Arab Today, arab today alba sales increase 19 in h1 2013
Last Updated : GMT 21:11:40
Arab Today, arab today
Arab Today, arab today

Alba sales increase 1.9% in H1 2013

Arab Today, arab today

Arab Today, arab today Alba sales increase 1.9% in H1 2013

Manama - BNA

Aluminium Bahrain B.S.C (Alba) was able to increase its overall sales on the back of higher production. Alba\'s sales figures for H1 2013 rose by 1.9% year-on-year to 454,428 metric tonnes (mt) ahead of the company’s own forecast for the period. Production figures year-to-date were up by 2% -- reaching 452,727 mt versus 443,533 mt for the same period in 2012. In addition, Alba was able to capitalize on the sound demand of Value- Added products and closed the first half of 2013 with an average of 66% of total shipments versus 65% for the same period in 2012. Commenting on Alba’s sales and production for H1 2013, Alba’s Chief Executive, Tim Murray said: \"Alba’s overall sales figures continued to gain momentum thanks to the successful implementation of a focused marketing strategy on the back of enhanced productivity. Alba will release its second quarter 2013 financial results and business outlook Press Release to the public on Monday, July 29, 2013, as well as upload the IR Presentation on its Investor Relations Section at www.albasmelter.com. (IY)

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