Aleris Revenues Increase, But Earnings Decline in Tough 2007

April 2008
Metal Center News;Apr2008, Vol. 48 Issue 5, p47
Trade Publication
The article reports on the financial performance of aluminum producer Aleris AB in Beachwood, Ohio in the fourth quarter of 2007. It states that the company has posted revenues of $6.0 billion and a loss of $94.1 million from its continuing operations. Further, chairman and chief executive officer (CEO) Steven J. Demetriu, reveals that the company's performance is contributed by reduced volumes in its Global and Extruded Product business.


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