The Atlanta-based aluminum producer reported net sales of $5.8 billion, a 23% increase compared to the same period last year. While the company benefited from higher average aluminum prices, total rolled product shipments fell 5% to 916 kilotonnes. This decline was largely attributed to a 33 kilotonne shortfall resulting from the lingering impact of fires that occurred at the Oswego plant in late 2025.

Operational recovery remains a primary focus, with the Oswego hot mill resuming production in early June. Simultaneously, the company has initiated the commissioning of key assets at its new greenfield rolling and recycling plant in Bay Minette, Alabama. CEO Steve Fisher noted that these milestones position the firm for growth, though the capital-intensive nature of the Bay Minette startup contributed to an adjusted free cash flow outflow of $1.1 billion for the quarter. CFO Dev Ahuja expressed confidence that the company will return to positive free cash flow by the fourth quarter as capital spending stabilizes and insurance recoveries from the fire-related losses continue to materialize.