GrafTech International Ltd. (EAF) Tops Q1 EPS by 3c

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Go back to GrafTech International Ltd. (EAF) Tops Q1 EPS by 3c

GrafTech Reports First Quarter 2022 Results

May 6, 2022 6:40 AM EDT

Solid Execution and Favorable Industry Demand Trends Drive Strong Results

BROOKLYN HEIGHTS, Ohio--(BUSINESS WIRE)-- GrafTech International Ltd. (NYSE: EAF) ("GrafTech" or the "Company") today announced financial results for the quarter ended March 31, 2022.

First Quarter 2022 Highlights

Net income of $124 million, or $0.47 per share, and adjusted earnings per share(1)(2) of $0.48 Adjusted EBITDA(1) of $170 million, for a 46% adjusted EBITDA margin(3) Sales volume of 43 thousand metric tons ("MT") increased 16% compared to the first quarter of 2021 Production volume of 46 thousand MT increased 28%... More