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Century Aluminum Company Reports Third Quarter 2018 Results

October 25, 2018 4:05 PM EDT

CHICAGO, Oct. 25, 2018 (GLOBE NEWSWIRE) -- Century Aluminum Company (NASDAQ: CENX) today announced third quarter 2018 results.

Third Quarter 2018 Financial Results

Net loss of $20.3 million, or $0.23 per diluted shareAdjusted net income1 of $2.3 million, or $0.02 per shareAdjusted EBITDA1 of $28.7 million, down $25.8 million from Q2 2018, reflecting higher alumina costs partially offset by higher LME prices and regional premiumsNet sales of $481.8 million, a 3% increase over prior quarter, reflecting higher production volume at Hawesville of 18% due to the restart of one line, partially offset by lower production volume of 6% at Sebree due to the... More