Posco International (047050) Q1 2026 earnings summary

Executive summary

• Achieved highest quarterly operating profit since merger, driven by core business stability and improved cost structures.

• Continued earnings growth in both energy and material segments, with notable contributions from palm business consolidation.

Financial highlights

• Sales reached KRW 8,410B, up 3% year-over-year for 1Q26.

• Operating profit rose 32% year-over-year to KRW 358B.

• Net income increased 36% year-over-year to KRW 277B.

• EBITDA grew 23.5% year-over-year to KRW 501B.

• Net debt ratio increased to 75.1%, up 16.1 percentage points year-over-year.

Outlook and guidance

• Strengthening mid- to long-term competitiveness in energy through value chain execution and risk management amid geopolitical volatility.

• Expansion of supply chain for core materials and optimization of palm value chain expected to drive future growth.