Novelis Reports Q3 Results: Oswego Fire Reduces Shipments, Impacts Earnings

Published: Feb 13, 2026 23:22

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Novelis recently released its fiscal 2026 Q3 results, highlighting the impact of the fire at its Oswego plant.
The production disruption at the Oswego plant is expected to reduce shipments by 72,000 mt. This resulted in a pre-tax negative impact of $54 million on adjusted EBITDA and net loss.
The net loss was further affected by a pre-tax loss of $327 million related to the fire.
Despite the decline in paired volume, net sales increased 3% YoY to $4.2 billion, primarily driven by higher average aluminum prices.

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