Ferroglobe (GSM) Misses Q1 EPS by 2c
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Ferroglobe Reports First Quarter Results of 2019
June 3, 2019 4:07 PM EDTQ1 sales of $456.8 million, compared to $603.5 million in Q4 2018 and $560.7 million in Q1 2018Q1 net loss of $(28.6) million compared to a net loss of $(74.2) million in Q4 2018 and a net profit of $35.6 million in Q1 2018Q1 adjusted net loss attributable to parent of $(22.3) million compared to a net profit of $4.9 million in Q4 2018 and a net profit of $33.3 million in Q1 2018Q1 adjusted EBITDA of $11.8 million compared to $32.1 million in Q4 2018 and $89.6 million in Q1 2018Net debt at... More
Ferroglobe announces the sale of Spanish hydro facilities with one ferroalloys plant to TPG Sixth Street Partners
June 3, 2019 4:06 PM EDTCompany to divest 100% of subsidiary FerroAtlántica, S.A.U. the owner of ten hydroelectric facilities, with a combined capacity of 167 MW, and of the Cee-DumbrÃa ferroalloys plant.The transaction is a key milestone in Ferroglobe's strategy of divesting non-core assets to strengthen its balance sheet.The transaction values FerroAtlántica S.A.U. at 170 million.
LONDON, June 03, 2019 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) (Ferroglobe or the Company), the worlds leading producer of silicon metal, and a leading silicon- and manganese-based specialty alloys... More
