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Orion Engineered Carbons reports lower results in 1Q 2020
For the first quarter of 2020, Orion Engineered Carbons reported net sales of US$336.0 million compared to net sales of $384.7 million a year earlier. Quarterly net income was $18.0 million, some 5% lower than net income of $19.0 million in 1Q 2019, largely due to foreign exchange rate losses; howev...
| Formato: | Online Artículo Texto |
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| Lenguaje: | English |
| Publicado: |
2020
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| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7462588/ http://dx.doi.org/10.1016/S0306-3747(20)30091-9 |
| _version_ | 1783576949382184960 |
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| collection | PubMed |
| description | For the first quarter of 2020, Orion Engineered Carbons reported net sales of US$336.0 million compared to net sales of $384.7 million a year earlier. Quarterly net income was $18.0 million, some 5% lower than net income of $19.0 million in 1Q 2019, largely due to foreign exchange rate losses; however, adjusted net income for the three months was $26.6 million, up from $23.8 million in the first quarter of 2019. Adjusted EBITDA was $63.8 million in 1Q 2020 compared to $64.6 million the previous year. |
| format | Online Article Text |
| id | pubmed-7462588 |
| institution | National Center for Biotechnology Information |
| language | English |
| publishDate | 2020 |
| record_format | MEDLINE/PubMed |
| spelling | pubmed-74625882020-09-02 Orion Engineered Carbons reports lower results in 1Q 2020 Additives for Polymers Article For the first quarter of 2020, Orion Engineered Carbons reported net sales of US$336.0 million compared to net sales of $384.7 million a year earlier. Quarterly net income was $18.0 million, some 5% lower than net income of $19.0 million in 1Q 2019, largely due to foreign exchange rate losses; however, adjusted net income for the three months was $26.6 million, up from $23.8 million in the first quarter of 2019. Adjusted EBITDA was $63.8 million in 1Q 2020 compared to $64.6 million the previous year. 2020-07 2020-09-01 /pmc/articles/PMC7462588/ http://dx.doi.org/10.1016/S0306-3747(20)30091-9 Text en |
| spellingShingle | Article Orion Engineered Carbons reports lower results in 1Q 2020 |
| title | Orion Engineered Carbons reports lower results in 1Q 2020 |
| title_full | Orion Engineered Carbons reports lower results in 1Q 2020 |
| title_fullStr | Orion Engineered Carbons reports lower results in 1Q 2020 |
| title_full_unstemmed | Orion Engineered Carbons reports lower results in 1Q 2020 |
| title_short | Orion Engineered Carbons reports lower results in 1Q 2020 |
| title_sort | orion engineered carbons reports lower results in 1q 2020 |
| topic | Article |
| url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7462588/ http://dx.doi.org/10.1016/S0306-3747(20)30091-9 |