The latest announcement is out from Century Aluminum ( (CENX) ).
Century Aluminum’s third quarter 2024 results reveal a net income boost to $47.3 million, driven by increased aluminum prices and tax credits, alongside a strategic advantage from its Jamalco operations. Despite a drop in net sales to $539.1 million, the company achieved an impressive $103.7 million in adjusted EBITDA. With strong liquidity of $278.9 million and favorable policy changes, Century is poised to deliver solid returns and expand its market presence.
See more insights into CENX stock on TipRanks’ Stock Analysis page.
