Noranda Aluminum Holding Corp. Reports Consolidated Unaudited Earnings Results for the Fourth Quarter and Year Ended December 31, 2014
For the fiscal 2014, the company reported sales of USD 1,355.1 million compared to USD 1,343.5 million a year ago. Operating income was USD 17.1 million compared to operating loss of USD 25.5 million a year ago. Loss before income taxes was USD 28.7 million compared to USD 77.8 million a year ago. Net loss was USD 26.6 million or USD 0.39 per basic and diluted share compared to net loss of USD 47.6 million or USD 0.70 per diluted share a year ago. Cash provided by operating activities was USD 30.6 million compared to USD 64.2 million a year ago. Capital expenditures were USD 93.5 million compared to USD 72.7 million a year ago. Adjusted EBITDA was USD 127.3 million compared to USD 93.1 million a year ago.