Kaiser Aluminum Reports Stable Earnings and Future Growth

Kaiser Aluminum ( (KALU) ) has released its Q4 earnings. Here is a breakdown of the information Kaiser Aluminum presented to its investors.

Kaiser Aluminum Corporation, headquartered in Franklin, Tenn., is a prominent producer of semi-fabricated specialty aluminum products, serving various industries including aerospace, packaging, and automotive, known for its highly-engineered solutions. In its recent earnings report for the fourth quarter and full year 2024, Kaiser Aluminum reported net sales of $765 million for the quarter and $3.0 billion for the year, with net income amounting to $7 million for the quarter and $47 million for the year. The company declared a quarterly dividend of $0.77 and highlighted a strong liquidity position of $572 million by the end of 2024. Key performance metrics for the fourth quarter included a 3% increase in net sales driven by higher shipments, with conversion revenue slightly decreasing to $358 million. For the full year, net sales saw a slight decrease due to lower shipments, while conversion revenue remained consistent. Specific segments showed varied performance, with aerospace seeing a 10% decline in quarterly sales, while packaging and general engineering experienced growth. Looking ahead, Kaiser Aluminum anticipates market stabilization and improved conditions in 2025, projecting an increase in consolidated conversion revenue and improved EBITDA margins, supported by strategic investments, including the new roll coat line and expansion at the Trentwood rolling mill.