Kaiser Aluminum (KALU) Misses Q3 EPS by 9c, Offers Outlook
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Kaiser Aluminum Corporation Reports Third Quarter and First Nine Months 2015 Financial Results
October 21, 2015 4:30 PM EDTThird Quarter 2015 Highlights:
Net Sales $336 Million; Value Added Revenue Up 11% to $199 Million Operating Income $41 Million; Adjusted EBITDA $45 Million; EBITDA Margin 23% Strong Underlying Demand for Aerospace and Automotive ApplicationsImproved Sales Margins - Selective Increases in Spot Prices and Lower Contained Metal CostsPlanned 10-day Outage at Trentwood Facility Temporarily Impacted Throughput and EfficiencyHigher Shipments for New Automotive Extrusion Programs Drove Higher Ramp-Up Costs... More