In 2015, the company reported sales revenue of RON2.3 billion and a loss of RON24 million.
Its overall revenue reached RON2.74 billion in 2015, up 13.8% on the year. According to its 2016 budget, the company expects to sell 85,050 tons of processed aluminum products, while sales of primary aluminium products are seen reaching nearly 154,658 tons, accounting for 65% of overall sales.
Alro’s market capitalization currently reaches RON795.86 million (EUR180.8 million). Alro shares currently trade at RON1.1100/unit.
The global aluminum market saw a steep price decline, reaching a minimum $1,424/ton in 2015 compared with $1,642/ton in 2014.
In 2015, the total primary aluminum output reached 271,000 tons, versus 263,000 tons in 2014. Processed aluminum output reached nearly 79,000 tons, compared with some 78,000 tons in 2014.
Alro is a unit of Dutch Vimetco, which has operations in Romania, China and Sierra Leone. The company owns nearly 84.2% of Alro’s capital, while restitution fund Fondul Proprietatea owns 10.21%.