美鋁公司受鋁價推動，2026 年第一季業績強勁增長
Alcoa reports strong Q1 2026 growth driven by aluminum prices
美國鋁業公司(Alcoa)近日發布了2026年第一季財報，為投資者描繪出一幅「參差不齊」的圖景。
Alcoa recently released its Q1 2026 earnings, painting a "mixed" picture for investors.
儘管該公司報告營收為31.9億美元，未達分析師預期，但其連續獲利能力表現出驚人的增長。
While the company reported a revenue of $3.19 billion—missing analyst expectations—it showed impressive growth in sequential profitability.
淨利攀升至4.25億美元，這主要是受惠於原鋁價格12.3%的漲勢。
Net income climbed to $425 million, largely fueled by a 12.3% surge in primary aluminum prices.
然而，公司面臨重大的營運障礙，包括受娜瑞爾(Narelle)氣旋影響造成的物流延誤以及地緣政治緊張局勢。
However, the company faced significant operational hurdles, including logistical delays from Cyclone Narelle and geopolitical tensions.
這些因素加上高昂的能源成本，對氧化鋁部門造成了壓力，該部門報告的調整後稅息折舊及攤銷前利潤(EBITDA)為負4000萬美元。
These factors, alongside higher energy costs, created pressure within the alumina segment, which reported a negative adjusted EBITDA of $40 million.
儘管面臨這些挑戰，美國鋁業公司仍成功重啟了聖西普里安(San Ciprián)冶煉廠，並維持了14億美元的穩健現金部位。
Despite these challenges, Alcoa successfully restarted its San Ciprián smelter and maintains a solid cash position of $1.4 billion.
投資者似乎持審慎樂觀態度，重點關注該公司在全球供應鏈波動下推動獲利的能力。
Investors seem cautiously optimistic, focusing on the company’s ability to drive profitability despite global supply chain volatility.
