Orion Engineered Carbons (OEC) Tops Q1 EPS by 3c, Beats on Revenues; Offers FY18 Outlook
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Orion Engineered Carbons S.A. Announces First Quarter 2018 Financial Results
May 17, 2018 5:26 PM EDTEffective with this quarter and going forward the Companys reporting currency is in U.S. dollars
First Quarter 2018 Year over Year Highlights
Volumes increased by 4.0% to 286.1 kmt compared to 275.1 kmt in the first quarter of 2017 with increases in 3.1% in Specialty and 4.3% in Rubber Revenue increased by $82.6 million to $406.7 million compared to the first quarter of 2017 Profit (Net Income) of $24.2 million increased by $7.4 million from $16.8 million in first quarter of 2017 and accordingly Basic EPS increased by $0.13 to $0.41 Adjusted EBITDA1 increased... More