Alcoa Q4 2015 Earnings Review: Weakness in Aluminum Prices Weighs On Results

The most important takeaway from the earnings call was that Alcoa remains on track to complete the separation of its upstream and value-added business segments into two companies in the second half of 2016, with cost reduction expected to remain the mantra for boosting profitability of the upstream side, whereas profitable growth opportunities in the aerospace and automotive end markets are expected to boost the prospects of the value-added segments.