Kaiser Aluminum (KALU) Tops Q2 EPS by 5c, Revenues Beat
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Kaiser Aluminum Corporation Reports Second Quarter and First Half 2018 Financial Results
July 23, 2018 4:30 PM EDTSecond Quarter 2018 Highlights:
Net Sales $415 Million; Value Added Revenue $210 MillionNet Income $21 Million; Adjusted EBITDA $55 Million; Adjusted EBITDA Margin 26.0%Moderating Aerospace Destocking; Continued Strong Automotive and General Engineering DemandRecord Shipments Driven By Strong Demand and Recent Capital InvestmentsHigher Year-Over-Year Metal and Freight Costs Continued to Compress MarginsPrice Increases Implemented to Address Rising Metal and Freight CostsFirst Six Months 2018 Highlights:
Net Sales $803 Million; Value Added Revenue $413... More