In the third quarter alone, group revenues grew 10% on the year, to RON732 million, while its net profit declined 5%, to RON69.3 million.
The company’s operating profit stood at RON308.2 million in January-September, compared with RON326.6 million in the same period of 2017, while its third-quarter gross profit stood at RON97.1 million, 1.9% lower on the year.
Processed aluminum sales reached RON1 billion in the first nine months and account for the bulk of turnover, followed by primary aluminum sales of RON973.9 million, and alumina sales of RON209 million.
Alro Slatina announced recently it would propose a gross dividend per share of RON0.45, the equivalent of a 13.9% yield, thus distributing a total of RON326.59 million to shareholders.
Alro’s main shareholder is Vimetco NV, with a stake of 84.18%.