Ferroglobe Reports Third Quarter 2026 Financial Results and Announces Actions to Improve Profitability

Ferroglobe reported Q3 2026 sales of $369.8 million, up 18.6% year-over-year, but adjusted EBITDA turned negative at $(2.4) million due to substantially higher energy prices impacting results by nearly $19 million. The company announced decisive restructuring actions including closing five plants and reducing overhead by 20% to target $85-115 million in adjusted EBITDA improvement at full run rate. Despite profitability challenges, the company generated positive free cash flow of $5.6 million and maintained its quarterly dividend of $0.015 per share.