Norsk Hydro shares gain 14% M-o-M: Aluminium demand, Q2 results draw investor focus
Leading recycled aluminium producer Norsk Hydro stock is attracting investor attention as its second-quarter (Q2) performance, aluminium prices and market outlook shape sentiment around the company. Hydro reported strong Q2 2026 profitability , backed by higher aluminium prices, product premiums...
Chuangxin Industries H1’26: Profit jumps 166%, driven by aluminium prices, green power
Chuangxin Industries Holdings Limited recorded a robust financial performance in the first half (H1) of 2026, with revenue rising 32.4 per cent year-on-year to RMB 11.53 billion (USD 1.71 billion) and net profit jumping 166.1 per cent to RMB 2.32 billion (USD 344.19 million). The Chinese aluminium...
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NAPCO generates revenue of OMR 18.5 million in 2015
National Aluminium Products Company SAOG ( NAPCO ), one of the leading extruders of aluminium profiles in the GCC, has announced a robust performance for the third quarter of 2015, achieving a remarkable growth in volume in the domestic market as well as in exports. It has reported revenues of OMR...
Rexam issues Q3 2015 trading update
Rexam, a leading global beverage can maker, issued the following trading update for the period from 1 July 2015. Results for the Group are in line with the plans. Overall global beverage can volumes were up 3% (1% excluding the acquisition of UAC) in the third quarter. Volume growth in Europe...
Orbite announces Q3 2015 results and provides update on HPA construction
Orbite Technologies Inc. announced the filing of its Consolidated Interim Financial Statements for the third quarter ended September 30, 2015. The company reported a loss before net finance income and taxes of $2.5 million as compared to $2.4 million for the same period in 2014. Due to a decrease...
NALCO Q2 net profit declines 34% to INR 226.14 crore
The state-run aluminium maker NALCO today reported a 33.78 per cent decline in its net profit to INR 226.14 crore for the quarter ended September 30. The National Aluminium Company (NALCO), a Navratana CPSE under the administrative control of Ministry of Mines, had clocked a net profit of INR...
RUSAL announces results for the three and nine months ending 30 September 2015
UC RUSAL, a leading global aluminium producer, announces its results for the three and nine months ended 30 September 2015. Key highlights • In the third quarter of 2015 London Metal Exchange (“LME”) aluminium price continued its sharp decline and reached an average of USD1,589 per tonne, recorded...
Noranda Q3 2015 results reflect a challenging aluminium price environment
Noranda aluminium Holding Corporation reported results for third quarter 2015. Sales were $309.5 million in third quarter 2015, $332.7 million in second quarter 2015 and $361.4 million in third quarter 2014. Sequentially, sales decreased $23.2 million, or 7.0%, primarily due to the lower average...
Alba reports 3Q 2015 results; value-added sales remains a priority
Aluminium Bahrain B.S.C. (Alba) announced the release of its third quarter of 2015 results on Wednesday, November 11, 2015. Alba’s total sales for the third quarter of 2015 were BD 184.4 million (US$ 490 million) versus BD 223.2 million (US$ 593 million) for the same period in 2014, a drop of 17%...
Novelis' topline declines amid "less favourable" aluminium recycling benefits
Novelis, the world leader in aluminum recycling, reported a net loss of $13 million for second quarter of fiscal year 2016, while its adjusted EBITDA, excluding the impact of metal price lag in both periods was $236, up seven percent compared to $221 million in the prior year. The increase was...
Novelis reports a net loss while maintaining solid liquidity in Q2 2016
Novelis, the world leader in aluminum rolling and recycling, reported a net loss of $13 million for second quarter of fiscal year 2016. Excluding tax-effected special items, the company reported net income of $25 million in the second quarter of fiscal 2016 compared to $36 million in the second...
Alcoa updates on Value-Add business progress
Lightweight metals leader Alcoa reported progress on the company’s performance against three-year financial targets and its continuing transformation as it prepares to separate into two industry-leading, publicly-traded companies. As the company prepares for the separation, both the Value-Add...
Constellium reports Q3 2015 financial results
Constellium N.V.reported results for the third quarter ended September 30, 2015. Highlights below are in comparison to the third quarter of 2014 and include the acquisition of Wise Metals. • Shipments of 374 thousand metric tons, up 41% • Revenue of €1.259 billion, up 36% • Adjusted EBITDA of €79...
Orbite closes C$22M non-dilutive debt facility
Orbite Technologies Inc. announced that it has completed a secured debt financing totalling up to C$22 million (or US$16.95 million) in the aggregate. The Facility is comprised of a US$6.5 million revolving credit facility, term loan A (US$0.45 million) and term loan B (US$10.0 million) - all with...
Alcoa reports progress towards aluminium business targets at 2015 Investor Day
Lightweight metals leader Alcoa reported progress on the company’s performance against three-year financial targets and its continuing transformation as it prepares to separate into two industry-leading, publicly-traded companies. Alcoa also outlined a clear roadmap to complete its separation in...
Aleris reports Q3 2015 results- adjusted EBITDA up 24% Q-o-Q
Aleris Corporation reported results for the three and nine months ended September 30, 2015. Except as otherwise indicated, all amounts reflect the divested recycling and extrusions businesses as discontinued operations. Third Quarter Summary: • Adjusted EBITDA of $68 million, up 24 percent compared...
China Zhongwang net profit increases by 30% to RMB2.52 billion in Q1 2015
China Zhongwang Holdings Limited, together with its subsidiaries, announced its unaudited results for the nine months ended 30 September 2015. During the review period, the Group’s revenue rose 3.0% year-on-year to RMB12.68 billion. As sales of high-end industrial aluminium products increased,...
Sapa continues improvement in financial results
Sapa continued to improve its financial performance with a third quarter result that was significantly better than its result in the same quarter last year. Underlying EBIT in the third quarter was NOK 404 million, compared with NOK 201 million last year. The increase was driven by positive...
Ford's Q3 results show investment in aluminum F-150 was paying off
Ford Motor posted third quarter results which narrowly missed expectations but showed the automaker is doing extremely well in the United States. Ford was the number one selling brand in the U.S. and its aluminium F-150 sales hit a nine-year high. The automaker posted third quarter profits of $0.45...
Century reports a net loss of $56.1 million for the third quarter of 2015
Century Aluminum Company reported a net loss of $56.1 million ($0.65 per common share) for the third quarter of 2015. Results were negatively impacted by a $5.3 million charge ($0.06 per common share) for lower of cost or market inventory adjustments, a $0.4 million charge ($0.01 per common share)...
