Ferroglobe PLC
For the period ended May 14, 2024. Filed May 14, 2024.
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May 14, 2024 · Filed May 14, 2024
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Adjusted EBITDA
In the first quarter of 2024, adjusted EBITDA was $25.8 million, or 6.6% of sales, a decrease of 57.2% compared to adjusted EBITDA of $60.3 million, or 16% of sales in the fourth quarter of 2023. The decrease in the first quarter of 2024 adjusted EBITDA as a percentage of sales is primarily attributable to lower realized prices and lower indirect CO2 and energy compensation in France.
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