Welcome to our dedicated page for Kaiser Aluminum news (Ticker: KALU), a resource for investors and traders seeking the latest updates and insights on Kaiser Aluminum stock.
Kaiser Aluminum Corporation (KALU) delivers engineered aluminum solutions for critical aerospace, automotive, and industrial applications. This news hub provides investors and industry professionals with comprehensive access to official company announcements and market-relevant coverage.
Track all essential updates including quarterly earnings disclosures, manufacturing innovations, strategic partnerships, and operational developments. Our curated collection ensures timely access to press releases detailing product advancements, facility expansions, and leadership changes impacting KALU's market position.
Key focus areas include aerospace material breakthroughs, automotive extrusion technologies, and sustainability initiatives within specialty aluminum production. Bookmark this page for efficient monitoring of KALU's progress in advancing high-performance aluminum applications across core industries.
Kaiser Aluminum (NASDAQ: KALU) reported strong Q1 2025 financial results with net sales of $777 million and conversion revenue of $363 million. The company achieved net income of $22 million ($1.31 per diluted share) and adjusted net income of $24 million ($1.44 per diluted share).
Adjusted EBITDA reached $73 million with a margin of 20.2%. The company maintains strong liquidity of $577 million, including $21 million in cash and $555 million in borrowing availability. Kaiser declared a quarterly dividend of $0.77 per share, payable May 15, 2025.
For full-year 2025, Kaiser projects consolidated conversion revenue growth of 5-10% and expects adjusted EBITDA to improve 5-10% compared to 2024, with 50-55% of adjusted EBITDA contribution expected in H2 2025.
Kaiser Aluminum (NASDAQ:KALU) has announced a quarterly dividend payment of $0.77 per share. The dividend will be distributed to stockholders of record as of April 25, 2025, with the payment scheduled for May 15, 2025.
Kaiser Aluminum (NASDAQ: KALU) has announced its Q1 2025 earnings release scheduled for April 23, 2025, after market close, with a conference call planned for April 24, 2025. The company has implemented a significant accounting change, switching from LIFO to weighted average cost (WAC) methodology for inventory accounting, effective January 1, 2025.
The transition to WAC resulted in notable financial adjustments:
- Inventory increased by $46.8 million
- Retained earnings rose by $35.6 million (net of tax)
- 2023 net income adjusted from $47.2M to $67.8M
- 2024 net income adjusted from $46.8M to $65.7M
The company believes this change will improve operational result comparability between periods by eliminating LIFO-related fluctuations and better reflect the physical flow of goods.
Kaiser Aluminum (NASDAQ: KALU) reported its Q4 and full-year 2024 financial results. Q4 highlights include net sales of $765 million, net income of $7 million ($0.43 per share), and adjusted EBITDA of $50 million with a 14.0% margin. Full-year 2024 results showed net sales of $3.0 billion, net income of $47 million ($2.87 per share), and adjusted EBITDA of $217 million with a 14.9% margin.
The company maintained strong liquidity of $572 million as of December 31, 2024. For 2025, KALU expects consolidated conversion revenue to increase 5-10% with adjusted EBITDA margin improvement of 50-100 basis points, with approximately 60% of EBITDA contribution projected in H2 2025. The company declared a quarterly dividend of $0.77 per share.
Kaiser Aluminum (NASDAQ: KALU) has announced its schedule for the release of fourth quarter and full year 2024 financial results. The company will publish its results on Wednesday, February 19, 2025, after market close. A conference call is scheduled for Thursday, February 20, 2025, at 12:00 p.m. Eastern Time.
Participants can join the call from the U.S. and Canada at (877) 423-9813 or internationally at (201) 689-8573, using conference ID 13751173. The company will also provide a live webcast and presentation slides through its investor relations website, with an audio archive available after the call.
Kaiser Aluminum (NASDAQ:KALU) has announced a quarterly cash dividend of $0.77 per share. The dividend will be distributed to stockholders of record as of January 24, 2025, with the payment scheduled for February 14, 2025. The announcement comes following a decision by the company's Board of Directors to maintain its dividend distribution program.
Kaiser Aluminum (NASDAQ: KALU) announced significant leadership changes effective January 1, 2025. Jack A. Hockema retired as Executive Chair of the Board of Directors after nearly 30 years with the company. Keith A. Harvey, the current President and CEO, has been appointed as Chairman of the Board.
The company also appointed Kimberly T. Glas as a new independent director to fill the vacancy. Glas will serve as a Class I director with a term expiring at the 2025 annual meeting and will join the audit and sustainability committees. She brings over 20 years of experience in government policy and manufacturing industry advocacy, currently serving as President and CEO of the National Council of Textile Organizations and previously as Commissioner of the U.S.-China Economic and Security Review Commission.
Kaiser Aluminum (NYSE: KALU) has announced its participation in Baird's 2024 Global Industrial Conference. The event will take place at the Ritz-Carlton in Chicago, Illinois on Tuesday, November 12, 2024. Keith Harvey, President and Chief Executive Officer, will deliver a presentation at 1:45 p.m. CT and engage in investor meetings throughout the day. The presentation will be available via live webcast on the company's investor relations website, with a replay accessible for 30 days following the event.
Kaiser Aluminum (NASDAQ: KALU) reported Q3 2024 financial results with net sales of $748 million and conversion revenue of $362 million. The company achieved net income of $12 million ($0.74 per diluted share) and adjusted EBITDA of $50 million with a 13.9% margin. Performance was driven by improved pricing despite mixed market conditions. The company declared a quarterly dividend of $0.77 per share. Kaiser continues to execute its margin expansion plan, with packaging facility improvements expected to complete by year-end. The company maintains its 2024 outlook with stable conversion revenue growth up to 1% compared to 2023.
Kaiser Aluminum (NASDAQ:KALU) has announced a quarterly cash dividend of $0.77 per share. The dividend is set to be paid on November 15, 2024 to stockholders of record as of the close of business on October 25, 2024. This announcement comes from the company's Board of Directors, demonstrating their commitment to returning value to shareholders.
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