OEC earnings
Orion S.A. (OEC) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- Orion S.A. Reports First Quarter Earnings; Increases Full Year 2026 Adjusted EBITDA OutlookOrion S.A. (NYSE:OEC), a specialty chemical company, today reported First Quarter 2026 Net sales of $460 million, a 4% decrease from the prior year, consisting of a 11% reduction in price, predominantly from the pass-through effect of lower year-over-year oil prices, and 1% adverse mix, which was partly offset by 2% higher volumes and 6% favorable foreign currency translation. Our first quarter results improved as the quarter progressed, despite a slow start in January and February which our Rubber segment's customers attributed to winter weather conditions. Demand picked up considerably during the month of March across both segments, particularly in our Specialty business. For the quarte
- Orion S.A. Announces First Quarter 2026 Earnings Release Date and Conference Call InformationOrion S.A. (NYSE:OEC), a global specialty chemical company, today announced it will release its first quarter 2026 results after the market closes on Wednesday, May 6, 2026, to be followed by a conference call on Thursday, May 7, 2026, at 8:30 a.m. (ET). The dial-in details for the live conference call are: U.S. Toll Free: 1-877-407-4018 International: 1-201-689-8471 A conference call replay may be accessed at the following numbers through Thursday, May 21, 2026: U.S. Toll Free: 1-844-512-2921 International: 1-412-317-6671 Conference ID: 13758999 Additionally, a live and archived webca
- Orion S.A. Reports Full Year 2025 and Fourth Quarter EarningsOrion S.A. (NYSE:OEC), a specialty chemical company, today reported full year 2025 Net sales of $1.8 billion in 2025, a 4% decrease from the prior year, consisting of a 7% decline in price, including the pass-through effect of lower oil prices, offset by a 2% increase in volume and favorable foreign currency translation. Historically high levels of lower-tier tire imports into the Western Hemisphere and persistently soft demand in key industrial end-markets including transportation and polymers pressured our results, particularly in the second half of 2025. In response, Orion has focused on mitigating actions, including cost rationalization, inventory reduction and other optimization effort
- Orion S.A. Announces Fourth Quarter 2025 Earnings Release Date and Conference Call InformationOrion S.A. (NYSE:OEC), a specialty chemical company, today announced that it will release its fourth quarter 2025 results before the market opens on Tuesday, Feb. 17, 2026, to be followed by a conference call at 8:30 a.m. (ET) the same day. The dial-in details for the live conference call are as follow: U.S. Toll Free: 1-877-407-4018 International: 1-201-689-8471 A conference call replay may be accessed at the following numbers through Tuesday, March 3, 2026: U.S. Toll Free: 1-844-512-2921 International: 1-412-317-6671 Conference ID: 13757255 Additionally, a live and archived webcast of the conference
- Orion S.A. Reports Third Quarter 2025 Financial ResultsOrion S.A. (NYSE:OEC), a specialty chemical company, today announced financial results for the period ended September 30, 2025 as follows: Third Quarter 2025 Highlights Net sales of $450.9 million, down $12.5 million year over year Net loss of $67.1 million, which includes a $80.8 million impact from goodwill impairment, down $46.9 million year over year Diluted Loss per share of $1.20, down $0.85 year over year Adjusted Diluted EPS1 of $0.29, down $0.18 year over year Adjusted EBITDA1 of $57.7 million, down 28% year over year Nine Months 2025 Highlights Net sales of $1,395.0 million, down $48.3 million year over year Net loss of $49.0 million, which includes a $80.8 millio
- Orion S.A. Announces Preliminary Third Quarter 2025 Results, Business Update, and Conference Call InformationOrion S.A. (NYSE:OEC), a global specialty chemicals company, today announced a preliminary unaudited financial update for its fiscal third quarter ending September 30, 2025, and the company adjusted its full year 2025 guidance. The company also announced it will release actual third quarter 2025 results after the market closes on Tuesday, Nov. 4, 2025, to be followed by a conference call on Wednesday, Nov. 5, 2025, at 8:30 a.m. (ET). Call dial-in details are provided below. Key points: Preliminary Q3 2025 adjusted EBITDA, approximately $55 million Revised full year 2025 adjusted EBITDA guidance range: $220-$235 million Intensified focus on free cash flow generation Orion expec
