Annonce • Jul 28
Century Aluminum Company to Report Q2, 2026 Results on Aug 06, 2026 Century Aluminum Company announced that they will report Q2, 2026 results After-Market on Aug 06, 2026 Board Change • Jul 23
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. Independent Director Tamla Olivier was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annonce • Apr 29
Century Aluminum Company to Report Q1, 2026 Results on May 07, 2026 Century Aluminum Company announced that they will report Q1, 2026 results After-Market on May 07, 2026 Annonce • Apr 27
Century Aluminum Company, Annual General Meeting, Jun 15, 2026 Century Aluminum Company, Annual General Meeting, Jun 15, 2026. Location: 1 south wacker drive, mezzanine, lllinois 60606, chicago United States Annonce • Apr 24
Century Aluminum Company Resumes Production At Grundartangi Smelter in Iceland Century Aluminum Company restarted production this week in the second potline at its Norðurál smelter in Grundartangi, Iceland, several months earlier than planned. Employees energized the first pots in Grundartangi’s second potline and will continue restarting the remaining pots on an accelerated schedule to reach close to full production by the end of July. Potline two represents about two-thirds of the plant’s total capacity. The restart comes after specialists, collaborating with the designers and the manufacturer of the equipment, made repairs to the transformers following an unanticipated failure. Permanent replacement transformers have been ordered and will be installed upon expected delivery this fall. Grundartangi’s restart reinforces Century’s commitment to meeting customers’ needs with the urgency the marketplace demands. Annonce • Mar 24
Century Aluminum Company Promotes Levi Chaffin to Senior Vice President of Operations, Americas Century Aluminum Company announced that Levi Chaffin has been promoted to Senior Vice President of Operations, Americas. He will continue to lead Century’s operations in the United States and Jamaica. Before taking the helm of operations for the Americas, Chaffin served as Plant Manager, directing operations at Century’s Sebree smelter, where he led a team of approximately 650 employees. He holds a degree in Manufacturing Engineering from the University of Louisville and a Certificate of Management Excellence from Harvard Business School Executive Education. Chaffin is a Certified Maintenance and Reliability Professional (CMRP) and a Project Management Professional (PMP) and holds certifications as a Six Sigma Black Belt and in Behavioral Leadership. Annonce • Mar 04
Century Aluminum Company announced delayed annual 10-K filing On 03/03/2026, Century Aluminum Company announced that they will be unable to file their next 10-K by the deadline required by the SEC. Annonce • Feb 06
Century Aluminum Company to Report Q4, 2025 Results on Feb 19, 2026 Century Aluminum Company announced that they will report Q4, 2025 results After-Market on Feb 19, 2026 Annonce • Jul 26
Century Aluminum Company to Report Q2, 2025 Results on Aug 07, 2025 Century Aluminum Company announced that they will report Q2, 2025 results After-Market on Aug 07, 2025 Annonce • Apr 25
Century Aluminum Company to Report Q1, 2025 Results on May 07, 2025 Century Aluminum Company announced that they will report Q1, 2025 results After-Market on May 07, 2025 Annonce • Feb 14
Century Aluminum Company to Report Q4, 2024 Results on Feb 20, 2025 Century Aluminum Company announced that they will report Q4, 2024 results After-Market on Feb 20, 2025 Valuation Update With 7 Day Price Move • Nov 12
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to €20.45, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 9x in the Metals and Mining industry in Europe. Total returns to shareholders of 47% over the past three years. Reported Earnings • Nov 05
Third quarter 2024 earnings released: EPS: US$0.48 (vs US$0.46 loss in 3Q 2023) Third quarter 2024 results: EPS: US$0.48 (up from US$0.46 loss in 3Q 2023). Revenue: US$539.1m (down 1.1% from 3Q 2023). Net income: US$44.8m (up US$86.8m from 3Q 2023). Profit margin: 8.3% (up from net loss in 3Q 2023). Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Annonce • Oct 22
Century Aluminum Company to Report Q3, 2024 Results on Nov 04, 2024 Century Aluminum Company announced that they will report Q3, 2024 results After-Market on Nov 04, 2024 Annonce • Jul 26
Century Aluminum Company to Report Q2, 2024 Results on Aug 08, 2024 Century Aluminum Company announced that they will report Q2, 2024 results After-Market on Aug 08, 2024 Annonce • Jul 13
