Healthy volumes and favorable spreads drive perf. FCF generation remains strong; Reiterate Buy Novelis delivered another strong quarter. Adj. EBITDA increased 12% QoQ to USD357m (our estimate: USD319m), as volumes grew 9% QoQ (+8% YoY) to 870kt and EBITDA/t improved (from an already strong base) by 2% QoQ to...