- Orion S.A. Reports Second Quarter 2025 Financial ResultsOrion S.A. (NYSE:OEC), a specialty chemical company, today announced financial results for the period ended June 30, 2025 as follows: Second Quarter 2025 Highlights Net sales of $466.4 million, down $10.6 million year over year Net income of $9.0 million, down $11.5 million year over year Diluted EPS of $0.16, down $0.19 year over year Adjusted EBITDA1 of $68.8 million, down 8% year over year Adjusted Diluted EPS1 of $0.32, down $0.09 year over year Six Months 2025 Highlights Net sales of $944.1 million, down $35.8 million year over year Net income of $18.1 million, down $29.1 million year over year Diluted EPS of $0.32, down $0.48 year over year Adju
- Orion S.A. Announces Second Quarter 2025 Earnings Release Date and Conference Call InformationOrion S.A. (NYSE:OEC), a global specialty chemical company, today announced it will release its second quarter 2025 results after the market closes on Wednesday, Aug. 6, 2025, to be followed by a conference call on Thursday, Aug. 7, 2025, at 8:30 a.m. (ET). The dial-in details for the live conference call are: U.S. Toll Free: 1-877-407-4018 International: 1-201-689-8471 A conference call replay may be accessed at the following numbers through Thursday, Aug. 21, 2025: U.S. Toll Free: 1-844-512-2921 International: 1-412-317-6671 Conference ID: 13753912 Additionally, a live and archived webcast of the conference call will be available in the Investor Relations section of the company'
- Orion S.A. Reports First Quarter 2025 Financial ResultsOrion S.A. (NYSE:OEC), a specialty chemical company, today announced financial results for the period ended March 31, 2025 as follows: First Quarter 2025 Highlights Net sales of $477.7 million, down $25.2 million year over year Net income of $9.1 million, down $17.6 million year over year Diluted EPS of $0.16, down $0.29 year over year Adjusted EBITDA1 of $66.2 million, down 22% year over year Adjusted Diluted EPS1 of $0.22, down $0.30 year over year 1 The reconciliations of Non-U.S. GAAP ("GAAP") measures to the respective most comparable GAAP measures are provided in the section titled Reconciliation of Non-GAAP Financial Measures below. "First quarter results were
- Orion S.A. Announces First Quarter 2025 Earnings Release Date and Conference Call InformationOrion S.A. (NYSE:OEC), a specialty chemical company, today announced that the company will release its first quarter 2025 results after the market closes on Wednesday, May 7, 2025, to be followed by a conference call on Thursday, May 8, 2025, at 8:30 a.m. (ET). The dial-in details for the live conference call are as follow: U.S. Toll Free: 1-800-245-3047 International: 1-203-518-9765 A conference call replay may be accessed at the following numbers through Thursday, May 22, 2025: U.S. Toll Free: 1-844-512-2921 International: 1-412-317-6671 Conference ID: 11158909 Additionally, a live and archived webcast of the conference call will be available in the i
- Orion S.A. Announces Financial Results For The Full Year Ended December 31, 2024Orion S.A. (NYSE:OEC), a specialty chemical company, today announced financial results for the fourth quarter and full year of 2024. Fourth Quarter 2024 Financial Highlights Net sales of $434.2 million, down $34.0 million, year over year Net income of $17.2 million, up $12.3 million, year over year. Diluted EPS of $0.30 up $0.22, year over year. Adjusted Diluted EPS1 of $0.35, up $0.18, year over year. Adjusted EBITDA1 of $61.7 million, down $4.9 million, year over year Full Year 2024 Financial Highlights Net sales of $1,877.5 million, down $16.4 million, year over year. Net income of $44.2 million, down $59.3 million, year over year. Diluted EPS of $0.76 down $0.97, year
- Orion S.A. Announces Preliminary Full Year 2024 UpdateOrion S.A. (NYSE:OEC), a global specialty chemicals company, today announced a preliminary unaudited financial update for its fiscal year ending December 31, 2024. Orion now expects 2024 adjusted EBITDA to be nominally below our guidance range of $305-$315 million, due primarily to foreign exchange translation impacts related to the strengthening dollar and one-time costs associated with a cost reduction plan. Weaker than anticipated Rubber segment volumes late in the fourth quarter and slightly less favorable Specialty segment mix were also factors and would have positioned the company at the lower end of guidance, excluding the items noted above. In the fourth quarter, Orion commenced a
