Orion Engineered Carbons (OEC) Tops Q2 EPS by 1c
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Orion Engineered Carbons S.A. Announces Second Quarter 2016 Financial Results
August 4, 2016 4:30 PM EDTSecond Quarter 2016 Highlights
Volumes increased 12.2% to 292.4 kmt compared to 260.5 kmt in the second quarter of 2015 with increases in both Specialty and Rubber; organic growth of 6.5% Revenue in the second quarter of 2016 amounted to 247.9 million compared to 282.3 million in the second quarter of 2015 as lower feedstock costs were partially passed along to customers mainly via indexed pricing agreements Profit (Net Income) rose to 16.5 million compared to 14.6 million in second quarter of 2015 Adjusted EBITDA1 rose to 57.7 million compared to 56.0 million in the second... More