Kaiser optimistic for 2013 as profits climb

Apr 24, 2013 | 09:45 AM | Michael Cowden

Tags  Kaiser Aluminum, Jack Hoeckema, quarterly earnings, aluminum, Michael Cowden

CHICAGO — Kaiser Aluminum Corp. expects "mild headwinds" to continue to impact its earnings during the second quarter, but maintains that 2013 results should beat those of the prior year.

The Foothill Ranch, Calif.-based aluminum company recorded net income of $33.5 million for the first quarter ended March 31, up 26.4 percent from $26.5 million in the year-ago quarter, despite sales that narrowed 7.7 percent to $337.4 million, according to earnings data released April 23.....

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