- Orion S.A. Reports Third Quarter 2024 Financial ResultsOrion S.A. (NYSE:OEC), a specialty chemical company, today announced financial results for period ended September 30, 2024 as follows: Third Quarter 2024 Highlights Net sales of $463.4 million, down $2.8 million year over year Net loss of $20.2 million, which includes a $42.5 million impact from the loss due to misappropriation of assets, net of income tax benefit, down $46.4 million year over year Diluted Loss per share of ($0.35), which includes impact due to misappropriation of assets of ($0.72), down $0.79 year over year Adjusted EBITDA1 of $80.1 million, up 4% year over year Adjusted Diluted EPS1 of $0.47, down $0.02 year over year Nine Months 2024 Highlights Net sales o
- Orion S.A. Announces Third Quarter 2024 Earnings Release Date and Conference Call InformationOrion S.A. (NYSE:OEC), a specialty chemical company, today announced that the company will release its third quarter 2024 results after the market closes on Thursday, November 7, 2024, to be followed by a conference call on Friday, August 8, 2024, at 8:30 a.m. (ET). The dial-in details for the live conference call are as follow: U.S. Toll Free: 1-877-407-4018 International: 1-201-689-8471 A conference call replay may be accessed at the following numbers through Friday, November 22, 2024: U.S. Toll Free: 1-844-512-2921 International: 1-412-317-6671 Conference ID: 13748613 Additionally, a live and archived webcast of the co
- Orion S.A. Reports Second Quarter 2024 Financial ResultsOrion S.A. (NYSE:OEC), a specialty chemical company, today announced financial results for period ended June 30, 2024 as follows: Second Quarter 2024 Highlights Net sales of $477.0 million, up $18.2 million, year over year Net income of $20.5 million, down $9.6 million, year over year Diluted EPS of $0.35, down $0.16, year over year Adjusted EBITDA1 of $75.1 million, down 14%, year over year Adjusted Diluted EPS1 of $0.41, down $0.12, year over year Six Months 2024 Highlights Net sales of $979.9 million, up $20.4 million, year over year Net income of $47.2 million, down $25.2 million, year over year Diluted EPS of $0.80, down $0.40, year over year Adjusted EB
- Orion S.A. Announces Second Quarter 2024 Earnings Release Date and Conference Call InformationOrion S.A. (NYSE:OEC), a specialty chemical company, today announced that the company will release its second quarter 2024 results after the market closes on Thursday, August 1, 2024, to be followed by a conference call on Friday, August 2, 2024, at 8:30 a.m. (ET). The dial-in details for the live conference call are as follow: U.S. Toll Free: 1-877-407-4018 International: 1-201-689-8471 A conference call replay may be accessed at the following numbers through Friday, August 16, 2024: U.S. Toll Free: 1-844-512-2921 International: 1-412-317-6671 Conference ID: 13747301 Additionally, a live and archived webcast of t
- Orion S.A. Reports First Quarter 2024 Financial ResultsOrion S.A. (NYSE:OEC), a specialty chemical company, today announced financial results for period ended March 31, 2024 as follows: Three Months 2024 Highlights Net sales of $502.9 million, up $2.2 million, year over year Net income of $26.7 million, down $15.6 million, year over year Diluted EPS of $0.45, down $0.25, year over year Adjusted EBITDA1 of $85.3 million, down 16%, year over year Adjusted Diluted EPS1 of $0.52, down $0.22, year over year 1 The reconciliations of Non-U.S. GAAP ("GAAP") measures to the respective most comparable GAAP measures are provided in the section titled Reconciliation of Non-GAAP Financial Measures below. "Congratulations to the
- Orion S.A. Announces First Quarter 2024 Earnings Release Date and Conference Call InformationOrion S.A. (NYSE:OEC), a specialty chemical company, today announced that the company will release its first quarter 2024 results after the market closes on Thursday, May 2, 2024, to be followed by a conference call on Friday, May 3, 2024, at 8:30 a.m. (EDT). The dial-in details for the live conference call are as follow: U.S. Toll Free: 1-877-407-4018 International: 1-201-689-8471 A replay of the conference call may be accessed by phone at the following numbers through Thursday, May 16, 2024: U.S. Toll Free: 1-844-512-2921 International: 1-412-317-6671 Conference ID: 13745882 Additionally, a live and archived web
- Orion S.A. Announces Financial Results For The Full Year Ended December 31, 2023Orion S.A. (NYSE:OEC), a specialty chemical company, today announced financial results for the full year of 2023. Full Year 2023 Financial Highlights Net sales of $1,893.9 million, down $137.0 million, year over year. Net income of $103.5 million, down $2.7 million, year over year. Diluted EPS of $1.73 for the years ended December 31, 2023 and 2022. Adjusted Diluted EPS1 of $1.92, down $0.04, year over year. Record Adjusted EBITDA1 of $332.3 million, up $20.0 million, year over year. Fourth Quarter 2023 Financial Highlights Net sales of $468.2 million, up $6.1 million, year over year Net income of $4.9 million, down $7.3 million, year over year. Diluted EPS of $
