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| Grupa Kety |
Gradual Recovery Expected in Aluminum Sales
Polish aluminum extruder Grupa Kety is setting its sights on a modest recovery in sales volumes in 2025, following a decline in the latter part of 2024 and a slight shortfall from its production targets. Despite ongoing challenges in key sectors such as automotive, industrial, and energy—including renewables—Kety projects a muted demand throughout the first half of 2025, with expectations rooted in the current market dynamics in Europe.
Outlook for Second Half of 2025
The company is more optimistic about the latter half of the year, forecasting a revival in demand driven by the European construction sector. This anticipated upswing could help Kety inch closer to its full production capacity. For the fourth quarter of 2024, Kety expects its extruded volume sales to decrease by at least 5% year-over-year, totaling around 18,000 tonnes—a stark reversal from earlier gains made by prioritizing capacity utilization over margins.
Strategic and Leadership Changes
Amidst these forecasts, Grupa Kety has also announced a delay in its strategic updates, which are now rescheduled for spring next year. Additionally, long-serving president and CEO Dariusz Manko is set to step down in May, transitioning to a board advisor role. This leadership change marks a significant shift for Kety as it navigates through these challenging times.
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