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Mar 31, 2025
Century Aluminum Q1 2025 Earnings Report
Century Aluminum Company reported its first quarter 2025 financial results, with a decrease in net income attributable to stockholders but an increase in net sales and aluminum shipments.
Key Takeaways
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.
Net sales increased by $3.0 million sequentially to $633.9 million, driven by higher LME aluminum price, regional premium, and favorable volume and mix.
Net income attributable to Century stockholders decreased by $15.5 million sequentially to $29.7 million, primarily due to higher input costs and losses on derivative instruments.
Adjusted EBITDA attributable to Century stockholders was $78.0 million, a decrease of $2.9 million from the prior quarter.
Aluminum shipments increased by 1% sequentially to 168,672 tonnes.
Revenue by Geographic Location
Forward Guidance
For the second quarter of 2025, Century Aluminum expects Adjusted EBITDA to range between $80 million and $90 million.
Positive Outlook
- Increased Midwest regional premium is expected to contribute positively to Adjusted EBITDA.
- Lower energy costs are anticipated to improve profitability.
- The company's liquidity position remains strong with $339.1 million as of March 31, 2025.
- Realized Midwest premium increased 38% from the prior quarter.
- Positive impact from increased Section 232 aluminum tariffs to 25%.
Challenges Ahead
- Planned major maintenance is expected to partially offset positive factors.
- Seasonal labor expenses are anticipated to impact profitability.
- Higher input costs negatively impacted Q1 2025 results.
- Losses on derivative instruments negatively impacted Q1 2025 results.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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