04
Feb
15:24
Allegheny Technologies increases profits, sales in 2019
US specialty metals producer Allegheny Technologies Inc saw a year-on-year boost in both its sales and profits in 2019, partially due to company divestitures, Kallanish reports.
Allegheny earned a total of $257.6 million in 2019 on sales of $4.12 billion, up from earnings of $222.4m in 2018 on sales of $4.05 billion.
The company realised pre-tax gains of $89.8m in 2019 as a result of the sale of “... non-core assets,” including oil an…
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