Aluminium Bahrain (Alba) has delivered strong results with its sales figures for H1 2011 rose by 4.3% from H1 2010 to 445,370 metric tonnes, ahead of the company’s own forecast for the period and exceeded the sales tones figures from the previous year with 18,305 metric tonnes.
Sales for the second quarter of 2011 rose to 228,357 metric tonnes versus 226,539 metric tonnes in Q2 2010. Production figures for the year-to-date were up by 3.5% from 421,659 metric tonnes for the same period of 2010. In addition, Value-Added sales accounted for 67% of the total sales in H1 2011 versus 62% for the same period in 2010.
“The increase in Alba’s sales figures is due to the successful implementation of a focused marketing strategy, and enhanced productivity achieved during the last two quarters. There has also been a sound push to boost Value-Added sales in the European market; hence, the opening of the sales office in Zurich, Switzerland will support further the developments in this zone,” the company in a statement said.
“The success Alba achieved in H1 2011 is primarily due to the remarkable team spirit shown by Alba workforce in enabling the company meet its goals. Our sales and production figures prove that progress can be accomplished despite the prevalence of severe challenges,” Laurent Schmitt, Alba’s Chief Executive, said, while commenting on Alba’s H1 2011 results.
“We are confident that with the support of our loyal and dedicated employees, Alba is well-placed and remains optimistic with a positive outlook for the remainder of 2011,” he added.