Century Aluminum Company reported net sales of $633.9 million for the first quarter of 2025, a slight increase from the previous quarter. Net income attributable to Century stockholders decreased to $29.7 million, while adjusted EBITDA was $78.0 million.
Century Aluminum Company reported a sequential increase in net sales for Q4 2024, primarily driven by higher third-party alumina sales, aluminum prices, and increased regional premiums. The company achieved a net income attributable to stockholders of $47.7 million and an adjusted net income of $45.9 million.
Century Aluminum Company reported net sales of $560.8 million for Q2 2024. The company reported a net loss attributable to Century stockholders of $2.5 million, with an adjusted EBITDA of $34.2 million. The company's liquidity position was $342.6 million as of June 30, 2024.
Century Aluminum reported a decrease in net sales due to lower regional and value-added product premiums. Net income attributable to Century stockholders increased significantly due to a bargain purchase gain from the Jamalco acquisition. Adjusted EBITDA decreased due to the timing of recognition of the IRA Section 45X benefit, but improved due to lower energy and material costs.
Century Aluminum Company reported a net loss of $42.0 million for Q3 2023, a $49.5 million decrease sequentially, impacted by exceptional items and lower aluminum prices. Adjusted EBITDA was $9.3 million, down $20.2 million from the prior quarter. However, lower input prices and cost savings partially offset these negative impacts.
Century Aluminum Company reported a net sales increase of 4% sequentially, reaching $575.5 million in Q2 2023, driven by higher realized aluminum prices. The company achieved a net income attributable to Century stockholders of $7.5 million, a significant improvement from the previous quarter's net loss. Adjusted EBITDA attributable to Century stockholders was $29.5 million, reflecting lower energy costs offset by unfavorable sales mix and operational spend.
Century Aluminum reported a net loss of $38.6 million for Q1 2023, an improvement of $74.9 million sequentially. Adjusted EBITDA for the first quarter of 2023 was $24.1 million, a $36.5 million increase from the prior quarter.
Century Aluminum Company reported a net loss of $(52.4) million for Q3 2021, which was negatively impacted by $46.7 million of net exceptional items. However, the adjusted net loss improved sequentially to $(5.7) million, driven by higher aluminum prices and increased regional premiums. Adjusted EBITDA for Q3 2021 was $70.3 million, an increase of $36.4 million from the prior quarter.
Century Aluminum Company reported a net loss of $35.1 million for Q2 2021, an improvement of $104.9 million sequentially. Adjusted EBITDA increased by $54.1 million from the prior quarter to $34.4 million, driven by higher aluminum prices and increased regional premiums.
Century Aluminum Company reported a net loss of $(140.0) million for Q1 2021, with net sales of $444.0 million. The results were negatively impacted by $87.4 million of exceptional items, including $92.7 million of unrealized losses on forward derivative contracts. Adjusted EBITDA was $(19.7) million, primarily driven by higher power prices.
Century Aluminum reported a net loss of $(58.2) million for the third quarter of 2020, with adjusted EBITDA of $(31.4) million. The results were impacted by lower LME prices and regional premiums, as well as higher seasonal power costs.
Century Aluminum Company reported a net loss of $(26.9) million for the second quarter of 2020, with adjusted EBITDA of $4.7 million. The results were negatively impacted by exceptional items including a lower of cost or net realizable value inventory adjustment. However, the company maintained a strong cash flow and liquidity position, ending the quarter with $174.1 million in cash.
Century Aluminum Company reported a net loss of $(2.7) million for the first quarter of 2020, with adjusted net income of $1.0 million. The results were negatively impacted by $3.7 million of non-cash exceptional items.