Alcan profit tumble

Falling metal prices and poor European market conditions led to a sharp drop in British Alcan’s operating profits last year, from £103m to £31m. Turnover fell from just over £1bn to £547m. The figures were also affected by the sale last year of its downstream businesses.

Falling metal prices and poor European market conditions led to a sharp drop in British Alcan’s operating profits last year, from £103m to £31m. Turnover fell from just over £1bn to £547m. The figures were also affected by the sale last year of its downstream businesses.