Century Aluminum Company Announced First Quarter 2025 Results
The higher input costs impacted the income for the quarter.
SEATTLE (Scrap Monster): Century Aluminum Company announced its first quarter 2025 results.
Compared to the net sales of $630.9 million in the previous quarter, the net sales for the current quarter were $633.9 million, a 3% increase. Higher regional premiums, favorable volume and mix, and higher LME aluminum prices throughout the quarter were the main drivers of the increase.
In the first quarter of 2025, the firm reported net income attributable to its stockholders of $29.7 million, which was $15.5 million less than in the fourth quarter of 2024. The revenue for the quarter was influenced by the increased input costs. In Q1 2025, shipments totaled 168,672 tons, a little increase of 1% over the previous quarter.
ALSO READ:
Century Alumiunum Fined for Multiple EPA Violations
Century Aluminum Company Reports Fourth Quarter 2025 Results
For the first quarter of 2025, the company's adjusted EBITDA attributable to shareholders was $78 million. Higher energy prices and rising raw material costs were the primary causes of this $2.9 million decrease from the previous quarter. At the end of the quarter, the company had $339.1 million in liquidity.
Century Aluminum anticipates that its adjusted EBITDA for the second quarter of 2025 will be between $80 and $90 million, driven by decreased energy costs and an increase in the Midwest regional premium.