ATI Announces Second Quarter 2018 Results

Note: Quarterly earnings per share amounts may not add to year-to-date amounts due to rounding.

         
Allegheny Technologies Incorporated and Subsidiaries
Sales and Operating Profit by Business Segment
(Unaudited, dollars in millions)  
 
Three Months Ended Six Months Ended
June 30 March 31 June 30 June 30 June 30
2018 2018 2017 2018 2017
Sales:
High Performance Materials & Components $ 591.9 $ 560.7 $ 526.4 $ 1,152.6 $ 1,036.8
Flat Rolled Products   417.6     418.3     353.8     835.9     709.3  
 
Total external sales $ 1,009.5   $ 979.0   $ 880.2   $ 1,988.5   $ 1,746.1  
 
Operating profit:
 
High Performance Materials & Components $ 97.9 $ 85.5 $ 68.0 $ 183.4 $ 118.9
% of Sales 16.5 % 15.2 % 12.9 % 15.9 % 11.5 %
 
Flat Rolled Products 26.1 10.9 2.9 37.0 21.9
% of Sales   6.3 %   2.6 %   0.8 %   4.4 %   3.1 %
 
Total operating profit 124.0 96.4 70.9 220.4 140.8
% of Sales 12.3 % 9.8 % 8.1 % 11.1 % 8.1 %
 
 
LIFO and net realizable value reserves - - (0.1 ) - (0.1 )
 
Corporate expenses (12.9 ) (13.2 ) (11.8 ) (26.1 ) (22.1 )
 
Closed operations and other expense (5.1 ) (8.1 ) (13.2 ) (13.2 ) (16.2 )
 
Gain on joint venture deconsolidation - 15.9 - 15.9 -
 
Interest expense, net   (25.5 )   (25.5 )   (34.5 )   (51.0 )   (68.0 )
 
 
Income before income taxes $ 80.5   $ 65.5   $ 11.3   $ 146.0   $ 34.4  
 

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13  Next Page »



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us
ShareCG™ is a trademark of Internet Business Systems, Inc.

Report a Bug Report Abuse Make a Suggestion About Privacy Policy Contact Us User Agreement Advertise