Benzinga | Apr 28, 2021 05:27PM EDT

Kaiser Aluminum Says Sees Additional $375M-$400M Revenue After Warrick Acquisition

"Prior to completion of the acquisition, our outlook for the full year 2021 anticipated total value added revenue up 5% to 10% year-over-year and an adjusted EBITDA margin comparable to 2020 driven by strong growth in automotive, defense and general engineering applications. With the acquisition of Warrick now completed, we have updated the full year outlook for 2021 to reflect approximately $375 million to $400 million of additional value added revenue for the remainder of the year and reiterate our expectation of an adjusted EBITDA margin comparable to 2020," stated Mr. Harvey.