Castellbisbal Steel Company Closes Q1 2026 with 18 Million in Profits

The company has overcome its economic crisis and reduced its net debt by almost half compared to the previous year.

Generic image of metal bars in a steel plant.
IA

Generic image of metal bars in a steel plant.

The steel company based in Castellbisbal has closed the first quarter of 2026 with 18 million euros in profits, leaving its economic crisis behind and significantly reducing its net debt.

The company, which held a press conference last Wednesday, April 29, detailed its latest results, asserting that it is now operating with full normality. This improvement is part of the completion of a transformation process initiated in September 2023.

"We are satisfied to say that we are now out of the hospital, completely out. The company is developing a completely normal pace and life."

a company spokesperson
Executives emphasized that the current figures are

"consolidated. They are not a flash in the pan, not at all."

a company spokesperson
During the first quarter of 2026, the company recorded an EBITDA of 135 million euros, 15% higher than the 117 million of the previous year. The sales margin stood at 16%. These results contrast with the losses of 143 million euros in 2025, which already represented a 49% reduction compared to the 281 million in 2024.
Furthermore, the company invested 183 million euros last year, 60% more than in previous years. This investment was fully financed with own funds, partly thanks to several capital increases, and is being actively applied in all plants, especially in Spain.