Egypt Aluminium [EGAL]: FY2025/26 Results
Egypt Aluminium [EGAL] reported FY2025/26 revenues of EGP 53bn, up 23% YoY from EGP 43bn in FY2024/25. The growth was driven by higher sales across both export and domestic markets.
Export Sales
Export sales accounted for 61% of total sales in FY2025/26 and increased by 14% YoY to EGP 32.7bn from EGP 28.7bn. The growth was mainly supported by higher global aluminium prices, with the company’s average export selling price increasing to USD 3,350/ton, compared with USD 2,944/ton in the previous year.
Domestic Sales
Domestic sales represented 39% of total sales and grew 41% YoY to EGP 20.5bn from EGP 14.4bn. The increase was driven by higher sales volumes, which rose to 123k tons from 97k tons, in addition to higher domestic selling prices.
The strong revenue growth translated into a 52% YoY increase in net profit, which reached EGP 15bn, compared with EGP 10bn in FY2024/25.
The company’s results highlight its ability to benefit from higher global aluminium prices, whether driven by tighter global supply or by stronger copper prices, which could encourage some end-users to shift toward aluminium as a substitute for copper. To further capitalize on these favorable market dynamics, EGAL is pursuing capacity expansion plans to increase its production volumes.
The company also announced a cash dividend of EGP 8.0 per share for FY2025/26, implying a dividend yield of around 2%.
Walaa Mosalam
WMosalam@egy.primegroup.org