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Novelis Inc.

CIK: 13042802 Annual ReportsLatest: 2025-05-12

10-K / May 12, 2025

Revenue:$17,149,000,000
Income:$683,000,000

10-K / June 24, 2024

Revenue:$17,000,000,000
Income:$600,000,000

10-K / May 12, 2025

Company Summary: Novelis Inc.

Overview

  • Industry: Aluminum producer and recycler
  • Purpose: Shaping a Sustainable World Together
  • Global Leader: Produces innovative, sustainable aluminum products and solutions; largest recycler of aluminum worldwide
  • Markets Served: Beverage packaging, automotive, aerospace, electronics, construction, industrial, consumer durables
  • Geography: Operates in North America, Europe, Asia, and South America

Operations

  • Number of Facilities: 31 manufacturing plants across 9 countries
    • Regions: North America (15), Europe (10), Asia (4), South America (2)
  • Recycling Operations: In 15 plants, recycling post-consumer and post-industrial aluminum
  • Employees: Approximately 13,250 employees
    • Breakdown: North America (~4,930), Europe (~4,690), Asia (~1,910), South America (~1,720)
  • Annual Shipment Volume (Fiscal 2025): 3,972 kilotonnes (kt)
  • Revenue (Fiscal 2025): $17.1 billion
  • Net Sales (Fiscal 2025): $17.1 billion

Key Business Aspects

  • Product Offerings:
    • Aluminum sheets, plates, and light gauges
    • Mainly used in beverage cans, food cans, automotive structures, aerospace, electronics, construction, and consumer products
  • Largest End-Use Market: Beverage packaging (cans, foil, caps)
  • Major Customers:
    • Beverage companies (e.g., AB InBev, PepsiCo, Coca-Cola bottlers)
    • Automotive manufacturers (e.g., BMW, Ford, Toyota, Stellantis)
    • Aerospace (e.g., Airbus, Embraer)
  • Market Share & Shipments:
    • Total shipments (Fiscal 2025): 3,972 kt
    • North America: 1,534 kt
    • Europe: 1,083 kt
    • Asia: 796 kt
    • South America: 745 kt

Business Strategy

  • Focus on defending core markets (beverage, automotive)
  • Expand capacity through ongoing investments (~$5 billion in organic growth projects)
  • Emphasize sustainability by increasing recycled content (63% in Fiscal 2025)
  • Drive innovation via global Customer Solution Centers
  • Improve operational efficiencies, safety, and product quality

Market Position

  • Competes with companies like Arconic, Constellium, Kaiser Aluminum, Hulamin, Baowu, and others across different regions
  • Key differentiators include product quality, technical support, sustainability, and recycling capabilities

Summary

Novelis Inc. is a leading global manufacturer and recycler of aluminum, primarily serving markets such as beverage packaging, automotive, aerospace, and specialty applications. It operates 31 advanced facilities worldwide with a workforce of around 13,250 employees, generating $17.1 billion in revenue during fiscal 2025. The company emphasizes sustainability, innovation, and capacity expansion to maintain its market leadership in aluminum solutions.