GrafTech International Ltd. (EAF) Tops Q4 EPS by 6c
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GrafTech Reports Unaudited Full Year and Fourth Quarter 2019 Results
February 6, 2020 6:45 AM ESTBROOKLYN HEIGHTS, Ohio--(BUSINESS WIRE)-- GrafTech International Ltd. (NYSE: EAF) (GrafTech or the Company) today announced unaudited financial results for the year ended December 31, 2019, including net income of $745 million, or $2.58 per share, and Adjusted EBITDA from continuing operations1 of $1,048 million.
"During the year GrafTech generated over $800 million of cash flow from operating activities, returned $360 million to shareholders in the form of dividends and share repurchases and also repaid $350 million of debt, said David Rintoul, President and Chief Executive Officer. Our long-term contracts and vertical integration into petroleum needle coke allow us to... More
