Adjusted EBITDA was $39 million, a $46 million decrease from the prior year, with a margin of 4.7%, impacted by lower volumes, unfavorable mix, and cost pressures.
Europe segment revenue decreased 2.7% to $268 million with adjusted EBITDA of $17 million, down $3 million year-over-year.
Free cash flow was negligible compared to $12 million in Q2 2024, driven by lower EBITDA despite positive working capital generation.
JELD-WEN reported Q2 2025 revenue of $824 million, down 16% year-over-year, primarily due to a 14% volume decline and the court-ordered divestiture of the Towanda operation.
Net debt leverage ratio increased to 5.7x due to lower sales volume and EBITDA, exceeding the targeted range.
North America segment revenue declined 22% to $556 million with adjusted EBITDA falling to $35 million from $76 million last year.
Adjusted cost applicable to sales (CAS) per ounce decreased by 5% for gold and 6% for silver compared to last quarter.
All five operations delivered strong production, cost, and financial performance, contributing to record quarterly free cash flow and net income of $127 million or $0.20 per share.
Coeur Mining reported strong Q2 2025 results with free cash flow of $146 million and adjusted EBITDA of $244 million.
Gold and silver production increased significantly, with gold up 25% and silver up 27% compared to the previous quarter.
The company fully repaid the $110 million balance on its revolving credit facility one quarter ahead of schedule, reducing total debt below $400 million.
Dafinchi