12 JANUARY 2015Alba Press Release
Alba sets all time record on Sales & Production
Edited by : AL CIRCLE
2 min read
Aluminium Bahrain B.S.C (Alba) sales figures for the year rose by 1.3% year-on-year (YoY) to reach 931,526 metric tonnes (mt) versus 919,722 mt in 2013 ahead of the company’s own forecast for the year while production figures were up by 2.1% YoY to reach 931,427 mt versus 912,700 mt in 2013.
For the fourth quarter of 2014, sales figures grew to 242,322 mt - a 2% YoY versus 237,534 mt in Q4 2013; production figures topped 233,920 mt, an increase of 4,004 mt as compared to the same period of 2013.
In addition, Alba was able to sustain Value-Added (VA) sales for 2014 with an average of 66% of total shipments.
Commenting on Alba’s sales and production for 2014, Alba’s Chief Executive, Tim Murray said:
“We continue to build momentum and we were able to exceed our own forecasts thanks to the hard work of Alba’s dedicated workforce. We firmly believe that the improvement in Safety had a direct correlation on Alba’s setting the record on production in 2014. In 2015 we expect to further push the limits on operational performance and look positively to future growth.”
Aluminium Bahrain B.S.C (Alba) will release its full- year and fourth quarter 2014 financial results to the public on Monday, February 9, 2015 as well as upload the IR presentation on its Investor Relations section at Alba website.
For the fourth quarter of 2014, sales figures grew to 242,322 mt - a 2% YoY versus 237,534 mt in Q4 2013; production figures topped 233,920 mt, an increase of 4,004 mt as compared to the same period of 2013.
In addition, Alba was able to sustain Value-Added (VA) sales for 2014 with an average of 66% of total shipments.
Commenting on Alba’s sales and production for 2014, Alba’s Chief Executive, Tim Murray said:
“We continue to build momentum and we were able to exceed our own forecasts thanks to the hard work of Alba’s dedicated workforce. We firmly believe that the improvement in Safety had a direct correlation on Alba’s setting the record on production in 2014. In 2015 we expect to further push the limits on operational performance and look positively to future growth.”
Aluminium Bahrain B.S.C (Alba) will release its full- year and fourth quarter 2014 financial results to the public on Monday, February 9, 2015 as well as upload the IR presentation on its Investor Relations section at Alba website.
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