Orion Engineered Carbons (OEC) Tops Q2 EPS by 3c

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Go back to Orion Engineered Carbons (OEC) Tops Q2 EPS by 3c

Orion Engineered Carbons S.A. Announces Second Quarter 2019 Financial Results

August 1, 2019 5:07 PM EDT

HOUSTON--(BUSINESS WIRE)-- Orion Engineered Carbons S.A. (NYSE: OEC), a worldwide supplier of Specialty and High-Performance Carbon Black, today announced second quarter 2019 financial results.

Second Quarter 2019 Highlights

Net sales increased by $7.4 million to $399.0 million compared to $391.6 million in the second quarter of 2018 Net Income of $24.7 million and basic EPS of $0.41 versus $53.1 million and $0.89 in second quarter of 2018.
Prior year includes restructuring gains net of tax of $20.8 million and an EPS impact of $0.35 Adjusted EPS1 of $0.53 versus $0.66 in... More