“Company Ends 2012 in Strong Liquidity Position; Record Results in Mid and Downstream
Forecasting 7 Percent Growth in Global Aluminum Demand in 2013
4Q 2012 Highlights
- Income from continuing operations of $242 million, or $0.21 per share; excluding special items, income from continuing operations of $64 million, or $0.06 per share
- Revenue of $5.9 billion, up 1 percent sequentially, down 2 percent from 4Q 2011
- Cash from operations of $933 million, up $670 million from 3Q 2012
- Free cash flow of $535 million
- Strong liquidity with cash on hand of $1.9 billion
- Record low 24 days working capital
- Record results in Global Rolled Products, Engineered Products & Solutions
- Forecasting 7 percent growth in global aluminum demand in 2013
Full-Year 2012 Highlights
- Income from continuing operations of $191 million, or $0.18 per share; excluding special items, income from continuing operations of $262 million, or $0.24 per share
- Revenue of $23.7 billion, down 5 percent from 2011, on lower LME pricing…”