Jamalco Refinery Back to Full Production Following Hurricane Beryl Century Aluminum Company announced that its Jamalco bauxite mining and alumina production joint venture has returned to full production following the impact of the recent Hurricane Beryl in Jamaica. No injuries to employees nor significant damage occurred to Jamalco’s production facilities. Century does not expect the event to have a material effect on its financial results. While Jamalco’s production facilities escaped significant damage, the port facility was impacted by the storm, where a portion of the alumina conveyor was damaged and will need repair. The repairs are anticipated to be completed in several weeks. Jamalco has secured alternative port arrangements to ensure continued alumina shipments to its customers while the repairs to the conveyor are ongoing. The damage to Jamalco’s alumina conveyor is not anticipated to impact the refinery’s production levels, ability to receive raw materials or otherwise operate the refinery. Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to €18.62, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Metals and Mining industry in Europe. Total returns to shareholders of 81% over the past three years. Recent Insider Transactions • Jun 30
President recently sold €911k worth of stock On the 26th of June, Jesse Gary sold around 60k shares on-market at roughly €15.18 per share. This trade did not impact their existing holding. This was the largest sale by an insider in the last 3 months. Jesse has been a net seller over the last 12 months, reducing personal holdings by €2.5m. New Risk • May 03
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 43% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.2x net interest cover). Earnings are forecast to decline by an average of 43% per year for the foreseeable future. High level of non-cash earnings (27% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change). Reported Earnings • May 02
First quarter 2024 earnings released: EPS: US$2.52 (vs US$0.42 loss in 1Q 2023) First quarter 2024 results: EPS: US$2.52 (up from US$0.42 loss in 1Q 2023). Revenue: US$489.5m (down 11% from 1Q 2023). Net income: US$233.6m (up US$272.2m from 1Q 2023). Profit margin: 48% (up from net loss in 1Q 2023). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Annonce • Apr 20
Century Aluminum Company to Report Q1, 2024 Results on May 01, 2024 Century Aluminum Company announced that they will report Q1, 2024 results Pre-Market on May 01, 2024 Breakeven Date Change • Apr 11
Forecast breakeven date pushed back to 2025 The 3 analysts covering Century Aluminum previously expected the company to break even in 2024. New consensus forecast suggests the company will make a profit of US$97.4m in 2025. Average annual earnings growth of 88% is required to achieve expected profit on schedule. Buy Or Sell Opportunity • Mar 22
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 5.2% to €11.50. The fair value is estimated to be €9.57, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 46%. Reported Earnings • Feb 22
Full year 2023 earnings released: US$0.47 loss per share (vs US$0.15 loss in FY 2022) Full year 2023 results: US$0.47 loss per share (further deteriorated from US$0.15 loss in FY 2022). Revenue: US$2.19b (down 21% from FY 2022). Net loss: US$43.1m (loss widened 206% from FY 2022). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Annonce • Feb 08
Century Aluminum Company to Report Q4, 2023 Results on Feb 21, 2024 Century Aluminum Company announced that they will report Q4, 2023 results After-Market on Feb 21, 2024 New Risk • Jan 17
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$70m). Significant insider selling over the past 3 months (€1.9m sold). Breakeven Date Change • Jan 10
Forecast to breakeven in 2024 The 3 analysts covering Century Aluminum expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$63.1m in 2024. Average annual earnings growth of 121% is required to achieve expected profit on schedule. Recent Insider Transactions • Dec 31
President recently sold €1.6m worth of stock On the 27th of December, Jesse Gary sold around 138k shares on-market at roughly €11.33 per share. This transaction amounted to 61% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Jesse's only on-market trade for the last 12 months. New Risk • Dec 20
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$70m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-US$70m free cash flow). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$29m net loss in 2 years). Share price has been volatile over the past 3 months (9.2% average weekly change). Breakeven Date Change • Dec 20
No longer forecast to breakeven The 3 analysts covering Century Aluminum no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$7.90m in 2024. New consensus forecast suggests the company will make a loss of US$15.6m in 2025. New Risk • Dec 14
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: US$175m Forecast net loss in 2 years: US$11m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$70m). Currently unprofitable and not forecast to become profitable over next 2 years (US$11m net loss in 2 years). Share price has been volatile over the past 3 months (8.4% average weekly change). Breakeven Date Change • Dec 13
Forecast to breakeven in 2024 The 3 analysts covering Century Aluminum expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$7.90m in 2024. Average annual earnings growth of 117% is required to achieve expected profit on schedule. New Risk • Nov 14
