Operator
Good morning, and welcome to the Atalaya Mining 2025 Annual Results Investor Presentation. [Operator Instructions]
Before we begin, I would like to submit the following poll. I would now like to hand you over to CEO, Alberto Lavandeira. Good morning to you.
Alberto Lavandeira Adan
CEO, MD & Director
Many thanks. Good morning. Hello, everyone. We are here to look at the annual results presentation and our results for 2025. It was a very good year overall, and our financial results were quite good. We produced around 51,000 tonnes. By the way, I’m here with Cesar Sanchez, the CFO of the company. Going through the presentation to direct you to the slides, we produced 51,000 tonnes of copper, which was just around the high end of our improved guidance. Our cash cost, the full year cash costs were $2.40 per pound, all-in sustaining cost $2.90, all of them within the revised guidance — improved guidance. These good results, obviously, with the copper price translated to a very strong financial results with EBITDA of EUR 180 million and free cash flow of over EUR 100 million.
As a result of that, we ended up the year with over EUR 122 million net cash position in our balance sheet. And this thing does not include our placement in January — late January 2026. As a result of these good results, the Board has approved yesterday a final dividend of EUR 0.065 per share, which I will discuss a little bit later during the presentation. And looking at a little bit at the corporate level, without going into all the details that are shown in this slide, we had some
