GSM

Ferroglobe PLC ( GSM ) Q3 2026 Earnings Call November 4, 2026 8:30 AM EST Company Participants Alex Rotonen - Vice President of Investor Relations Marco Levi - CEO & Executive Director Beatriz García-Cos Muntañola - CFO & Principal Accounting Officer Conference Call Participants Henry Hearle - B. Riley Securities, Inc., Research Division Presentation Operator Good morning, ladies and gentlemen, and welcome to Ferroglobe's Third Quarter 2026 Earnings Call.

Ferroglobe NASDAQ: GSM reported third-quarter results marked by weaker volumes, elevated energy costs and continued pressure from import pricing, while outlining a cost-reduction plan expected to raise annual EBITDA by about $100 million once fully implemented.

Third Quarter Highlights  Total sales were $369.8 million, up 18.6% year over year and down 2.3% sequentially Adjusted EBITDA was negative $2.4 million due to substantially higher energy prices, impacting adjusted EBITDA by nearly $19 million Generated positive operating cash flow of $25.9 million and free cash flow of $5.6 million, supported by a $34.8 million sequential reduction in working capital Taking decisive actions to improve profitability by increasing capacity utilization and reducing overhead costs, targeting an adjusted EBITDA improvement of $100 million +/- 15% at full run rate Continued progress on new strategic critical materials initiatives, with initial customer shipments during the third quarter Paid quarterly dividend of $0.015 per share on September 29; Next dividend of $0.015 payable on December 30   LONDON, Nov. 03, 2026 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) (“Ferroglobe”, the “Company”, or the “Parent”), a leading global producer of silicon metal, silicon-based and manganese-based specialty alloys, today announced financial results for the third quarter of 2026. Financial Highlights             %       %               % ($ in millions, except EPS)   Q3 2026   Q2 2026   Q/Q   Q3 2025   Y/Y   YTD 2026   YTD 2025   Y/Y                                                   Sales   $ 369.8     $ 378.6     (2.3 )%   $ 311.7       18.6 %   $ 1,096.1   $ 1,005.7       9.0 % Net profit (loss) attributable to the parent   $ 57.9     $ 60.4     (4.1 )%   $ (12.8 )     552.1 %   $ 111.3   $ (89.7 )     224.0 % Adj.

LONDON, Oct. 20, 2026 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) announced today that it will issue third quarter 2026 financial results after the market closes on Tuesday, November 3, 2026, and will host the quarterly earnings call on Wednesday, November 4, 2026, at 8:30 a.m. Eastern Time.

Ferroglobe PLC is rated a 'Buy' with a $5/share price target, reflecting its strategic Western silicon position and robust balance sheet. GSM benefits from geopolitical shifts, increased Western demand for strategic materials, and protective trade measures, positioning it for structural upside. Despite high cyclicality and electricity costs, GSM's low net debt and disciplined capital allocation provide resilience through commodity downcycles.

LONDON, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) today confirmed that the European Commission has formally initiated an interim review of antidumping duties currently in force on silicon metal imports from China, covering both dumping and injury, following a request filed by Euroalliages on behalf of the EU silicon metal industry, on July 8, 2026.

Ferroglobe NASDAQ: GSM is pursuing expansion into critical materials, cost reductions and potential production growth in Venezuela as it navigates weak market conditions in Europe and competitive pressure from imports, Vice President of Investor Relations Alex Rotonen said during a company presentation.

Ferroglobe PLC (GSM) Q2 2026 Earnings Call Transcript

Ferroglobe NASDAQ: GSM reported higher shipments, revenue, adjusted EBITDA and free cash flow in the second quarter of 2026, as increased silicon metal volumes and stronger fixed-cost absorption helped offset continued pricing pressure from imports.

Second Quarter Highlights Strong sequential shipment growth, driven by increased silicon metal volumes in EMEA and the U.S. Reporting second quarter adjusted EBITDA of $13.1 million Ended the quarter with total cash of $93.2 million and net debt of $37.7 million Advancing strategic critical materials initiatives, leveraging existing assets to support growing demand for secure Western supply chains Paid quarterly dividend of $0.015 per share on June 30; Next dividend of $0.015 payable on September 29 LONDON, Aug. 04, 2026 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) (“Ferroglobe”, the “Company”, or the “Parent”), a leading global producer of silicon metal, silicon-based and manganese-based specialty alloys, today announced financial results for the second quarter of 2026. Financial Highlights                %       %               % ($ in millions, except EPS) Q2 2026   Q1 2026   Q/Q   Q2 2025   Y/Y   YTD 2026   YTD 2025   Y/Y                                                   Sales $ 378.6     $ 347.7       8.9 %   $ 386.9       (2.1 )%   $ 726.4     $ 694.0       4.7 % Net profit (loss) attributable to the parent $ 60.4     $ (7.1 )     956.0 %   $ (10.5 )     677.7 %   $ 53.3     $ (76.9 )     169.3 % Adj.