Orion Engineered Carbons (OEC) Tops Q2 EPS by 17c, Revenues Miss

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Go back to Orion Engineered Carbons (OEC) Tops Q2 EPS by 17c, Revenues Miss

Orion Engineered Carbons S.A. Announces Second Quarter 2018 Financial Results

August 2, 2018 5:33 PM EDT

Second Quarter 2018 Year over Year Highlights

Volumes increased by 3.4% to 275.6 kmt compared to 266.6 kmt in the second quarter of 2017 with increases of 3.9% of Specialty and 3.2% in Rubber Revenue increased by $62.0 million, or 18.8%, to $391.6 million compared to the second quarter of 2017 Profit (Net Income) of $52.7 million increased by $34.3 million from $18.4 million in second quarter of 2017 and accordingly Basic EPS increased by $0.57 to $0.88, while Adjusted EPS1 increased $0.29 to $0.69 Adjusted EBITDA1 increased $16.8 million or 26.1% to a record $81.1 million Specialty Carbon Black... More