Orion Engineered Carbons SARL ( (OEC) ) has released its Q1 earnings. Here is a breakdown of the information Orion Engineered Carbons SARL presented to its investors.
Orion S.A. is a global leader in the production of carbon black, which is used in various high-performance applications such as tires, coatings, and batteries, with a strong focus on innovation and sustainability across its 14 production facilities worldwide.
In its first quarter of 2025, Orion S.A. reported a decline in net sales and net income compared to the previous year, primarily due to unplanned plant downtime and unfavorable foreign exchange rates. Despite these challenges, the company remains optimistic about future performance improvements.
Key financial metrics for the quarter included net sales of $477.7 million, a decrease of 5% year-over-year, and a net income of $9.1 million, down by 65.9% from the previous year. The company’s adjusted EBITDA also saw a decline of 22.4% to $66.2 million. The Rubber Carbon Black segment experienced a volume increase, while the Specialty Carbon Black segment saw a decline due to lower demand in the Americas.
Looking ahead, Orion S.A. anticipates improvements in free cash flow and operational performance, with expectations for a better second quarter in the absence of significant macroeconomic disruptions. The company maintains its free cash flow guidance and sees 2025 and 2026 as pivotal years for financial growth.