Kaiser Aluminum (KALU) Tops Q4 EPS by 7c
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Kaiser Aluminum Corporation Reports Fourth Quarter and Full Year 2020 Financial Results
February 24, 2021 4:30 PM ESTFull Year 2020:
Solid Execution Under Very Challenging Business Conditions Net Sales $1,173 Million; Value Added Revenue $697 Million, Down 19% Year-over-YearNet Income $29 Million; Net Income per Diluted Share $1.81Adjusted Net Income $48 Million; Adjusted Earnings per Diluted Share $3.01Adjusted EBITDA $154 Million; Adjusted EBITDA Margin 22.1% Significant Decline in Commercial Aerospace Demand; Strong Defense, Auto and GE DemandAggressively Flexed Costs to Align With Lower VolumeExecuted Definitive Agreement for Transformative Acquisition of Alcoa Warrick LLCIncreased Quarterly... More