IBC Advanced Alloys posts record Q1 2024 profits, with $10.2M in sales and 11.9% increase in Copper Alloys division.
IBC Advanced Alloys reports record quarterly profits, setting several financial performance records with sales of $10.2M in Q1 2024, $34.3M on a trailing 12-month basis, and $27.0M in the nine-month period ended March 31, 2024. Copper Alloys division sales increase 11.9% Q/Q, and Engineered Materials division sales rise by 97.5% Q/Q, with Copper Alloys division sales setting a record of $24M in a 12-month period. Adjusted EBITDA rises to $2.5M.
May 16, 2024
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