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Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
United Company RUSAL, International Public Joint-Stock Company
United Company RUSAL, International Public Joint-Stock Company (486) investor relations material
United Company RUSAL, International Public Joint-Stock Company H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary18 Aug, 2026
Executive summary
Revenue rose 10.9% year-over-year to USD 8,338 million for the first half of 2026, driven by higher aluminium prices despite lower sales volumes.
Net profit reached USD 419 million, reversing a loss of USD 87 million in the prior year period.
Adjusted EBITDA increased 64.4% to USD 1,230 million, with margin improving to 14.8% from 9.9%.
The company focused on cost optimization, digitalization, and high-margin product development amid volatile markets and rising costs.
Financial highlights
Gross profit increased to USD 2,028 million (24.3% margin) from USD 1,410 million (18.8%).
Recurring net profit was USD 615 million, up from a loss of USD 16 million.
Total assets stood at USD 25,531 million and total equity at USD 12,154 million as of 30 June 2026.
Net debt increased to USD 8,901 million from USD 8,054 million at year-end 2025.
Basic and diluted EPS was USD 0.0276, compared to a loss per share of USD 0.0057.
Outlook and guidance
Management expects continued volatility due to geopolitical risks, sanctions, and commodity price fluctuations.
The company is prioritizing supply chain adaptation, cost control, and digital transformation to maintain resilience.
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Latest events from United Company RUSAL, International Public Joint-Stock Company
- EBITDA rose 11% as lower costs strengthened cash generation amid market risks.486
Q1 2015 - Revenue up 22.6% but net loss of USD455 million due to higher costs and finance expenses.486H2 2025
- Revenue up 32% YoY, but higher costs drove a net loss of USD87 million in H1 2025.486H1 2025
- Adjusted EBITDA and net profit soared despite flat revenue, with risks from ongoing geopolitical tensions.486H2 2024
- Net profit rose 34.5% to $565M despite a 4.2% revenue drop and ongoing market risks.486H1 2024
Next United Company RUSAL, International Public Joint-Stock Company earnings date
H2 202617 Mar, 2027
United Company RUSAL, International Public Joint-Stock Company
Next United Company RUSAL, International Public Joint-Stock Company earnings date
H2 202617 Mar, 2027
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