Elkem ASA reports Q3 results

* Elkem ASA press release [https://seekingalpha.com/pr/20276628-elkem-third-quarter-2025-results-supported-by-strong-operational-performance-and-cost] (OTCPK:ELKEF [https://seekingalpha.com/symbol/ELKEF]): Q3 EBITDA of NOK 829 million compared to NOK 1241 million in the corresponding quarter last year.
* Elkem's total operating income for the third quarter 2025 was NOK 7523 million, which was 7 percent lower than the third quarter 2024.
* Earnings before interest, taxes, depreciation and amortisation (EBITDA) was NOK 829 million, down 33 per cent from the corresponding quarter last year.
* Earnings per share was NOK 0.05 in the quarter and NOK -0.77 year to date. EPS was negatively impacted by the results in Silicones.
* This division has been classified as discontinued operations and assets held for sale due to the strategic review initiated to streamline Elkem's business portfolio.
* The Silicon Products division was impacted by low silicon and ferrosilicon prices in the third quarter, while the speciality segments delivered improved results.
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Elkem has initiated a strategic review to sell the Silicones division to streamline the company and redirect capital towards accelerating growth in the Silicon Products and Carbon Solutions divisions. An exclusive sales process is currently underway with a major industrial player that has a significant presence in the global chemicals industry.

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The Elkem group's equity as at 30 September 2025 amounted to NOK 23 968 million, which gave a ratio of equity to total assets of 50 per cent.

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Net interest-bearing debt was NOK 11 666 million, which gave a ratio of net interest-bearing debt to EBITDA of 3.1x.

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Elkem had cash and cash equivalents of NOK 3 968 million as at 30 September 2025, and undrawn credit lines of around NOK 6 000 million.

MORE ON ELKEM ASA

* Elkem ASA (ELKEF) Q3 2025 Earnings Call Transcript [https://seekingalpha.com/article/4832363-elkem-asa-elkef-q3-2025-earnings-call-transcript]
* Historical earnings data for Elkem ASA [https://seekingalpha.com/symbol/ELKEF/earnings]
* Dividend scorecard for Elkem ASA [https://seekingalpha.com/symbol/ELKEF/dividends/scorecard]
* Financial information for Elkem ASA [https://seekingalpha.com/symbol/ELKEF/income-statement]