Orion Engineered Carbons (OEC) Reports Q1 EPS of EUR0.36

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Go back to Orion Engineered Carbons (OEC) Reports Q1 EPS of EUR0.36

Orion Engineered Carbons S.A. Announces First Quarter 2017 Financial Results

May 4, 2017 5:19 PM EDT

First Quarter 2017 Highlights

Volumes decreased by 1.0% to 275.1 kmt compared to 277.8 kmt in the first quarter of 2016 with strong increases in Specialty of 13.3% mostly offsetting a decline in Rubber of 4.8% largely due to the plant closure of Ambès, France in December 2016 Revenue increased by 58.0 million to 304.3 million compared to the first quarter of 2016 mainly as higher feedstock costs were passed along to customers via indexed pricing agreements and certain base price increases took effect Profit (Net Income) of 15.8 million increased by 2.4 million from 13.4 million in first quarter of 2016... More