- Orion S.A. Announces Full Year 2023 Earnings Release Date and Conference Call InformationOrion S.A. (NYSE:OEC), a specialty chemical company, today announced that the company will release its full year and fourth quarter 2023 results after the market closes on Wednesday, February 14, 2024, to be followed by a conference call on Thursday, February 15, 2024, at 8:30 a.m. (EST). The dial-in details for the live conference call are as follow: U.S. Toll Free: 1-877-407-4018 International: 1-201-689-8471 A replay of the conference call may be accessed by phone at the following numbers through Thursday, February 29, 2024: U.S. Toll Free: 1-844-512-2921 International: 1-412-317-6671 Conference ID: 13743654 Ad
- Orion S.A. Reports Nine Month and Third Quarter Financial ResultsOrion S.A. (NYSE:OEC), a specialty chemical company, today announced financial results for the nine months and the third quarter of 2023. Nine Months 2023 Highlights Net sales of $1,425.7 million, down $143.1 million, year over year Net income of $98.6 million, up $4.6 million, year over year Record Diluted EPS of $1.65, up $0.12, year over year Record Adjusted EBITDA1 of $265.7 million, up 8%, year over year Record Adjusted Diluted EPS1 of $1.76, up $0.06, year over year Third Quarter 2023 Highlights Net sales of $466.2 million, down $76.9 million, year over year Net income of $26.2 million, down $5.6 million, year over year Diluted EPS of $0.44, down $0.08, ye
- Orion S.A. Announces Third Quarter 2023 Earnings Release Date and Conference Call InformationOrion S.A. (NYSE:OEC), a specialty chemical company, today announced that the company will release its third quarter 2023 results after the market closes on Thursday, Nov. 2, 2023, to be followed by a conference call on Friday, Nov. 3, 2023, at 8:30 a.m. (EDT). The dial-in details for the live conference call are as follow: U.S. Toll Free: 1-877-407-4018 International: 1-201-689-8471 A replay of the conference call may be accessed by phone at the following numbers through Thursday, Nov. 17, 2023: U.S. Toll Free: 1-844-512-2921 International: 1-412-317-6671 Conference ID: 13741913 Additionally, a live and arch
- Orion S.A. Reports Second Quarter Financial ResultsOrion S.A. (NYSE:OEC), a specialty chemical company, today announced financial results for the second quarter of 2023. Second Quarter 2023 Financial Highlights Net sales of $458.8 million, down $82.4 million, year over year Net income of $30.1 million, up $0.4 million, year over year Diluted EPS of $0.51, up $0.02, year over year Adjusted EBITDA1 of $87 million, up 5%, year over year Adjusted Diluted EPS1 of $0.53, down $0.05, year over year 1 The reconciliations of Non-U.S. GAAP ("GAAP") measures to the respective most comparable GAAP measures are provided in the section titled Reconciliation of Non-GAAP Financial Measures below. "We achieved our second highest quarterl
- Orion S.A. Announces Second Quarter 2023 Earnings Release Date and Conference Call InformationOrion S.A. (NYSE:OEC), a specialty chemical company, today announced that the company will release its second quarter 2023 results after the market closes on Wednesday, Aug. 9, 2023, to be followed by a conference call on Thursday, Aug. 10, 2023, at 8:30 a.m. (EDT). The dial-in details for the live conference call are as follow: U.S. Toll Free: 1-877-407-4018 International: 1-201-689-8471 A replay of the conference call may be accessed by phone at the following numbers through Thursday, Aug. 17, 2023: U.S. Toll Free: 1-844-512-2921 International: 1-412-317-6671 Conference ID: 13740048 Additionally,
- Orion Engineered Carbons Reports Record First Quarter Financial ResultsOrion Engineered Carbons (NYSE:OEC), a specialty chemical company, today announced financial results for the first quarter of 2023. First Quarter 2023 Financial Highlights Net sales of $500.7 million, up $16.2 million, year over year Net income of $42.3 million, up $9.8 million, year over year Diluted EPS of $0.70, up $0.17, year over year Record Adjusted EBITDA1 of $101 million, up 22%, year over year Record Adjusted Diluted EPS1 of $0.74, up $0.17, year over year Record rubber Gross profit per ton2 of $467 1 The reconciliations of Non-U.S. GAAP ("GAAP") measures to the respective most comparable GAAP measures are provided in the section titled Reconciliation of Non-GAA
