Aleris Reports First Quarter Results
U.S. Newswire, May, 2007
To: ENVIRONMENTAL EDITORS
Contact: Michael D. Friday of Aleris International, Inc., +1-216- 910-3503
BEACHWOOD, Ohio, May 14 /PRNewswire/ -- Aleris International, Inc. today reported results for the quarter ended March 31, 2007.
Summary
-- Revenues in first quarter 2007 were $1.6 billion, compared with $848
million in first quarter 2006, an 89% increase, driven primarily by the
August 2006 acquisition of the downstream business of Corus Group plc
("Corus Aluminum").
-- Impacted heavily by special items, first quarter 2007 net loss was
$53.1 million compared with a reported net income of ...
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