GrafTech reports Q2 adjusted EPS (16c), consensus (10c)

Reports Q2 revenue $131.84M, consensus $130.44M. “We continue to deliver on our key commercial, operational and financial objectives and targets, reflecting strong execution of our strategic initiatives and our absolute focus on managing all areas within our control,” said Timothy Flanagan, Chief Executive Officer and President. “Our ability to drive strong volume growth and expand our market share in key regions, despite a challenging commercial environment, demonstrates the strength of our customer value proposition and our focus on meeting customer needs. At the same time, our team is executing cost savings initiatives that will accelerate our return to normalized profitability as the market recovers.”