Suncoke Energy ( (SXC) ) has released its Q4 earnings. Here is a breakdown of the information Suncoke Energy presented to its investors.
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SunCoke Energy, Inc. is a company specializing in the production of high-quality coke for the steel and foundry industries, with operations in the United States and Brazil, and a logistics business that handles bulk materials. The company reported its 2024 earnings with a net income of $95.9 million and adjusted EBITDA of $272.8 million, alongside a record safety performance. Despite a decrease in revenues due to lower coal costs, the company’s logistics segment experienced favorable results driven by new business and pricing adjustments. SunCoke also benefited from a one-time gain related to the elimination of legacy liabilities, contributing to the positive financial performance. Looking ahead to 2025, SunCoke anticipates a challenging market with lower margins on coke sales but remains confident in its solid balance sheet and focus on safety and capital allocation strategies.
