Shares of Ferroglobe PLC (GSM) are soaring 5.20% in pre-market trading on Wednesday, following the release of the company's second quarter 2025 financial results. The silicon and specialty metals producer reported a substantial improvement in its quarterly performance, with revenues surging to $387 million from $307 million in the previous quarter.
The company's strong performance can be attributed to a significant increase in Q2 contract volumes, which was driven by the restart of operations in France and proactive sales efforts. Despite a slight decrease in adjusted EBITDA from $22 million to $5 million, investors appear to be focusing on the revenue growth and the company's future prospects.
Looking ahead, Ferroglobe remains optimistic about its market position. The company anticipates that EU safeguards and U.S. silicon metal trade cases will contribute to improved results by 2026. While the current market presents challenges, evidenced by a swing in free cash flow from $48 million to negative $5 million, Ferroglobe maintains a strong financial position with available liquidity. This resilience, coupled with the expected market rebound in 2026, seems to be fueling investor confidence and driving the stock's upward movement.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.