Novelis Inc. Q2 FY26 Earnings Call | Full Recording |
Full Novelis Inc. () Q2 FY26 earnings call — complete recording with CEO/CFO commentary and analyst Q&A. Stock: Novelis Inc.
President and Chief Executive Officer, Novelis Inc.
Search every verified Steve Fisher interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Steve Fisher, President and Chief Executive Officer of Novelis, discussed the company's first quarter fiscal year 2027 results during an earnings call. He reported that adjusted EBITDA increased 24% year-over-year to $516 million and adjusted EBITDA per ton rose 30% to $563, citing stable market demand and benefits from the company's high-recycled content model and cost actions. Fisher noted that the global efficiency program achieved over $225 million in run-rate savings by the end of the first quarter, with a target of $350–400 million in total savings by the end of the next fiscal year. Fisher also provided updates on operational matters, including the restart of the Oswego hot mill in early June, with product re-qualifications complete and full production capacity expected within the quarter. He acknowledged the Oswego team's response to the restart and thanked customers for their patience. Regarding the impacts of the Oswego fires, Fisher stated that Novelis received $300 million in insurance recoveries through the end of the first quarter, and estimated the cumulative negative free cash flow impact net of insurance recoveries peaked at $1.4 billion in Q1. He additionally mentioned that the Bay Minette capital investment remains on track with commissioning underway, describing it as a cornerstone of the company's long-term growth strategy.
Full Novelis Inc. () Q2 FY26 earnings call — complete recording with CEO/CFO commentary and analyst Q&A. Stock: Novelis Inc.
Business Roundtable member Steve Fisher, President and Chief Executive Officer of Novelis, on development opportunities for the U.S. workforce: “To support the continued growth in the U.S. for companies like Novelis, it is important that the federal government pursue tax, regulatory, and education policies that are globally competitive. We also need workforce development policies that make training programs more accessible, that expand work-based learning opportunities—such as apprenticeships and community college partnerships—and develop new workforce pathways for people without a college ed…
If you enjoyed this video, please like and subscribe! It helps the channel grow and allows us to make more. Thank you! https://www.youtube.com/user/jacobmor... ---------------------------------------------- What does being a vulnerable leader mean to you? According to Steve Fisher, President and CEO of Novelis, being a vulnerable leader means acknowledging and embracing your own limitations and areas where you need assistance. It's about having the humility and self-awareness to recognize that you can't excel at everything. Instead of trying to do it all, a vulnerable leader focuses on…
Topic: Novelis: The Biggest Company in Atlanta You've Never Heard Of.
Novelis CEO Steve Fisher discusses how aluminum tariffs affect costs across the value chain and explains the impact on customers and consumers in the global aluminum market.
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