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Last €73.71 EUR
Change Today +0.219 / 0.30%
Volume 0.0
As of 2:30 PM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

kaiser aluminum corp (KLU1) Snapshot

Open
€73.80
Previous Close
€73.49
Day High
€74.11
Day Low
€72.75
52 Week High
07/22/15 - €80.39
52 Week Low
10/28/14 - €53.83
Market Cap
1.3B
Average Volume 10 Days
28.2
EPS TTM
--
Shares Outstanding
17.2M
EX-Date
07/22/15
P/E TM
--
Dividend
€1.64
Dividend Yield
1.84%
Current Stock Chart for KAISER ALUMINUM CORP (KLU1)

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kaiser aluminum corp (KLU1) Details

Kaiser Aluminum Corporation, together with its subsidiaries, produces semi-fabricated specialty aluminum products. The company offers rolled, extruded, and drawn aluminum products used principally for aerospace and defense, automotive, consumer durables, electronics, electrical, and machinery and equipment applications. Its aerospace and high strength products include heat treat plates and sheets, cold finish rods and bars, seamless drawn tubes, hard alloy extrusions, and billets; and aluminum plates, sheets, extruded shapes, and tube for aerospace applications, as well as specialized rod and bar products for various applications. The company’s automotive extrusions include extruded aluminum products for structural components, bumpers, anti-lock braking systems, and drawn tube for drive shafts in automobile industry. Its general engineering products comprise alloy rod, bar, tube, wire, sheet, plate, and standard extrusions used in various applications, including the enhancement and production of military vehicles, ordnances, semiconductor manufacturing cells, numerous electronic devices, after-market motor sport parts, and tooling plates. The company also offers extruded, drawn, and cast billet aluminum products for industrial end uses. It sells its products directly to customers through sales personnel located in the United States, Canada, Europe, and China, as well as through independent sales agents in other regions of Asia, Latin America, and the Middle East. Kaiser Aluminum Corporation was founded in 1946 and is headquartered in Foothill Ranch, California.

2,650 Employees
Last Reported Date: 02/20/15
Founded in 1946

kaiser aluminum corp (KLU1) Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Total Annual Compensation: $856.0K
Chief Financial Officer, Treasurer of Kaiser ...
Total Annual Compensation: $421.3K
Executive Vice President of Fabricated Produc...
Total Annual Compensation: $391.3K
Executive Vice President - Legal, Compliance ...
Total Annual Compensation: $394.9K
Senior Vice President of Corporate Developmen...
Total Annual Compensation: $347.6K
Compensation as of Fiscal Year 2014.

kaiser aluminum corp (KLU1) Key Developments

Kaiser Aluminum Corporation Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for 2015

Kaiser Aluminum Corporation reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net income of $20 million or $1.11 earnings per diluted share compared to net income and earnings per diluted share of $25 million and $1.33 respectively for the prior year period. Excluding the impact of non-run-rate items, adjusted net income was $23 million or $1.27 per diluted share for the second quarter 2015 compared to adjusted net income of $19 million or $1.05 per diluted share for the second quarter 2014. Adjusted consolidated EBITDA was $52 million, or 26% of value added revenue, for the second quarter 2015, compared to $46 million, or 24% of value added revenue, for the prior year quarter. The approximately $6 million increase primarily reflected higher volume for aerospace and automotive applications, modestly favorable heat treat plate spot pricing, and improved manufacturing cost efficiencies compared to the prior year quarter. Net sales were $367.2 million against $344.1 million a year ago. Operating income was $37.0 million against $46.4 million a year ago. Income before income taxes was $32.2 million against $39.0 million a year ago. Adjusted operating income was $44.0 million against $39.0 million a year ago. For the first half 2015, the company reported a net loss of $272 million, or $15.78 loss per diluted share reflecting a $309 million after-tax, non-cash, non-run-rate charge associated with the termination of defined benefit accounting and the removal of the assets and liabilities related to the ongoing union voluntary employee beneficiary association (Union VEBA) from the Company’s consolidated balance sheet. For the first half 2014, net income and earnings per diluted share were $40 million and $2.18, respectively. Excluding the impact of non-run-rate items, adjusted net income was $41 million, or $2.27 earnings per diluted share, for the first half 2015 compared to adjusted net income of $33 million, or $1.76 earnings per diluted share, for the prior year period. For the first half 2015 adjusted consolidated EBITDA was $98 million, an increase of approximately $15 million compared to the first half 2014, of which approximately $10 million reflected the favorable impact of higher volume and modestly favorable heat treat plate spot pricing and approximately $5 million reflected improved manufacturing cost efficiencies. Net sales were $738.9 million against $679.2 million a year ago. Operating loss was $421.6 million against operating income of $78.5 million a year ago. Loss before income taxes was $435.8 million against income before income taxes of $64.2 million a year ago. Capital spending during the first half 2015 was approximately $23 million related to capacity expansions at the Company’s London, Ontario and Sherman, Texas facilities to support growth in automotive extrusion applications along with other projects across the manufacturing platform to further improve quality and efficiencies. Consolidated operating income adjusted for non-run-rate items was $82 million in the first half 2015, an increase of approximately $14 million compared to the prior year period, primarily driven by higher shipments and improved manufacturing costs offset in part by approximately $1 million of higher depreciation expense. For the full year 2015, the company expects revenue growth from 6%-8% to 7%-9% based on a more favorable outlook for automotive extrusion applications, as lower fuel prices have shifted demand towards larger vehicles with higher aluminum extrusion product content. The company continues to estimate capital spending for the year will range from $50 million to $60 million as it invests further in capacity expansions for automotive extrusions and heat treat plate, continuous improvement initiatives focused on capturing manufacturing cost efficiencies and enhancing product quality, and ongoing sustaining capital investments.

Kaiser Aluminum Corporation Declares Quarterly Dividend Payable on August 14, 2015

Kaiser Aluminum declared a quarterly dividend of $0.40 per share to be paid on Aug. 14 to investors of record as on July 24. It paid the same rate in the preceding period.

Kaiser Aluminum Corporation to Report Q2, 2015 Results on Jul 21, 2015

Kaiser Aluminum Corporation announced that they will report Q2, 2015 results at 5:00 PM, Eastern Standard Time on Jul 21, 2015

 

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KLU1

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Valuation KLU1 Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.0x
Price/Book 1.9x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.8x
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