Novelis Reports Strong Fiscal Year 2012 Results

Novelis achieved record EBITDA per tonne, up 3% year-over-year and announced net income, excluding special items, of $218 million, up 6% year-over-year for fiscal 2012. The company reported record free cash flow before capex of $614 million. Novelis has also increased its recycled content from 33% to 39% through global recycling investments. Read the press release.