The company reported an 11% year-over-year decline in revenues to $5.57 billion, due to a combination of divestments, smelting capacity closures and weak aluminum pricing, partially offset by rising revenues from the companies value-added segments, as a result of a combination of acquisitions and organic growth. The most important takeaway from the earnings call was the management's confidence in the prospects of the company's value-added businesses, after the company's recent announcement to sp...
Alcoa Q3 Earnings Review: Productivity Improvements Partially Offset Impact Of Weak Aluminum Prices
Forbes - 9 Oct 2015 21:43
The company reported an 11% year-over-year decline in revenues to $5.57 billion, due to a combination of divestments, smelting capacity closures and weak aluminum pricing, partially offset by rising revenues from the companies value-added segments, as a result of a combination of acquisitions and organic growth. The most important takeaway from the earnings call was the management's confidence in the prospects of the company's value-added businesses, after the company's recent announcement to sp...
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