Century Aluminum Co (CENX) Tops Q1 EPS by 18c

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Century Reports First Quarter 2015 Financial Results

April 30, 2015 4:00 PM EDT

CHICAGO, IL -- (Marketwired) -- 04/30/15 -- Century Aluminum Company (NASDAQ: CENX) reported net income of $73.8 million ($0.76 per common share) for the first quarter of 2015. Results include $6.5 million ($0.07 per common share) for an unrealized gain on fair value of contingent consideration related to the acquisition of the remaining 50.3% interest of Mt. Holly and were negatively impacted by $1.6 million ($0.02 per common share) for signing bonuses related to a new labor agreement in Iceland and $1.0 million ($0.01 per common share) related to the separation of a former senior executive.

Sales for the first quarter of 2015 were $587.9 million... More