CBA reports increased Q3 earnings on higher aluminium prices, sales

Companhia Brasileira de Aluminio (CBA) reported a strong increase in earnings in the third quarter of 2017, boosted by higher aluminium prices and increased sales volume, the Brazil-based aluminium producer’s parent company, Votorantim SA, said on Monday November 13.

Adjusted earnings before interest, taxes, depreciation and amortization amounted to 151 million Brazilian Reais ($46 million) in the three months ended September 30, up from 54 million Reais in the...

Published

Danielle Assalve

November 14, 2017

03:10 GMT

São Paulo