Algoma debt free, but 2005 profits down.Rising energy and raw material costs combined with cyclical cyclical Of or relating to a variable, such as housing starts, car sales, or the price of a certain stock, that is subject to regular or irregular up-and-down movements. steel prices cut into Algoma Algoma may refer to:
n. The end of a year. adj. Occurring or done at the end of the year: a year-end audit. Noun 1. profits. Profits fell to $239.6 million from an historic high a year ago of $343.8 million. For its fourth quarter, the company recorded $55 million, up slightly from the $30.8 million in the previous quarter, but significantly lower than the $122.2 million during the fourth quarter in 2004. |
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