GrafTech International Ltd. (EAF) Tops Q3 EPS by 4c

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Go back to GrafTech International Ltd. (EAF) Tops Q3 EPS by 4c

GrafTech Reports Third Quarter 2021 Results

November 5, 2021 6:45 AM EDT

Continued Strength in Market Conditions Supporting Improved Pricing and Profitability

BROOKLYN HEIGHTS, Ohio--(BUSINESS WIRE)-- GrafTech International Ltd. (NYSE: EAF) (GrafTech or the Company) today announced financial results for the quarter and nine months ended September 30, 2021.

Third Quarter 2021 and Other Highlights

Net income of $120 million, or $0.45 per share, and net income margin of 35% Adjusted EBITDA1 of $172 million, for a 50% adjusted EBITDA margin2 Sales volume increased 33% compared to the third quarter of 2020 Reduced debt $100 million and $300 million year-to-date through the third... More