Alcan profit plunges, but stock gains

Article Abstract:

Alcan Aluminium Ltd has posted a profit of $38 million in the 1st qtr 1999, down by 67% from $117 million in the 1st qtr 1998. The company said that the profit dropped because of the 18% decline in the average price of aluminum and the weak demand as a result of worldwide economic recession. Alcan Aluminium's revenue also declined during the period to $1.8 billion from $1.9 billion from a year earlier. ;

Sales, profits & dividends, Alcan Aluminium Ltd.

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Alcan shuffles bosses, company structure

Article Abstract:

Montreal, Que.-based Alcan Inc. has announced a major management shakeup under new president and chief executive officer Travis Engen. Alcan, which has reported annual revenue of $13 billion, also has decided to increase its operating units from four to six.

Canada, Organizational history, Executive changes & profiles, Officials and employees, Appointments, resignations and dismissals

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Alcan clinches 5-year deal to supply Ford with aluminum

Article Abstract:

Montreal, Que.-based Alcan Aluminum Ltd. has signed a 5-year contract to supply Ford Motor Co. with aluminum. Alcan Aluminum, which is led by president Jacques Bougie, wants to become a leading supplier of aluminum to the global automotive sector.

Capital expenditures, Contracts & orders received, Motor Vehicles & Parts, Transportation Equipment Manufacturing, Motor Vehicles and Equipment, Finance, Contracts, Ford Motor Co., Transportation equipment industry, F, AL

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