Orion Engineered Carbons (OEC) Tops Q1 EPS by 2c
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Orion Engineered Carbons S.A. Announces First Quarter 2016 Financial Results
May 5, 2016 4:30 PM EDTFirst Quarter 2016 Highlights
Volumes increased 9.9% to 277.8 kmt compared to 252.9 kmt in the first quarter of 2015 with increases in both Specialty and Rubber Revenue decreased by 44.1 million to 246.3 million compared to the first quarter of 2015 as lower feedstock costs were partially passed along to customers mainly via indexed pricing agreements Adjusted EBITDA1 of 54.0 million and Adjusted EPS1 of 0.28 Specialty Carbon Black Adjusted EBITDA margin increased 640 basis points to 35.5% from 29.1% compared to the first quarter of 2015, as a... More