25 Quotes by Alain Belda

As we move forward to the fourth quarter, Alcoa expects to benefit from the current strength in aluminum prices, the continued integration of our recent acquisitions, the cost-reduction program and the seasonal strength of our packaging and consumer business,

That is the best long-term job protection we can offer all of our employees.

It was a great quarter by any measure. We did not have significant one-time effects as we did throughout the year last year.

If economic trends solidify, we should continue to see improving profitability over the second half of the year, even at current aluminum prices,

However, as these markets continued to decline in the third quarter, it became likely that even with our efforts, third-quarter earnings will probably fall below the 2000 second-quarter level.

The fourth quarter has proven to be extremely challenging as a result of lower volumes, depressed metal prices, and overall weak downstream markets.

The combination of operating efficiencies and higher prices resulted in the strongest quarter Alcoa has ever had,