Sean Stack

Taxes, Expenses, and Losses from Sale of Aluminium Recycling Business Weigh Down Aleris’ Bottom Line

Taxes, Expenses, and Losses from Sale of Aluminium Recycling Business Weigh Down Aleris’ Bottom Line

Cleveland rolled aluminium firm Aleris International, Inc. released results for 2017’s final quarter and full year yesterday. The firm’s bottom line in both periods suffered from certain tax items, peak start-up expenses, and write-offs from the sale of the company’s recycling business,...

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Events

Improved Aluminium Market Raises Aleris’ Q2 Numbers

Improved Aluminium Market Raises Aleris’ Q2 Numbers

Cleveland’s rolled aluminium firm Aleris Corporation reported results for the second quarter of 2017 yesterday. Though still reporting a net loss, the numbers were better year on year thanks in part to an overall improvement in the global aluminium market. Aleris shipped 220 thousand metric tons of finished product in the quarter, one thousand metric […]

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Investments, Start-Up Costs Led to Brutal Q1 for Aleris

Investments, Start-Up Costs Led to Brutal Q1 for Aleris

Cleveland’s rolled aluminium firm Aleris Corporation released first-quarter numbers yesterday. Though most figures remained steady compared to last year’s first quarter, start-up costs and losses on investments took its toll on the firm’s net profits in the quarter. The firm shipped 199 thousand metric tons in the quarter, down slightly from last year’s first-quarter total […]

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Aleris Shows Net Loss in 2016, but Plans on Better Bottom Line in 2017

Aleris Shows Net Loss in 2016, but Plans on Better Bottom Line in 2017

Cleveland’s rolled aluminium firm Aleris released results for the fourth quarter and full year of 2016 on Friday. The firm turned in a net loss of US$35 million in the fourth quarter, a drop year-on-year from 2015’s fourth-quarter loss of US$13 million. Adjusted EBITDA for the quarter totaled US$43 million, an improvement year-on-year from 2015, […]

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