Century Aluminum Q1 FY26 net income rises to $327 million; net sales climb to $649.2 million

• Century Aluminum posted net income of $327 million for quarter ended March 31, 2026, swinging from a net loss of $3.1 million in the prior quarter.
• Net sales rose 2.45% to $649.2 million from the prior quarter, driven by higher LME and realized regional premiums, partly offset by lower sales tied to the Grundartangi equipment failure.
• Gross profit climbed 31.13% to $118.8 million from the prior quarter, while net loss on forward and derivative contracts widened to $65.3 million from $43.5 million.
• Results included a $287.9 million gain on the sale of Hawesville, alongside $33 million in net insurance proceeds tied to the Grundartangi transformer failure.
• Century ended March 31, 2026 with liquidity of $611 million, outlined plans to restart the last potline at Mt. Holly, and said the idled Grundartangi potline restarted in the second half of April with near full production expected by end of July 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Century Aluminum Company published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-032094), on May 07, 2026, and is solely responsible for the information contained therein.