Scanmetals A/S

Beskrivelse af virksomhedens væsentligste aktiviteter

Primary activities
Scanmetals recovers non-ferrous metals from mixed post-consumer waste. The recovered non ferrous metals are cleaned, separated into different fractions, and sold to primary and secondary smelters, refineries, manufacturers of ingots and foundries globally.
Scanmetals A/S is the parent company of the Scanmetals groups of companies (“Scanmetals” or the “company”) with principal operations in Denmark, Germany and the United Kingdom.

Beskrivelse af udviklingen i virksomhedens aktiviteter og økonomiske forhold

Development in activities and financial affairs
The income statement for the period 01.01.23 - 31.12.23 shows a profit/loss of DKK 6,618k against DKK 45,164k for the period 01.01.22 - 31.12.22. The balance sheet shows equity of DKK 195,933k.
Key developments during the year included:
• An extensive upgrade of the processing facilities located in Germany where approximately EUR2.4 million was invested in new equipment. This resulted in two months of production shutdown which had a negative relative impact on the year-end result. However, the processing facilities now have significant additional production capacity as well as the ability to recover and produce higher quality end product.
• Installation of additional equipment in Denmark to facilitate the processing of a wider range of mixed scrap metal to recover non-ferrous metals, principally aluminium which can be used in the manufacture of new low carbon aluminium alloys.
• Finalisation of the plant design and start-up of construction of a new processing facility in Zaragoza, Spain.

Omtale af betydningsfulde hændelser, som er indtruffet efter regnskabsårets afslutning

Subsequent events
No important events have occurred after the end of the financial year.

Beskrivelse af virksomhedens forventede udvikling

Outlook
The company expects an operating profit before depreciation (EBITDA) in the region of DKK 130 - 140 million for 2024.