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: US$175m Forecast net loss in 2 years: US$701k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$70m). Currently unprofitable and not forecast to become profitable over next 2 years (US$701k net loss in 2 years). Share price has been volatile over the past 3 months (7.4% average weekly change). Reported Earnings • Nov 09
Third quarter 2023 earnings released: US$0.46 loss per share (vs US$0.46 profit in 3Q 2022) Third quarter 2023 results: US$0.46 loss per share (down from US$0.46 profit in 3Q 2022). Revenue: US$545.2m (down 14% from 3Q 2022). Net loss: US$42.0m (down 201% from profit in 3Q 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Annonce • Oct 27
Century Aluminum Company to Report Q3, 2023 Results on Nov 08, 2023 Century Aluminum Company announced that they will report Q3, 2023 results at 4:00 PM, US Eastern Standard Time on Nov 08, 2023 New Risk • Sep 27
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: US$97m Forecast net loss in 2 years: US$4.7m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$116m). Currently unprofitable and not forecast to become profitable over next 2 years (US$4.7m net loss in 2 years). Share price has been volatile over the past 3 months (6.8% average weekly change). Reported Earnings • Aug 10
Second quarter 2023 earnings released: EPS: US$0.077 (vs US$0.39 in 2Q 2022) Second quarter 2023 results: EPS: US$0.077 (down from US$0.39 in 2Q 2022). Revenue: US$575.5m (down 33% from 2Q 2022). Net income: US$7.10m (down 80% from 2Q 2022). Profit margin: 1.2% (down from 4.1% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Annonce • Jul 26
Century Aluminum Company to Report Q2, 2023 Results on Aug 09, 2023 Century Aluminum Company announced that they will report Q2, 2023 results After-Market on Aug 09, 2023 Breakeven Date Change • Jul 13
Forecast breakeven date pushed back to 2024 The 3 analysts covering Century Aluminum previously expected the company to break even in 2023. New consensus forecast suggests the company will make a profit of US$141.7m in 2024. Average annual earnings growth of 99% is required to achieve expected profit on schedule. Recent Insider Transactions • May 16
Insider recently bought €120k worth of stock On the 11th of May, Matthew Aboud bought around 18k shares on-market at roughly €6.64 per share. This transaction amounted to 63% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €793k more in shares than they bought in the last 12 months. Reported Earnings • May 09
First quarter 2023 earnings released: US$0.42 loss per share (vs US$0.18 profit in 1Q 2022) First quarter 2023 results: US$0.42 loss per share (down from US$0.18 profit in 1Q 2022). Revenue: US$552.4m (down 27% from 1Q 2022). Net loss: US$38.6m (down 333% from profit in 1Q 2022). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 24
Full year 2022 earnings released: US$0.15 loss per share (vs US$1.85 loss in FY 2021) Full year 2022 results: US$0.15 loss per share (improved from US$1.85 loss in FY 2021). Revenue: US$2.78b (up 26% from FY 2021). Net loss: US$14.1m (loss narrowed 92% from FY 2021). Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Breakeven Date Change • Feb 24
Forecast breakeven date moved forward to 2023 The 3 analysts covering Century Aluminum previously expected the company to break even in 2024. New consensus forecast suggests the company will make a profit of US$145.9m in 2023. Earnings growth of 96% is required to achieve expected profit on schedule. Annonce • Feb 09
Century Aluminum Company to Report Q4, 2022 Results on Feb 23, 2023 Century Aluminum Company announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 23, 2023 Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment improved over the past week After last week's 16% share price gain to €8.84, the stock trades at a forward P/E ratio of 47x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total returns to shareholders of 31% over the past three years. Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment improved over the past week After last week's 15% share price gain to €8.86, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 6x in the Metals and Mining industry in Europe. Total returns to shareholders of 37% over the past three years. Reported Earnings • Nov 09
Third quarter 2022 earnings released: EPS: US$0.46 (vs US$0.58 loss in 3Q 2021) Third quarter 2022 results: EPS: US$0.46 (up from US$0.58 loss in 3Q 2021). Revenue: US$637.2m (up 9.6% from 3Q 2021). Net income: US$41.6m (up US$94.0m from 3Q 2021). Profit margin: 6.5% (up from net loss in 3Q 2021). Revenue is expected to fall by 4.9% p.a. on average during the next 3 years compared to a 3.3% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment improved over the past week After last week's 17% share price gain to €6.90, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 5x in the Metals and Mining industry in Europe. Total returns to shareholders of 28% over the past three years. Annonce • Oct 20
Century Aluminum Company to Report Q3, 2022 Results on Nov 07, 2022 Century Aluminum Company announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Nov 07, 2022 Valuation Update With 7 Day Price Move • Oct 10
