ATI Inc (N:ATI)
Business Focus: Aerospace & Defense
| Sector: Industrials | Industry: Aerospace & Defense |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 2021 McKinney Avenue, Suite 1100 DALLAS TX 75201 |
| Tel: | N/A |
| Website: | https://www.atimaterials.com |
| IR: | See website |
| Key People | ||
| Robert S. Wetherbee Chairman of the Board, Chief Executive Officer | Kimberly A. Fields President, Chief Operating Officer, Director | Donald P. Newman Chief Financial Officer, Executive Vice President - Finance |
| Tina K. Busch Senior Vice President, Chief Human Resource Officer | Netta Washington Executive Vice President - High Performance Materials and Components | Jimmy Williams Senior Vice President, Chief Technology Officer |
| Timothy J. Harris Senior Vice President, Chief Digital, Information Officer | Vaishali S. Bhatia Senior Vice President, Chief Compliance Officer, General Counsel | Michael B. Miller Chief Accounting Officer, Vice President, Corporate Controller |
| Business Overview |
| ATI Inc. is an integrated specialty materials and components company. The Company operates through two segments: High Performance Materials & Components (HPMC) and Advanced Alloys & Solutions (AA&S). Its HPMC segment produces a range of high-performance materials, including titanium and titanium-based alloys, nickel- and cobalt-based and other specialty materials, in long product forms such as ingot, billet, bar, rod, wire, shapes and rectangles, and seamless tubes, plus precision forgings, components, and machined parts. Its HPMC segment products are used in aerospace and defense, medical, and energy markets. The Company's AA&S segment produces zirconium and related alloys, including hafnium and niobium, nickel-based alloys, titanium and titanium-based alloys, and specialty alloys in a variety of forms including plate, sheet and Precision Rolled Strip (PRS) products. Its AA&S products are used in energy, aerospace and defense, automotive, and electronics markets. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, ATI Inc revenues increased 9% to $4.17B. Net income increased 27% to $410.8M. Revenues reflect High performance materials & components segment increase of 29% to $2.12B, Rest of the world segment increase of 21% to $740.4M, France segment increase of 40% to $219.4M. Net income benefited from Loss (gain) on asset sales and sales of decrease of 100% to $400K (expense). |
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