Novelis’ earnings get boost in qtr.

Aug 07, 2014 | 07:56 PM | Nathan Laliberte

Tags  Novelis, Philip Martens, aluminum, rolled products, Nathan Laliberte

NEW YORK — Novelis Inc.’s earnings soared in its fiscal first quarter, driven by improved plant productivity, increased year-on-year demand trends and strong winter results in South America.

The Atlanta-based aluminum producer’s net income of $35 million for the three months ended June 30 more than doubled from $14 million in the same period last year, on sales that rose 11.6 percent to nearly $2.7 billion from $2.4 billion, according to its earnings report.....





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