Metallus ( (MTUS) ) just unveiled an update.
On February 27, 2025, Metallus announced its financial results for the fourth quarter and full year of 2024. The company reported fourth-quarter net sales of $240.5 million, a net loss of $21.4 million, and an adjusted EBITDA of $8.3 million. For the full year, net sales were $1.1 billion with a net income of $1.3 million and an adjusted EBITDA of $77.7 million. Despite weak demand and lower shipments in 2024, Metallus invested in assets to improve safety and efficiency, while maintaining training for employees. The company also focused on maintaining partnerships with customers and suppliers. Looking forward, Metallus expects improved profitability in 2025 due to stronger customer order patterns and previous investments. The company plans significant capital expenditures in 2025, supported by government funding, and continues its share repurchase program.
More about Metallus
Metallus, based in Canton, Ohio, is a leader in high-quality specialty metals, manufactured components, and supply chain solutions.
YTD Price Performance: 16.36%
Average Trading Volume: 439,069
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $676.9M
Learn more about MTUS stock on TipRanks’ Stock Analysis page.