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Stock impact report

Orion Engineered Carbons S.A. Announces Second Quarter 2019 Financial Results

Orion Engineered Carbons S.A Common Shares (OEC) 
Last orion engineered carbons s.a common shares earnings: 2/20 04:45 pm Check Earnings Report
US:NYSE Investor Relations: investor.orioncarbons.com
Company Research Source: Business Wire
HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons S.A. (NYSE: OEC), a worldwide supplier of Specialty and High-Performance Carbon Black, today announced second quarter 2019 financial results.Second Quarter 2019 HighlightsNet sales increased by $7.4 million to $399.0 million compared to $391.6 million in the second quarter of 2018Net Income of $24.7 million and basic EPS of $0.41 versus $53.1 million and $0.89 in second quarter of 2018.Prior year includes restructuring gains net of tax of $20.8 million and an EPS impact of $0.35Adjusted EPS1 of $0.53 versus $0.66 in second quarter of 2018Net cash provided by operating activities increased by $48.0 million during second quarter of 2019 to $74.1 million for the first six months of 2019 versus $38.8 million for the first six months of 2018Total Carbon Black volumes decreased year over year by 1.9% to 270.5 kmt against a record second quarter in 2018 but increased by 1.0% taking plant consolidation in South Korea into accountSequentia Show less Read more
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