Century Aluminum Co (CENX) Tops Q4 EPS by 10c

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Century Aluminum Company Reports Fourth Quarter and Full Year 2018 Results

February 21, 2019 4:06 PM EST

CHICAGO, Feb. 21, 2019 (GLOBE NEWSWIRE) -- Century Aluminum Company (NASDAQ: CENX) today announced fourth quarter and full year 2018 results.

Fourth Quarter 2018 Financial Results

Shipments of 199,466 tonnes, a 9% increase over prior quarter driven by restarts at Hawesville and SebreeNet sales of $486.9 million, a 1% increase over prior quarter despite lower LME pricesNet loss of $65.0 million, or $(0.74) per share Adjusted net loss(1) of $40.7 million, or $(0.43) per shareAdjusted EBITDA(1) of $(18.1) million driven by the historically high alumina price relative to the metal price

Full Year 2018... More