In addition, Value-Added sales for 2011 represented 63% of the total sales versus 62% in 2010.
Sales for the fourth quarter of 2011 rose to 227,042 mt versus 224,054 mt in Q4 2010. Production figures for the year-to-date went-up by 3.6% as compared to 850,700 mt in 2010.
“Alba’s achievement in securing a 4.5 per cent increase in sales for 2011 has been due to the dynamic teamwork shown by the Alba workforce and in their pro-active response in fulfilling Alba’s sales and production goals. In addition, the company placed greater emphasis on continuous improvement and lean management techniques as well as commitment to operational efficiency,” Alba’s Chief Executive, Laurent Schmitt said.
“Alba’s success is significant because 2011 was challenging for industries in Bahrain, and yet, this year Alba’s sales and production demonstrated a consistent upward trend. We are hopeful that Alba will witness another success story in 2012 with the active support of its workforce.”
Alba had earlier announced that the company’s production figures had reached 881,310 metric tonnes per annum (mtpa) in 2011 – the highest ever metal production in its 40-year history and a substantial leap from the 850,700 mtpa that was produced in 2010.