Alto Ingredients Faces Sales Pressure: Is a Turnaround in the Cards?
Key Takeaways ALTO's sales have declined due to weak ethanol prices, lower alcohol production and reduced corn costs.The company is expanding into specialty alcohols and CO monetization to cut earnings volatility.ALTO is exiting low-margin operations and prioritizing capital projects with clearer near-term returns.Alto Ingredients (ALTO) has experienced a sustained decline in sales over the past several years, primarily due to lower average sales prices per gallon and reduced volumes of essential ingredient ...