Orion Engineered Carbons (OEC) Tops Q1 EPS by 5c
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Orion Engineered Carbons S.A. Announces First Quarter 2015 Financial Results
May 7, 2015 4:24 PM EDTFirst Quarter 2015 Highlights
Adjusted EBITDA1 increased by 7.8% to 53.9 million compared to first quarter 2014, with strong performance in both the Specialty Carbon Black and Rubber Carbon Black segments Cash increased in the quarter by 50.2 million driven by both strong operating performance and positive net working capital development Volumes increased to 252.9 kmt from 249.3 kmt in the first quarter of 2014 Contribution Margin improved by 8.7 million, or 8.6% The lower cost of feedstock... More