Latest Novelis Inc. Stories
ATLANTA and DUISBURG, Germany, May 22, 2013 /PRNewswire/ -- Novelis, the world leader in aluminum rolling and recycling, and ThyssenKrupp Tailored Blanks, the leading manufacturer of innovative, customized steel solutions for the automotive industry, today announced the signing of a cooperation agreement for the development of tailored aluminum blanks. With this innovative technology, individual aluminum sheets of different grades, thicknesses and coatings can be joined to produce...
Investment enhances competitiveness of Pieve Emanuele plant in Milan, one of the world's most advanced aluminum recycling and continuous casting facilities ATLANTA and MILAN, May 16, 2013 /PRNewswire/ -- Novelis, the world leader in aluminum rolling and recycling, today announced the opening of a new aluminum recycling and continuous casting line at its Pieve Emanuele facility in Milan, Italy. The 12 million euro expansion represents the largest single investment by Novelis in Italy...
New senior leaders named in three regions as company prepares for global growth ATLANTA, May 15, 2013 /PRNewswire/ -- Novelis, the world leader in aluminum rolling and recycling, today announced a number of senior executive moves designed to further accelerate its "One Novelis" global integration strategy. Company executives Marco Palmieri, Tadeu Nardocci and Erwin Mayr have been appointed as regional presidents for North America, South America and Europe, respectively, and Brad...
Demonstrates Strong Execution on Strategic Initiatives ATLANTA, May 14, 2013 /PRNewswire/ -- Novelis, the world leader in aluminum rolling and recycling, today reported net income attributable to its common shareholder of $202 million for fiscal 2013. Excluding tax-effected certain items, net income for fiscal 2013 was $241 million, compared to a net income of $218 million for fiscal 2012. Net income for the fourth quarter of fiscal 2013, excluding tax-effected certain...
ATLANTA, May 8, 2013 /PRNewswire/ -- Novelis Inc. will report its earnings for the fourth quarter and full year of fiscal year 2013 on Tuesday, May 14, 2013. Following the release, President and Chief Executive Officer Philip Martens and Chief Financial Officer Steve Fisher will discuss the results via a live web and audio conference call for investors at 10:00 a.m. ET the same day. The audio portion of the meeting will be available via telephone at: U.S. and Canada Toll-Free...
Senior finance manager from global aluminum manufacturing giant Novelis to discuss ease of integration with SAP® solutions, benefits, cost-savings realized since using BlackLine LOS ANGELES, March 14, 2013 /PRNewswire/ -- Global aluminum manufacturer Novelis is teaming up with financial software provider BlackLine Systems and enterprise application software leader SAP AG (NYSE: SAP) to give a presentation entitled "See How Aluminum Manufacturing Giant Novelis Closes with...
ATLANTA, Feb. 20, 2013 /PRNewswire/ -- Novelis Inc. Chief Financial Officer, Steve Fisher, will present at the J.P. Morgan Global High Yield & Leveraged Finance Conference in Miami on Monday, February 25, 2013 at 9:00 a.m. ET. Mr. Fisher will give an overview of Novelis, discuss the Company's strategy and future growth prospects as well as provide some financial highlights pertaining to its third quarter of fiscal 2013 results. The presentation will be webcast live at...
ATLANTA, Feb. 12, 2013 /PRNewswire/ -- Novelis Inc., the world's leading producer of aluminum rolled products, today reported net income attributable to its common shareholder of $3 million for the third quarter of fiscal 2013. Excluding tax-effected restructuring in both periods, net income for the third quarter of 2013 was $8 million, compared to a net loss of $11 million for the same period in 2012. Adjusted EBITDA was $185 million for the third quarter of 2013,...
ATLANTA, Feb. 7, 2013 /PRNewswire/ -- Novelis Inc. will report its earnings for the third quarter of fiscal year 2013 on Tuesday, February 12, 2013. Following the release, President and Chief Executive Officer Philip Martens and Chief Financial Officer Steve Fisher will discuss the results via a live web and audio conference call for investors at 9:00 a.m. ET the same day. The audio portion of the meeting will be available via telephone at:U.S. and Canada Toll-Free Number: 800 381...
ATLANTA, Nov. 26, 2012 /PRNewswire/ -- Novelis, the world leader in aluminum rolling and recycling, today broke ground on a $250 million aluminum recycling and casting center at its plant in Nachterstedt, Germany. Constructed adjacent to the company's existing aluminum rolling mill, the new center will enable the company to produce 400,000 metric tons of aluminum sheet ingot from recycled material annually, and is projected to be the world's largest aluminum recycling center....
