GrafTech Reports Third Quarter 2024 Results [Yahoo! Finance]
GrafTech International Ltd. (EAF)
Last graftech international ltd. earnings: 2/6 06:45 am
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Source: Yahoo! Finance
BROOKLYN HEIGHTS, Ohio, November 12, 2024 BUSINESS WIRE )--GrafTech International Ltd. (NYSE: EAF) ("GrafTech," the "Company," "we," or "our") today announced unaudited financial results for the quarter and nine months ended September 30, 2024. In a separate press release, dated November 12, 2024, the Company also announced that it has entered into a commitment and consent letter (the "Commitment Letter") with lenders holding all of its existing revolving commitments and an ad hoc group that holds over 81% of its existing secured bonds to provide new debt financing on competitive terms and extend maturities of its existing debt. Third Quarter 2024 Summary Exceeded cost reduction goals resulting in significant cost improvement Generated positive cash flow through working capital and capital expenditure management Grew sales volume 9% year-over-year to 26.4 thousand metric tons ("MT") Achieved third consecutive quarter of sequential sales volume growth Announced financing a
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