Orion S.A. reports Q2 adjusted EPS 32c, consensus 34c

Reports Q2 revenue $466.4M, consensus $470.54M. The company said, “Our second quarter results were in line with our expectations, helped by an improved sequential plant performance,. We overcame persistent demand headwinds related to elevated tire imports, which have continued to pressure key tire customers, along with broader customer hesitancy reflecting considerable macro uncertainty. Our revised 2025 Adjusted EBITDA guidance range assumes no meaningful recovery in our industrial end markets over the balance of 2025. We are resolutely focused on levers to improve cash flow. Even with the persistent macro headwinds, we expect to reach our previously conveyed goal of more than $50 million of free cash flow for 2025.”