August 18, 2017 5:34 PM ET

Metals and Mining

Company Overview of Novelis Inc.

Company Overview

Novelis Inc. manufactures and sells aluminum rolled products. The company operates through North America, Europe, Asia, and South America segments. It manufactures aluminum sheet, light gauge, and foil products, as well as recycles aluminum. The company's products are used in the beverage and food cans, electronics, containers and packaging, automotive and other transportation, architectural, foil and technical products, lithographic sheet, and other industrial applications. It sells its products through direct sales force, as well as distributors. The company was founded in 2004 and is headquartered in Atlanta, Georgia. Novelis Inc. is a subsidiary of AV Metals Inc.

3560 Lenox Road

Suite 2000

Atlanta, GA 30326

United States

Founded in 2004

11,450 Employees

Phone:

404-760-4000

Key Executives for Novelis Inc.

President & Chief Executive Officer
Age: 46
Senior VP & CFO
Age: 51
Senior VP & President of Novelis North America
Age: 60
Senior VP & President of Novelis Europe
Age: 50
Senior VP & President of Novelis South America
Age: 59
Compensation as of Fiscal Year 2017.

Novelis Inc. Key Developments

Novelis Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Provides Earnings Outlook for the Fiscal Year 2018

Novelis Inc. reported unaudited consolidated earnings results for the first quarter ended June 30, 2017. For the period, the company’s net sales were $2,669 million against $2,296 million a year ago. Income before income tax was $144 million against $60 million a year ago. Net income attributable to common shareholder was $101 million against $24 million a year ago. Net cash used in operating activities was $45 million against $107 million a year ago. Capital expenditures were $39 million against $44 million a year ago. EBITDA was $296 million against $229 million a year ago. Adjusted EBITDA was $289 million against $268 million a year ago. For the fiscal year 2018, the company expects EBITDA to be between $1,100 million to $1,150 million. In addition, it expects fiscal 2018 free cash flow to be between $400 million to $450 million. It announced that CapEx is going to be in the range of $250 million, which includes mostly maintenance CapEx, some balancing CapEx to optimize capacities.

Novelis Inc. to Report Q1, 2018 Results on Aug 07, 2017

Novelis Inc. announced that they will report Q1, 2018 results at 9:00 AM, US Eastern Standard Time on Aug 07, 2017

Novelis Inc., Q1 2018 Earnings Call, Aug 07, 2017

Novelis Inc., Q1 2018 Earnings Call, Aug 07, 2017

Similar Private Companies By Industry

Company Name Region
101 Pipe & Casing, Inc. United States
2Dye4 Anodizing, Inc United States
3 Dimensional Services, Inc. United States
3D Stone, Inc. United States
4-M Precision Stamping, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
\
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
The Advertising Council, Inc. United States
Bertelsmann AG Europe
Rush University United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Novelis Inc., please visit www.novelis.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.