Orion Engineered Carbons (OEC) Tops Q3 EPS by 2c
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Orion Engineered Carbons S.A. Announces Third Quarter 2015 Financial Results
October 28, 2015 5:23 PM EDTThird Quarter 2015 Highlights
Adjusted EBITDA1 of 48.0 million and Adjusted EPS1 of 0.32 Cash totaled 105.9 million after dividend payments year to date of 30.0 million, which represents a build of 65.3 million (up 93%) in cash during 2015 prior to dividend payments Volumes increased to 258.3 kmt, or 4.8%, compared to 246.4 kmt in the third quarter of 2014 with both businesses contributing to this increase Contribution Margin1 decreased by 2.6 million, or 2.4%, compared to the third quarter of 2014 as a result of oil price impacts on the Rubber... More