GrafTech International Ltd. (EAF) Tops Q4 EPS by 7c

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GrafTech Reports Unaudited Fourth Quarter and Full Year 2020 Results

February 5, 2021 6:45 AM EST

Generates sequential fourth quarter improvement across key financial metrics

BROOKLYN HEIGHTS, Ohio--(BUSINESS WIRE)-- GrafTech International Ltd. (NYSE: EAF) (GrafTech or the Company) today announced unaudited financial results for the fourth quarter and full year ended December 31, 2020.

2020 Highlights

Reported net income of $434 million, or $1.62 per share Adjusted EBITDA1 of $659 million, for a 54% margin2 Generated cash flow from operating activities of $564 million Strengthened the balance sheet with debt reduction of $400 million Extended our debt maturity profile to further de-risk the balance... More