Kaiser Aluminum Reported Robust Start to 2025

SEATTLE (Scrap Monster): Kaiser Aluminum Corporation, a leading producer of semi-fabricated specialty aluminum products announced financial results for first quarter of the current year.  

The company’s net revenues for the quarter were at $777 million, somewhat higher when compared with $738 million in the prior year quarter. Throughout the quarter, there was a rise in the average realized sales price. According to a press release from the corporation, conversion revenue for the first quarter of 2025 was $363 million, a slight decrease of 1% from the same period the previous year.

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For the first quarter of 2025, Kaiser Aluminum recorded net income of $22 million, or $1.31 per diluted share. The adjusted net income was $1.44 per diluted share, or $24 million. Additionally, the business recorded $73 million in adjusted EBITDA for the quarter, with a 20.2% adjusted EBITDA margin.

Keith A. Harvey, Chairman, President, and Chief Executive Officer, commented on the results, stating that despite the macroeconomic uncertainty, the company managed to maintain outstanding operating success. The business is eager to start the next stage of expansion at its rolling mill in Warrick. He went on to say that better shareholder returns would result from the ongoing emphasis on cost reduction.