“Alcoa reported an increase in quarterly profit on Monday as performance in its alumina and primary metals segments improved despite a tough market. Revenue, however, fell short.
After the earnings announcement, the company’s shares slipped in extended-hours trading. (Click here for the latest after-hours quote.)
“I’m relatively optimistic that 2013 is going to be better than 2012,” Klaus Kleinfeld, Alcoa CEO, told CNBC. “So for us, we continue to project 7 percent demand growth in aluminum.”
“When you look at aerospace, automotive, building and construction in the U.S. is coming back, China is performing stably and even Europe… is relatively resilient and muddling through,” he said….”
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