Investor sentiment improved over the past week After last week's 22% share price gain to €6.55, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 5x in the Metals and Mining industry in Europe. Total returns to shareholders of 13% over the past three years. Annonce • Jul 26
Century Aluminum Company to Report Q2, 2022 Results on Aug 09, 2022 Century Aluminum Company announced that they will report Q2, 2022 results After-Market on Aug 09, 2022 Annonce • Jun 26
Century Aluminum Company(NasdaqGS:CENX) dropped from Russell 2000 Value Index Century Aluminum Company(NasdaqGS:CENX) dropped from Russell 2000 Value Index Annonce • Jun 23
Century Aluminum Company Announces to Temporarily Idle its Hawesville Smelter Due to Soaring Energy Prices Century Aluminum Company has announced it will temporarily idle its smelter in Hawesville, Kentucky, as a direct result of skyrocketing energy costs. The smelter is expected to begin the idling process on June 27, 2022. The company says it expects to idle operations for a period of approximately nine to twelve months until energy prices return to more normalized levels. Century continues to explore all available options to avoid the temporary curtailment. It currently employs more than 600 workers, most of whom unfortunately received notice under the WARN Act that they will be temporarily laid off. Century Aluminum is working with all of its employees and the local union to help identify unemployment support and training opportunities. Given the unique circumstances at each of Century’s plants, the company does not have any current plans to idle any other facility. Annonce • May 02
Century Aluminum Company, Annual General Meeting, Jun 13, 2022 Century Aluminum Company, Annual General Meeting, Jun 13, 2022, at 09:00 Central European Standard Time. Agenda: To elect each of Jarl Berntzen, Jennifer Bush, Jesse Gary, Errol Glasser, Wilhelm van Jaarsveld and Andrew Michelmore to Board of Directors for a one-year term; to ratify the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending December 31, 2022; to approve the compensation of named executive officers; and to transact any other business that may properly come before the meeting or at any adjournments or postponements of the meeting. Reported Earnings • Apr 30
First quarter 2022 earnings released: EPS: US$0.19 (vs US$1.55 loss in 1Q 2021) First quarter 2022 results: EPS: US$0.19 (up from US$1.55 loss in 1Q 2021). Revenue: US$753.6m (up 70% from 1Q 2021). Net income: US$17.7m (up US$157.7m from 1Q 2021). Profit margin: 2.3% (up from net loss in 1Q 2021). Over the next year, revenue is forecast to grow 36%, compared to a 32% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 35% per year, which means it is well ahead of earnings. Annonce • Apr 06
Century Aluminum Company to Report Q1, 2022 Results on Apr 28, 2022 Century Aluminum Company announced that they will report Q1, 2022 results After-Market on Apr 28, 2022 Recent Insider Transactions • Mar 23
Executive VP recently sold €383k worth of stock On the 21st of March, John DeZee sold around 15k shares on-market at roughly €25.03 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.1m more than they bought in the last 12 months. Recent Insider Transactions • Mar 02
Insider recently sold €337k worth of stock On the 28th of February, Michelle Lair sold around 16k shares on-market at roughly €20.68 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €935k more than they bought in the last 12 months. Reported Earnings • Feb 26
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: US$1.85 loss per share (down from US$1.38 loss in FY 2020). Revenue: US$2.21b (up 38% from FY 2020). Net loss: US$167.1m (loss widened 36% from FY 2020). Revenue missed analyst estimates by 2.7%. Over the next year, revenue is forecast to grow 34%, compared to a 12% growth forecast for the mining industry in Germany. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings. Annonce • Jan 30
Century Aluminum Company to Report Q4, 2021 Results on Feb 24, 2022 Century Aluminum Company announced that they will report Q4, 2021 results After-Market on Feb 24, 2022 Reported Earnings • Nov 05
Third quarter 2021 earnings released: US$0.58 loss per share (vs US$0.65 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: US$581.4m (up 48% from 3Q 2020). Net loss: US$52.4m (loss narrowed 10.0% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Breakeven Date Change • Aug 06
Forecast breakeven pushed back to 2022 The 2 analysts covering Century Aluminum previously expected the company to break even in 2021. New consensus forecast suggests losses will reduce by 9.2% to 2021. The company is expected to make a profit of US$229.0m in 2022. Average annual earnings growth of 89% is required to achieve expected profit on schedule. Reported Earnings • Aug 05
Second quarter 2021 earnings released: US$0.39 loss per share (vs US$0.30 loss in 2Q 2020) The company reported a solid second quarter result with improved revenues and control over costs, although losses increased. Second quarter 2021 results: Revenue: US$528.0m (up 31% from 2Q 2020). Net loss: US$35.1m (loss widened 31% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Breakeven Date Change • May 22
