Kaiser Aluminum(US:KALU)2025-10-23 14:00Financial Performance - The company's 3Q 2025 EBITDA reached $81 million, resulting in an EBITDA margin of 23.2%[18] - The company anticipates a 20% to 25% year-over-year increase in 2025 EBITDA[18] - The net debt leverage ratio improved to 3.6x [18] - The company expects FY 2025 Free Cash Flow to be in the range of $30 to $50 million [50] End Market Analysis - Aero/HS shipments decreased by 30% in 3Q25 compared to 3Q24 [23] - Aero/HS conversion revenue decreased by 22% in 3Q25 compared to 3Q24 [26] - Packaging shipments increased by 7% in 3Q25 compared to 3Q24 [23] - Packaging conversion revenue increased by 7% in 3Q25 compared to 3Q24 [26] - General Engineering conversion revenue increased by 6% in 3Q25 compared to 3Q24 [26] - Automotive conversion revenue increased by 10% in 3Q25 compared to 3Q24 [26] Outlook and Strategy - The company expects Aero/HS shipments and conversion revenue to decline approximately 10% year-over-year [48] - The company anticipates Packaging conversion revenue to increase by 12% to 15% year-over-year [48] - The company expects General Engineering shipments and conversion revenue to increase by 5% to 10% year-over-year [49] - The company anticipates Automotive conversion revenue to increase by 3% to 5% year-over-year, with a 5% to 7% decrease in shipments [49]