Life After Alcoa

Learn what other Alcoa retiree clubs have been up to, and share your news!

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Retirees Take ACTION for Local School
Members of the Mt. Holly Retirees Club present a check to the Devon Forest Elementary School in Goose Creek, SC. The retirees earned the $1,500 ACTION grant from the Alcoa Foundation by volunteering at the school.


Learn more about Alcoa Foundation grants available to retirees 

 

 


Strong first quarter 2013 achieved by focusing on things  we can control
Alcoa reported net income of $149 million ($0.13 per share) in first quarter 2013, delivering "a strong quarter led by record profitability in our downstream business, improved results in our midstream business, and remarkable upstream performance in the face of weak metal prices," said Klaus Kleinfeld, Alcoa Chairman and Chief Executive Officer. All segments achieved solid financial performance.

 

“Our mid and downstream businesses now account for 72 percent of our total after-tax operating income while our upstream business continues to move down the cost curve.  We achieved these results by focusing on the things we can control and by pressing Alcoa’s innovation edge, scale, and strength in end markets.”

 

1Q 2013 Highlights

  • Net income of $149 million, or $0.13 per share; excluding special items, net income of $121 million, or $0.11 per share
  • Record after-tax operating income in Engineered Products and Solutions 
  • Improved performance in Alumina and Primary Metals year-over-year, despite lower metal prices
  • Adjusted EBITDA up 16 percent sequentially and 11 percent year-over-year
  • Record-low first quarter days working capital  
  • Strong liquidity with cash on hand of $1.6 billion 
  • Debt-to-capital ratio 35 percent; net debt-to-capital ratio 31 percent  
  • Global end market growth remains solid; forecast of 7 percent global aluminum demand growth in 2013 reaffirmed

Read the full announcement 

 

Alcoa Honored for Building Opportunities for Women in 'Hard Hat' Company    
An Alcoa initiative has received the prestigious 2013 Catalyst Award honoring innovative organizational approaches that address the recruitment, development, and advancement of women in the workplace. The initiative, "Building Opportunities for Women in a 'Hard Hat' Company," showcases how Alcoa broke down barriers in a male-dominated industry and achieved greater gender representation through an aggressive diversity agenda.

 

Initiatives from The Coca-Cola Company and Unilever also were honored.

 

Since 1987, Catalyst has recognized exceptional business initiatives that advance women in the workplace with the Catalyst Award, which embodies Catalyst's vision of "Changing workplaces, Changing lives."

 

Alcoa, The Coca-Cola Company, and Unilever presented in-depth discussions of their initiatives at the 2013 Catalyst Awards Conference in New York on March 19.

 


 


Check out these discounts!Alcoa retirees are eligible for Corporate Perks, a free online program with discounts to more than 28,000 merchants. To register, you’ll need to enter an email address and this code: alcoa
Go to Corporate Perks now