GrafTech reports Q4 EPS (19c), consensus (13c)

Reports Q4 revenue $134M, consensus $131.32M. “We successfully delivered on our stated initiatives for 2024 to grow volume and market share, to cut costs and to manage our working capital and capital expenditure levels,” said Timothy Flanagan, CEO and President. “For the full year, we grew sales volume 13% and reduced our cash costs on a per metric ton basis by 23%. In addition, with the successful completion of our previously announced financing transactions, we ended the year with $464M of liquidity, which will support our ability to manage through the near-term, industry-wide challenges facing GrafTech (EAF).”