Overview
- Celsa posted a €18 million net profit in the first quarter of 2026, reversing a €13 million loss a year earlier.
- A December refinancing that combined a €1.2 billion green bond with €800 million from shareholders cut net debt about 70% to €1.145 billion and reduced annual interest costs by roughly €80 million.
- An efficiency program delivered €115 million in savings by the end of 2025 after €109 million of targeted investment.
- Control shifted to creditor funds after a court ordered the Rubiralta family’s exit, and the company has ended its search for a Spanish industrial partner.
- Civil and criminal cases against the former owners remain active, while executives reported tiny Middle East exposure and little impact so far from higher energy prices.