Howmet Aerospace (HWM) Q4 FY24 earnings call

Howmet Aerospace closed FY24 with record financial results, driven by strong demand in Commercial Aerospace, Defense, and Industrial Gas Turbine markets, despite headwinds in Commercial Transportation. The company exceeded its guidance across key metrics, strengthened its balance sheet, and increased capital returns to shareholders. Management anticipates continued growth in FY25, albeit with a back-end loaded profit profile and a cautious outlook on narrow-body aircraft production rates.