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Novelis Inc   (NVLCN)
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Volume (M$): $ 0 52 Wk Avg: $0.00
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 Market Capitalization (Millions $) -
 Shares Outstanding (Millions) -
 Employees 11,970
 Revenues (TTM) (Millions $) 16,530
 Net Income (TTM) (Millions $) 590
 Cash Flow (TTM) (Millions $) -704
 Capital Exp. (TTM) (Millions $) 960

Novelis Inc

We are the world’s leading aluminum rolled products producer. We are also the global leader in the recycling of aluminum. We are the only known company of our size and scope focused solely on aluminum rolled products markets and capable of local supply of technologically sophisticated aluminum products in all four major industrialized continents: North America, South America, Europe and Asia.

The aluminum rolled products market represents the global supply of, and demand for, aluminum sheet, plate and foil produced either from sheet ingot or continuously cast roll-stock in rolling mills operated by both independent aluminum rolled products producers and integrated aluminum companies.
Aluminum rolled products are semi-finished aluminum products that constitute the raw material for the manufacture of finished goods ranging from automotive structures and body panels to food and beverage cans. There are two major types of manufacturing processes for aluminum rolled products differing mainly in the process used to achieve the initial stage of processing:

hot mills — which require sheet ingot, a rectangular slab of aluminum, as starter material; and

continuous casting mills — which can convert molten metal directly into semi-finished sheet.

Both processes require subsequent rolling, which we refer to as cold rolling, and finishing steps such as annealing, coating, leveling or slitting to achieve the desired thickness, width and metal properties. Most customers receive shipments in the form of aluminum coil, a large roll of metal, which can be utilized in their fabrication processes.

Focus on Manufacturing Excellence
We are driving our business forward by focusing on manufacturing excellence. This includes a commitment to employee safety, customer service, product quality and system reliability.

As a manufacturing organization, our primary concern is the health and safety of our employees. We are committed to building a culture of safety across all levels of the organization. We are focused on optimizing our manufacturing and recycling operations to increase asset utilization and productivity. We continue to pursue a standardization of our manufacturing processes where possible; while still allowing the flexibility to respond to local market demands. We are focused on maintaining a competitive cost structure by managing metal inputs and employing initiatives to improve operational efficiencies across our plants globally.


Our customers demand consistent, high quality products. We are committed to producing the best quality products and providing reliable on-time delivery and be a true partner in innovation and sustainable supply solutions. We are focused on building and maintaining strong, positive relationships with all of our customers.

Operate as an Integrated Global Company
We intend to continue operating as a globally integrated company to leverage our manufacturing excellence, risk management expertise, value-added conversion premium-based pricing and global assets according to a single, company-wide vision. We believe this integrated approach is the foundation for the effective execution of our strategy across the Novelis system.


We strive to service our customers in a consistent, global manner through seamless alignment of goals, methods and metrics across the organization. In fiscal 2016, we announced the creation of two new executive sales and marketing positions in Can and Automotive that will allow us to more seamlessly serve our global customer base in these market segments and accelerate our global integration strategy. We will continue to take actions to ensure we are aligned to best leverage our operations globally, while still allowing for local flexibility.

Focus on Premium Products
We focus on capturing global growth in beverage can, automotive and high-end specialty products markets. Our management approach helps us to systematically identify opportunities to improve the profitability of our operations through product portfolio analysis. This ensures that we grow in attractive market segments, while also taking actions to exit unattractive ones. In the recent past, we have taken steps to exit certain non-core operations, including aluminum smelting operations and hydroelectric facilities in Brazil, and consumer foil operations in North America and Europe. We will continue to focus on these core products to drive enhanced profitability.

Utilizing recycled material allows us to diversify our metal supply, helps to control metal costs and provides environmental benefits.
Novelis is working closely with our customers on innovation to drive more sustainable products for society. Novelis is the only company of our size offering independently certified, high-recycled content aluminum sheet for our beverage and specialty product customers. We are also working closely with our automotive customers to redesign automotive alloys to be made with more scrap, as well as seeking to purchase the aluminum scrap resulting from our automotive customers’ production processes.



   Company Address: 3550 Peachtree Road NE, Suite 1100 Atlanta 30326 GA
   Company Phone Number: 760-4000   Stock Exchange / Ticker: NVLCN
   


Customers Net Income grew by NVLCN's Customers Net Profit Margin grew to

5.33 %

8.92 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
MLI        1.5% 
ATI        1.37% 
MT   -0.65%    
MTRN        4.2% 
STLD   -2.17%    
X        0.75% 
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Novelis Inc

Novelis Inc. Faces Revenue Recession of -6.332% during Fiscal Q3 of 2024

Novelis Inc., a leading global producer of rolled aluminum and a subsidiary of Hindalco Industries Limited, recently released its financial results for the third quarter of the 2024 earnings season. Despite facing some challenges, the company managed to reach a break-even point of $0.00 per share, indicating stability compared to the previous year and the previous reporting period.
In terms of revenue, Novelis Inc. experienced a decline of 6.332% to $3.94 billion in the third quarter of 2024, compared to $4.20 billion in the corresponding reporting period a year ago. Additionally, there was a sequential decrease of 4.188% from $4.11 billion. However, it's worth noting that while Novelis Inc. experienced a decline, the remainder of the Miscellaneous Fabricated Products industry witnessed a rise in revenue during the same period.

Novelis Inc

Dramatic Drop in Revenue Plagues Novelis Inc. During July - September 2023: Find Out What Went Wrong

Novelis Inc, a leading company in the Miscellaneous Fabricated Products industry, recently released its financial results for the fiscal span ending September 30, 2023. While the company achieved impressive growth in some areas, there were also declines in certain key metrics.
Starting with the earnings per share (EPS), Novelis reported a figure of $0.00 per share for the fiscal span closing September 30, 2023. This represents no change from the previous year and the prior quarter. While maintaining stability is good, it is important for the company to strive for growth to meet investor expectations.

Novelis Inc

Novelis Inc: Substantial Revenue Dip to $4091 Million in 2023 Defying Miscellaneous Fabricated Products Sector Trend



Novelis Inc., a leading player in the Miscellaneous Fabricated Products sector, recently released its financial results for the period ending June 30, 2023. These results indicate several significant changes, including declining revenue, reduced profitability, and a drop in earnings. This article aims to interpret these findings and evaluate their implications for Novelis Inc.'s future performance.
1. Challenging Revenue Trend:
Novelis Inc. experienced a considerable decline in revenue, with a year-on-year decrease of 19.611%. In comparison to the preceding financial reporting period, revenue dropped by 6.959%. This decline in top-line indicates challenges faced by the company in a sector that recorded revenue gains elsewhere. The decrease in revenue raises concerns regarding Novelis Inc.'s ability to generate sustainable growth.






 

Novelis Inc's Segments
 
 
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