Metal manufacturer Alcoa (NYSE:AA), Pittsburgh, PA, reported sales for the third quarter of $5.6 billion, down 10.7 percent from the same period a year ago. Profit decreased 70.5 percent to $44 million.

The decrease in sales reflects a 21 percent decline from divestitures, closures and market headwinds, partially offset by a 10 percent revenue increase from aerospace and automotive organic growth, acquisitions and Alumina sales

For the first nine months, sales were $17.3 billion, down 1.4 percent year over year. Profit for the period was $379 million, up from $109 million the prior year.

During the quarter, the company acquired RTI International Metals and announced its plan to separate into two independent companies.