NewsDownstreamHigher aluminium prices helps boost Vimetco profits
26 AUGUST 2011stockmarketwire

Higher aluminium prices helps boost Vimetco profits

Edited by : AL CIRCLE
1 min read
Higher aluminium prices helps boost Vimetco profits
Vimetco, the producer of primary and processed aluminium products, has announced interim financial results for the six months ended 30 June 2011 showing sales for the period were USD 1,382 million (H1 2010: USD 1,100 million), up 25%.

The increase was mainly determined by higher aluminium prices, improved demand and the increase in output for high added value products.

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