Forecast breakeven pushed back to 2022 The 2 analysts covering Century Aluminum previously expected the company to break even in 2021. New consensus forecast suggests losses will reduce by 95% to 2021. The company is expected to make a profit of US$35.4m in 2022. Average annual earnings growth of 108% is required to achieve expected profit on schedule. Reported Earnings • May 07
First quarter 2021 earnings released: US$1.55 loss per share (vs US$0.03 loss in 1Q 2020) The company reported a soft first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: US$444.0m (up 5.4% from 1Q 2020). Net loss: US$140.0m (loss widened US$137.3m from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Executive Departure • Mar 23
Global Controller & Principal Accounting Officer has left the company On the 19th of March, Elisabeth Indriani's tenure as Global Controller & Principal Accounting Officer ended after 2.5 years in the role. As of December 2020, Elisabeth personally held 32.10k shares (€266k worth at the time). A total of 2 executives have left over the last 12 months. Annonce • Mar 14
Century Aluminum Company Announces Executive Changes On March 8, 2021, Elisabeth Indriani, Global Controller and principal accounting officer at Century Aluminum Company, provided notice of her resignation from the Company effective March 19, 2021. Craig Conti, the Company's Executive Vice President, Chief Financial Officer and principal financial officer will serve as interim principal accounting officer until Ms. Indriani's replacement is hired. Recent Insider Transactions • Feb 26
President recently sold €148k worth of stock On the 22nd of February, Michael Bless sold around 13k shares on-market at roughly €11.81 per share. In the last 3 months, they made an even bigger sale worth €373k. Michael has been a seller over the last 12 months, reducing personal holdings by €3.0m. Reported Earnings • Feb 21
Full year 2020 earnings released: US$1.38 loss per share (vs US$0.91 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: US$1.61b (down 13% from FY 2019). Net loss: US$123.3m (loss widened 53% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 70% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Feb 21
Revenue misses expectations Revenue missed analyst estimates by 2.2%. Over the next year, revenue is forecast to grow 21%, compared to a 20% growth forecast for the Metals and Mining industry in Germany. Annonce • Feb 13
Century Aluminum Company Announces Executive Changes On February 8, 2021, John Hoerner, Executive Vice President, North American Operations of Century Aluminum Company (the "Company") informed the Company of his decision to retire from the Company effective October 31, 2021. In connection with his retirement announcement, Mr. Hoerner has stepped down from his position as Executive Vice President, North American Operations, effective immediately, but will remain with the Company through his retirement date to assist with the transition. The Company also announced that Gunnar Gudlaugsson, who is currently serving as Vice President, European Operations of the Company and Managing Director of the Company's wholly-owned subsidiary, Nordural Grundartangi ehf., will be promoted to the role of Executive Vice President, Global Operations, effective immediately. Century Aluminum Company announced that it has named Gunnar Gudlaugsson as Executive Vice President, Global Operations. Since joining Century in 2008, Mr. Gudlaugsson has served in a variety of operational roles of increasing responsibility, including most recently as Vice President, European Operations and Managing Director of Norðurál. Century also announced that John Hoerner, Century’s Executive Vice President, North American Operations, will retire following ten years of distinguished service to the Company. Mr. Hoerner will remain with Century in an advisory role through October 2021 to assist with the transition. Is New 90 Day High Low • Feb 13
New 90-day high: €12.10 The company is up 83% from its price of €6.60 on 13 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 61% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €37.64 per share. Annonce • Feb 10
Century Aluminum Company Announces Executive Changes Century Aluminum Company announced that it has named Gunnar Gudlaugsson as Executive Vice President, Global Operations. Since joining Century in 2008, Mr. Gudlaugsson has served in a variety of operational roles of increasing responsibility, including most recently as Vice President, European Operations and Managing Director of Norðurál. Century also announced that John Hoerner, Century’s Executive Vice President, North American Operations, will retire following ten years of distinguished service to the Company. Mr. Hoerner will remain with Century in an advisory role through October 2021 to assist with the transition. Annonce • Feb 09
Century Aluminum Company to Report Q4, 2020 Results on Feb 18, 2021 Century Aluminum Company announced that they will report Q4, 2020 results After-Market on Feb 18, 2021 Annonce • Feb 05