- Orion Engineered Carbons Announces First Quarter 2023 Earnings Release Date and Conference Call InformationOrion Engineered Carbons (NYSE:OEC), a specialty chemical company, today announced that the company will release its first quarter 2023 results after the market closes on Thursday, May 4, 2023, to be followed by a conference call on Friday, May 5, 2023, at 8:30 a.m. (EDT). The dial-in details for the live conference call are as follow: U.S. Toll Free: 1-877-407-4018 International: 1-201-689-8471 A replay of the conference call may be accessed by phone at the following numbers through May 12, 2023: U.S. Toll Free: 1-844-512-2921 International: 1-412-317-6671 Conference ID: 13737334 Additionally, a live and archived webcast of the conference call will be available in the investor relati
- Orion Engineered Carbons Announces Full Year and Fourth Quarter 2022 Financial ResultsOrion Engineered Carbons (NYSE:OEC), a specialty chemical company, today announced financial results for the full year and fourth quarter of 2022. Full Year 2022 Highlights Net sales of $2,030.9 million, up $484.1 million, year over year Net income of $106.2 million, down $28.5 million, year over year. Prior year included the Evonik cash settlement of $79.5 million Diluted EPS of $1.73, down $0.48, year over year. Prior year included the Evonik cash settlement of $1.30 per share Adjusted Diluted EPS1 of $1.96, up $0.23, year over year Record Adjusted EBITDA1 of $312.3 million, up $43.9 million, year over year Fourth Quarter 2022 Highlights Net sales of $462.1 million, up $69.
- Orion Engineered Carbons Announces Full Year and Fourth Quarter 2022 Earnings Release Date and Conference Call InformationOrion Engineered Carbons (NYSE:OEC), a specialty chemical company, today announced that the company will release its full year and fourth quarter 2022 results after the market closes on Thursday, February 16, 2023, to be followed by a conference call on Friday, February 17, 2023, at 8:30 a.m. (EST). The dial-in details for the live conference call are as follow: U.S. Toll Free: 1-877-407-4018 International: 1-201-689-8471 A replay of the conference call may be accessed by phone at the following numbers through February 24, 2023: U.S. Toll Free: 1-844-512-2921 International: 1-412-317-6671 Conference ID: 13735260 Additionally, a live and archived webcast of the conference call will be ava
- Orion Engineered Carbons Announces Third Quarter Financial ResultsOrion Engineered Carbons (NYSE:OEC), a specialty chemical company, today announced financial results for the third quarter of 2022. Third Quarter 2022 Financial Highlights Net sales of $543.1 million, up $150.1 million, year over year Net income of $31.8 million, up $10.8 million, year over year Diluted earnings per share ("EPS") of $0.52, up $0.17, year over year Adjusted Diluted EPS1 of $0.57, up $0.12, year over year Adjusted EBITDA1 of $80.5 million, up $14.1 million, year over year 1 The reconciliations of Non-U.S. GAAP ("GAAP") measures to the respective most comparable GAAP measures are provided in the section titled Reconciliation of Non-GAAP Financial Measures b
- Orion Engineered Carbons Announces Third Quarter 2022 Earnings Release Date and Conference Call InformationOrion Engineered Carbons (NYSE:OEC), a specialty chemical company, today announced that the company will release its third quarter 2022 results after the market closes on Thursday, November 3, 2022, to be followed by a conference call on Friday, November 4, 2022, at 8:30 a.m. (EDT). The dial-in details for the live conference call are as follow: U.S. Toll Free: 1-877-407-4018 International: 1-201-689-8471 A replay of the conference call may be accessed by phone at the following numbers through November 11, 2022: U.S. Toll Free: 1-844-512-2921 International: 1-412-317-6671 Conference ID: 13733158 Additionally, a live and archived webcast of t
- Orion Engineered Carbons Announces Second Quarter Financial ResultsOrion Engineered Carbons (NYSE:OEC), a specialty chemical company, today announced financial results for the second quarter of 2022. Second Quarter 2022 Financial Highlights Net sales of $541.2 million, up $140.2 million, year over year Net income of $29.7 million, down $59.4 million, year over year; prior year includes $79.5 million cash for Evonik settlement Diluted EPS of $0.49, down $0.98, year over year; prior year includes $79.5 million cash for Evonik settlement Adjusted EPS1 of $0.58, down $0.04, year over year Record Adjusted EBITDA1 of $83.4 million, up $4.6 million, year over year 1 The reconciliations of Non-U.S. GAAP ("GAAP") measures to the respective most comp
