Strong Free Cash Flow GenerationStrong free cash flow growth and efficient operating cash conversion provide durable financial flexibility. This underpins capacity to fund maintenance and selective growth, service debt, and preserve liquidity through aluminum cycles, supporting long-term operational stability.
Conservative Leverage And Robust Equity BaseA robust equity base and low leverage lower bankruptcy and refinancing risk, giving management room to invest or weather downturns. For a cyclical commodity business, conservative capital structure supports resilience and steadier access to capital across cycles.
Improving Gross Margins And Solid Operating MarginsRising gross margin alongside solid EBIT/EBITDA indicates better cost control or pricing power. Sustained operating-margin strength enhances structural cash generation and competitive position, enabling reinvestment and cushioning volume variability over the medium term.