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发表于 2013-7-8 07:43 PM
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Alcoa Kicks Off Earnings Season With a Beat
The company remains optimistic that global demand for aluminum will grow 7 percent this year, driven largely by demand from the aerospace and commercial transportation sectors.
"We see that the aluminum fundamentals are very strong. We expect a growth for this year of physical demand of 7 percent," Alcoa CEO Klaus Kleinfeld told CNBC. "I can't predict where the metal price is going to go. I tend to believe we're seeing a low at this point."
For the second quarter, Alcoa posted a net loss of $119 million, or 11 cents per share, wider than the loss of $2 million, or break-even per share, a year earlier.
The company paid down debt of $566 million during the second quarter.
Excluding the impact of restructuring costs and costs tied to a legacy legal matter, the company posted a profit of $76 million, or 7 cents a share, up from $61 million, or 6 cents a share, a year ago.
Revenue decreased to $5.85 billion from $5.96 billion a year ago. |
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狗仔卡
发表于 2013-7-8 08:59 PM
