Rusal swings to 1H FY26 net profit of USD 419 million; revenue rises 10.9% to USD 8.34 billion
XLB•Production and sales update
Primary aluminium output rose 4.5% to 2,010,000 tonnes, while sales of primary aluminium and alloys fell to 2,057,000 tonnes.
Management comments and projects
Chairman Bernard Zonneveld flagged volatile aluminium pricing and high premiums.
CEO Evgenii Nikitin highlighted inert anode tests and AI projects worth RUB 2.4 billion.
First-half results turn profitable
OK Rusal MKPAO posted net profit of USD 419 million in 1H 2026, returning to profit from a loss in 1H 2025.
Revenue rose 10.9% to USD 8.34 billion, while profit before tax climbed to USD 500 million.
Adjusted EBITDA increased 64.4% to USD 1.23 billion, and the adjusted EBITDA margin widened 4.9 percentage points to 14.8%.