Century Aluminum and Glencore to Supply 150,000 Metric Tons of Natur-Al™ to Hammerer Aluminium Industries Century Aluminum Company has finalized the sale of 150,000 metric tons of Natur-Al™ aluminum over five years to Austrian firm Hammerer Aluminium Industries (HAI). Natur-Al™ products are made with energy from 100% renewable sources at Century’s Norðurál Grundartangi aluminum plant in Iceland. While the product line has been in development over several years it was officially inaugurated in 2020. The aluminum will be supplied to Hammerer by Glencore. Executive Departure • Feb 01
Independent Director has left the company On the 29th of January, Cynthia Carroll's tenure as Independent Director ended after less than a year in the role. As of September 2020, Cynthia personally held 18.22k shares (€109k worth at the time). Cynthia is the only executive to leave the company over the last 12 months. Annonce • Jan 31
Century Aluminum Company Announces Resignation of Cynthia Carroll as a Director On January 29, 2021, Century Aluminum Company announced that Cynthia Carroll had resigned as a director of the Company effective January 29, 2021 in order to attend to new additional third-party board commitments. Ms. Carroll’s decision to resign was not a result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. The Company plans to begin a search for a new director who will bring skills, knowledge and experience that complement the existing Board and who will continue to expand the diversity of the Board. Is New 90 Day High Low • Jan 08
New 90-day high: €11.00 The company is up 72% from its price of €6.40 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 48% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €29.71 per share. Recent Insider Transactions • Dec 15
President recently sold €373k worth of stock On the 10th of December, Michael Bless sold around 38k shares on-market at roughly €9.71 per share. This was the largest sale by an insider in the last 3 months. Michael has been a seller over the last 12 months, reducing personal holdings by €2.9m. Is New 90 Day High Low • Dec 10
New 90-day high: €9.90 The company is up 23% from its price of €8.05 on 11 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €20.27 per share. Annonce • Dec 10
Century Aluminum Company's Century Aluminum of South Carolina Announces Preliminary Agreement with Santee Cooper for New Power Contract Century Aluminum of South Carolina (CASC), a wholly-owned subsidiary of Century Aluminum Company announced it has reached a preliminary agreement on the principal terms of a new, three-year power contract with the South Carolina Public Service Authority (also known as Santee Cooper) for the Mt. Holly aluminum smelter. The contract is expected to provide a minimum 290MW of electric power, allowing the smelter to increase its current production 50% by adding one-half of one potline to its current operation resulting in total production of 75% of Mt. Holly's full capacity. In order to provide the time necessary to finalize the new contract and obtain the necessary governmental approvals, the parties have agreed to extend the current contract (set to expire on December 31, 2020) by three months. Upon receipt of all necessary approvals, the new contract would be expected to begin on April 1, 2021 and run through December 2023. CASC has also extended the conditional WARN notice, issued on October 20, 2020 through March 31, 2021. Is New 90 Day High Low • Nov 25
New 90-day high: €8.90 The company is up 14% from its price of €7.80 on 27 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €30.21 per share. Reported Earnings • Nov 09
Third quarter 2020 earnings released: US$0.65 loss per share The company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: US$392.9m (down 10% from 3Q 2019). Net loss: US$58.2m (loss widened 181% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Nov 09
Revenue beats expectations Revenue exceeded analyst estimates by 5.1%. Over the next year, revenue is forecast to grow 3.4%, compared to a 8.9% growth forecast for the Metals and Mining industry in Germany. Is New 90 Day High Low • Oct 30
New 90-day low: €5.70 The company is down 11% from its price of €6.40 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €53.19 per share. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total losses of US$92.6m, with losses narrowing by 34% from the prior year. Total revenue was US$1.65b over the last 12 months, down 13% from the prior year. Analyst Estimate Surprise Post Earnings • Oct 30
Third-quarter earnings released: Revenue beats expectations Third-quarter revenue exceeded analyst estimates by 5.1% at US$392.9m. Revenue is forecast to grow 3.4% over the next year, compared to a 8.2% growth forecast for the Metals and Mining industry in Germany. Annonce • Oct 15
Century Aluminum Company to Report Q3, 2020 Results on Oct 29, 2020 Century Aluminum Company announced that they will report Q3, 2020 results at 5:00 PM, Eastern Standard Time on Oct 29, 2020 Is New 90 Day High Low • Oct 01
New 90-day low: €6.00 The company is down 2.0% from its price of €6.15 on 03 July 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.98 per share.