Alcomet AD

Alcomet AD

BBSEBG:ALCM
2.80
EUR
-0.02
(-0.71%)
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Huseyin Yorucu
Full Time Employees
1,345
Sector
Non-energy minerals
Industry
Aluminum
Address
Shumen Bulgaria
IPO Date
Feb 6, 1998
Website
alcomet.eu
Business
Alcomet AD is a Bulgaria-based industrial manufacturer engaged in the production, processing, and distribution of rolled and extruded aluminium products. Founded in 1971 and headquartered in Shumen, Bulgaria, the company operates as a fully integrated aluminium processor supplying standard and custom-engineered aluminium solutions to industrial clients globally. The company operates through two primary manufacturing divisions: Rolled Aluminium Products and Extruded Aluminium Products. Its rolled product portfolio includes plain, slitted, and embossed aluminium sheets, plates, and coils; finstock material for heat exchangers and air conditioning systems; and lightweight aluminium foil solutions comprising household foil, food and pharmaceutical container foil, converter foil, cable shielding foil, and industrial packaging foil. Its extruded product portfolio comprises standard and bespoke aluminium profiles for architectural, structural, and industrial applications; facade, window, and door profile systems; and mounting profiles for solar photovoltaic installations. In addition, Alcomet AD provides comprehensive downstream fabrication and surface finishing services, including CNC machining and milling; precision cutting, bending, and punching; electrostatic powder coating; chemical and mechanical polishing; and architectural anodizing. The company serves a broad range of international industries, including automotive and transportation, building and construction, packaging, machine manufacturing, consumer durables, electronics, and renewable energy. Alcomet AD exports the majority of its production to international markets across the European Union, including Germany, Italy, Poland, Austria, and France, as well as selected markets in North America and the Middle East. In recent developments, Alcomet AD has implemented multi-million euro capital expenditure programmes to expand production capacity, modernize processing equipment, and transition toward higher-value automotive and sustainable applications. The company expanded its specialized automotive profile machining and manufacturing capabilities to supply lightweight structural components, battery housing profiles, and crash-management parts for electric vehicles and automotive tier-one suppliers. Additionally, the company advanced its sustainability initiatives by commissioning on-site rooftop solar photovoltaic installations across its Shumen facility and integrating energy-efficient recycling and melting furnaces to increase scrap metal recycling rates and reduce overall carbon emissions.