- Orion Engineered Carbons Announces Second Quarter 2022 Earnings Release Date and Conference Call InformationOrion Engineered Carbons (NYSE:OEC), a specialty chemical company, today announced that the company will release its second quarter 2022 results after the market closes on Thursday, August 4, 2022, to be followed by a conference call on Friday, August 5, 2022, at 8:30 a.m. (EDT). The dial-in details for the live conference call are as follow: U.S. Toll Free: 1-877-407-4018 International: 1-201-689-8471 A replay of the conference call may be accessed by phone at the following numbers through August 12, 2022: U.S. Toll Free: 1-844-512-2921 International: 1-412-317-6671 Conference ID: 13731069 Additionally, a live and archived webcast of the co
- Orion Engineered Carbons S.A. Announces First Quarter Financial ResultsOrion Engineered Carbons S.A. (NYSE:OEC), a specialty chemical company, today announced financial results for the first quarter of 2022. First Quarter 2022 Financial Highlights Net sales of $484.5 million, up $124.4 million, year over year Net income of $32.5 million, up $9.0 million, year over year Basic EPS of $0.53, up $0.14, year over year Adjusted EPS1 of $0.57, up $0.06, year over year Record Adjusted EBITDA1 of $83.2 million, up $12.3 million, year over year 1 The reconciliations of Non-GAAP measures to the respective most comparable GAAP measures are provided in the section titled Reconciliation of Non-GAAP Financial Measures below. Recent News Announced investme
- Orion Announces Plans to Build Only Acetylene-based Conductive Additives Plant in U.S.Orion Engineered Carbons (NYSE:OEC), a specialty chemical company, today announced plans to build the only plant in the U.S. producing acetylene-based conductive additives – a critical link in the value chain for lithium-ion batteries, high-voltage cables and other products powering the global transition to electrification and renewable energy. Orion's planned facility in La Porte, Texas, south of Houston, will be backed by a long-term agreement for acetylene supplied from a neighboring site owned by Equistar Chemicals LP, a subsidiary of LyondellBasell. Acetylene is a colorless gas widely used as a chemical building block. Orion's production process turns acetylene into a powder, which i
- Orion Engineered Carbons Announces First Quarter 2022 Earnings Release Date and Conference Call InformationOrion Engineered Carbons (NYSE:OEC), a leading global supplier of specialty and high-performance carbon black, today announced that the company will release its first quarter 2022 results after the market closes on Thursday, May 5, 2022, to be followed by a conference call on Friday, May 6, 2022, at 8:30 a.m. (EDT). The dial-in details for the live conference call are as follow: U.S. Toll Free: 1-877-407-4018 International: 1-201-689-8471 A replay of the conference call may be accessed by phone at the following numbers through May 12, 2022: U.S. Toll Free: 1-844-512-2921 International: 1-412-317-6671 Conference ID: 13727988 Additionally, a live a
- Orion Engineered Carbons S.A. Announces Full Year and Fourth Quarter 2021 Financial ResultsOrion Engineered Carbons S.A. (NYSE:OEC), a global supplier of specialty and high-performance carbon black, today announced financial results for the full year and fourth quarter of 2021. Full Year 2021 Highlights Delivered second highest adjusted EBITDA Continued strong performance in our Specialty and Rubber businesses, despite disruptions to the global economy Advanced key investments: U.S. emissions controls, Ravenna expansion, and second plant in China Reinstated dividend at a level that enhances shareholder returns without impeding continued growth investments Net sales of $1,546.8 million, up $410.4 million, year over year Net income of $134.7 million, up $116.5 million,
- Orion Engineered Carbons Appoints Jeffrey Glajch as Chief Financial OfficerOrion Engineered Carbons (NYSE:OEC), a leading global supplier of specialty and high-performance carbon black, announced today that Jeffrey Glajch has accepted the role of chief financial officer for Orion with a planned joining date of April 18, 2022. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220216005768/en/Jeffrey Glajch (Photo: Business Wire) Glajch will succeed Bob Hrivnak, who currently serves in the dual role of interim CFO and chief accounting officer. Hrivnak will continue as chief accounting officer. Glajch has over 30 years of experience leading corporate finance and accounting control functions for both public a
