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Jun 30, 2024
Century Aluminum Q4 2024 Earnings Report
Century Aluminum Company reported its fourth quarter and full year 2024 financial results.
Key Takeaways
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.
Net sales for Q4 2024 reached $631.0 million, an increase of 17% sequentially.
Reported net income attributable to Century stockholders was $47.7 million, or $0.47 per diluted share.
Adjusted net income attributable to Century stockholders was $45.9 million, or $0.49 per share.
Adjusted EBITDA attributable to Century stockholders was $82.4 million.
Revenue by Geographic Location
Forward Guidance
The company expects first quarter Adjusted EBITDA to range between $75 million to $85 million, driven by improved metal pricing and regional premiums, but offset by higher energy and raw material costs.
Positive Outlook
- Improved metal pricing is expected to contribute positively to EBITDA.
- Higher regional premiums are anticipated to boost financial performance.
Challenges Ahead
- Higher energy costs are expected to negatively impact EBITDA.
- Increased raw material costs are anticipated to weigh on profitability.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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