Second quarter 2026 – Driving cost improvements and deleveraging
Oslo, 10 July 2026 Elkem reported an EBITDA of NOK 523 million for the second quarter 2026, a decline from NOK 645 million in the corresponding quarter last year. The reduction was mainly explained by lower sales prices for silicon. Elkem’s transformation continues to build momentum. The organisational streamlining is completed and cost reductions are on track and ahead of target. Measures to strengthen the balance sheet have been successfully concluded. Elkem raised NOK 1.8 billion in new equity and refinanced its main bank facilities. Elkem’s total operating income for the second