ATI Realigns Business Portfolio To Accelerate Profitable Growth
ATI Inc. (ATI)
Last ati inc. earnings: 2/4 07:30 am
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US:NYSE Investor Relations:
ir.atimetals.com
Company Research
Source: Business Wire
Leveraging Assets and Expertise to Further Penetrate Core Markets PITTSBURGH--(BUSINESS WIRE)--Allegheny Technologies Incorporated (NYSE: ATI) today announced a realignment of its business segments to further enhance its position as a leading specialty materials manufacturer and to accelerate sustainable long-term profitable growth. Starting with first quarter 2020 financial results, ATI will report in two business segments: a streamlined High Performance Materials & Components (HPMC) segment and the new Advanced Alloys & Solutions (AA&S) segment. As a result of this business realignment, the Company expects total annualized operational and commercial synergies of approximately $7 million by year-end 2021 and $15 million by year-end 2022.Additionally, the Company today announced the next step in its proactive cost reduction efforts, building on the previously announced restructuring program, with a voluntary retirement incentive program for eligible salaried employees. In addition
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ATI
News
- ATI Announces Completion of Vandergrift Operations Expansion [Yahoo! Finance]Yahoo! Finance
- ATI Celebrates Completion of Most Advanced Materials Finishing Operations [Yahoo! Finance]Yahoo! Finance
- ATI Celebrates Completion of Most Advanced Materials Finishing OperationsPR Newswire
- ATI Inc. (NYSE: ATI) is now covered by analysts at Deutsche Bank Aktiengesellschaft. They set a "buy" rating and a $70.00 price target on the stock.MarketBeat
- Shape Memory Alloys Global Strategic Research Report 2024: Market to Reach $31.9 Billion by 2030 - Increasing Acceptance for Biomedical Applications and Micro-Electromechanical Systems [Yahoo! Finance]Yahoo! Finance
ATI
Earnings
- 2/1/24 - Beat
ATI
Sec Filings
- 4/15/24 - Form 144
- 4/12/24 - Form 144
- 3/28/24 - Form ARS
- ATI's page on the SEC website