion division of ElvalHalcor is effectively navigating global supply chain disruptions through innovative strategies.
At #Halcor, we are committed to implementing modern practices that include advanced technology and automation systems, alongside a strong focus on sustainable development. By diversifying our supplier base and prioritizing our #HalcorTeam, we are proactively addressing the challenges within the industry.
Read the full report here: https://lnkd.in/dhHySg7F#SupplyChain#EvolvingBeyondCopperAI MagazineSustainability MagazineTechnology MagazinePwC
We are excited to announce Elval’s participation in the ALUMINIUM - World Trade Fair and Conference 2024 exhibition! We look forward to welcoming you at our stand in hall 3, #D68 showcasing and discussing our product solutions, latest developments and market trends, together with Bridgnorth Aluminium Ltd, Etem Gestamp and SYMETAL. The world's leading trade fair will take place in Exhibition Centre Düsseldorf, Germany from Tue., 08.10.2024 to Thur., 10.10.2024, and is expected to have 1,000 exhibitors and 27,000 visitors from 100 countries. The Fair unites producers, processors, end-consumers and technology suppliers covering a wide range of topics: from semi-finished products focusing on rolling and extrusion, to metalworking, welding, joining, and automation. Special attention is given to sustainability, circular economy, innovation and technologies, highlighting aluminium as THE game changer of climate change, resource protection and industry transformation.
Don’t miss it!
📅 October 08 - 10, 2024
📍Exhibition Centre Düsseldorf, Hall 3, Booth D68
#Elval#ALUMINIUM2024#aluminium#aluminum#WorldTradeFair
ElvalHalcor released its Η1’ 24 financial results, demonstrating operational profitability (a-EBITDA) of EUR 113.8 million. Despite the challenges of the economic environment and subdued demand across most markets, #ElvalHalcor continued its upward trend in the first half of 2024.
Nikolas Carabateas, General Manager of ElvalHalcor’s #Aluminium Segment, stated: ❝For the first half of 2024, the Aluminium Segment of ElvalHalcor continued to increase its sales volume, leveraging the additional capacity resulting from our latest investment program. Meanwhile, we achieved a further reduction of working capital, which, combined with the limited investments, led to a significant reduction of the Net Debt of the Aluminium Segment. The second quarter of 2024 saw a reversal of the negative trends that prevailed in the first quarter in certain sectors, such as the aluminium foil sector, although prices remained flat.❞
Panos Lolos, General Manager of ElvalHalcor’s #Copper Segment, stated: ❝The Copper Segment of ElvalHalcor continued its steady course for the first semester by maintaining its operating profitability compared to the respective period of 2023, despite challenges from reduced demand, mainly in the construction sector. The retention of market shares contributed significantly, with some products recording an increase, while the successful optimisation of production costs was also decisive. The performance of our subsidiary SOFIA MED remained remarkable for another quarter, by taking full advantage of its comparative advantages in a competitive market with generally reduced demand, improving its services, developing innovative high-added value products and industrial applications while continuing the implementation of its investment plan.❞
Watch the video below for a summary of the key presentation highlights.
Read ElvalHalcor’s press release for Financial Results H1’24
https://lnkd.in/duPCqZXG
To gain deeper insights into our performance, visit ElvalHalcor's Investor Relations page
https://lnkd.in/d7SvnXW#ElvalHalcor#FinancialResults#Η1’24results #Elval#Halcor
On Wednesday September 11th, we will announce ElvalHalcor’s H1’24 Financial Results. The following day, Thursday September 12th, Angelos Giazitzoglou Deputy CFO will present the Group’s financial performance for the first semester of the year to analysts, followed by a Q&A session on the results discussed at the trading update.
Time:
🕒 15:00 (GR)
🕒 14:00 (CEST)
🕒 13:00 (UK)
🕒 08:00 (NY)
➤ Join the conference call by clicking the link:
https://lnkd.in/d2r3CJ7s#ElvalHalcor#FinancialResults