Alcoa Fastening Systems Segment Hits Record Revenue | China Fastener .info

Article by · 2012/04/18 ·

Alcoa Inc. reported revenue for its Engineered Products and Solutions segment, including Alcoa Fastening Systems, rose 11% to $1.4 billion in the opening quarter of 2012 and up 3 percent on a sequential basis.ATOI for the first quarter was $155 million, up $25 million, or 19 percent, from first quarter 2011 and up $33 million, or 27 percent, from fourth quarter 2011. Adjusted EBITDA margin rose in the first quarter, reaching a record level of 19 percent. Sequentially, improved ATOI was primarily the result of strong productivity gains and increased volume. (…)

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