GrafTech International Ltd. (EAF) Reports In-Line Q1 EPS
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GrafTech Reports First Quarter 2021 Results
May 5, 2021 6:40 AM EDTMarket trends improved throughout the first quarter
BROOKLYN HEIGHTS, Ohio--(BUSINESS WIRE)-- GrafTech International Ltd. (NYSE: EAF) (GrafTech or the Company) today announced financial results for the quarter ended March 31, 2021.
First Quarter 2021 Highlights
Reported net income of $99 million, or $0.37 per share, and net income margin of 32% Adjusted EBITDA1 of $155 million, for a 51% margin2 Generated cash flow from operating activities of $122 million Reduced debt by $150 million and lowered interest rate on our Term Loan by 100 basis points Sales... More