- Orion Engineered Carbons Announces Full Year 2021 Earnings Release Date and Conference Call InformationOrion Engineered Carbons (NYSE:OEC), a leading global supplier of specialty and high-performance carbon black, today announced that the company will release its full year 2021 results after the market closes on Thursday, February 17, 2022, to be followed by a conference call on Friday, February 18, 2022, at 8:30 a.m. (EST). The dial-in details for the live conference call are as follow: U.S. Toll Free: 1-877-407-4018 International: 1-201-689-8471 A replay of the conference call may be accessed by phone at the following numbers through February 25, 2022: U.S. Toll Free: 1-844-512-2921 International: 1-412-317-6671 Conference ID: 13725776 Additiona
- Orion Engineered Carbons S.A. Announces Third Quarter Financial ResultsOrion Engineered Carbons S.A. (NYSE:OEC), a global supplier of specialty and high-performance carbon black, today announced financial results for the third quarter of 2021. Third Quarter 2021 Highlights Reinstated dividend at a level that enhances shareholder returns without impeding continued investments aimed at driving growth in differentiated applications and raising Orion's long-term earnings potential Continued strong performance in our Specialty business, despite disruptions to the global economy Advanced key investments: U.S. emissions controls, Ravenna expansion, and initiated construction of second plant in China, positioning the company for growth from increased demand for
- Orion Engineered Carbons Reinstates Interim Quarterly Dividend – Resuming Return of Capital to ShareholdersOrion Engineered Carbons (NYSE:OEC), a leading global supplier of specialty and high-performance carbon black, today announced that its board of directors has declared an interim dividend to be paid in the first quarter of 2022 in the aggregate amount of $1.25 million, which is equivalent to approximately $0.02 per Common Share of the company. The interim dividend will be paid on January 12, 2022, to holders of record as of the close of business on January 5, 2022. Luxembourg withholding tax at a rate of 15% will be deducted from each interim dividend, subject to exemptions and reductions in certain circumstances. "Our primary capital allocation objective remains to invest in differentiat
- Orion Engineered Carbons Announces CFO Transition, Appointment of Robert Hrivnak as Interim CFOOrion Engineered Carbons (NYSE:OEC), a leading global supplier of specialty and high-performance carbon black, announced today that Lorin Crenshaw has decided to leave his position as chief financial officer to accept a leadership role at another public company. He will remain with Orion as an adviser until November 21, 2021. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211027006009/en/Bob Hrivnak – Interim Chief Financial Officer at Orion Engineered Carbons (Photo: Business Wire) "We appreciate the contributions Lorin made to the company during his tenure," CEO Corning Painter said. "He has provided strong strategic financial
- Orion Engineered Carbons Announces Third Quarter 2021 Earnings Release Date and Conference Call InformationOrion Engineered Carbons (NYSE:OEC), a leading global supplier of specialty and high-performance carbon black, today announced that the company will release its third quarter 2021 results after the market closes on Thursday, November 4, 2021, to be followed by a conference call on Friday, November 5, 2021, at 8:30 a.m. (EST). The dial-in details for the live conference call are as follow: U.S. Toll Free: 1-877-407-4018 International: 1-201-689-8471 A replay of the conference call may be accessed by phone at the following numbers through November 12, 2021: U.S. Toll Free: 1-844-512-2921 International: 1-412-317-6671 Conference ID: 13723520
- Orion Engineered Carbons S.A. Announces Second Quarter Financial ResultsOrion Engineered Carbons S.A. (NYSE:OEC), a global supplier of specialty and high-performance carbon black, today announced financial results for the second quarter of 2021. Second Quarter 2021 Highlights Achieved second highest Adjusted EBITDA since IPO. Positioned the company to complete EPA investments, capture growth in differentiated markets and generate substantial free cash flow in 2023. Received cash payment of $79.5 million, resolving longstanding dispute with Evonik, substantially bolstering financial position. Net sales of $401.0 million, up $198.4 million, year over year. Net income of $89.1 million, up $106.9 million, year over year. Basic EPS of $1.47, up $1.77,