Orion Engineered Carbons SARL ( (OEC) ) has released its Q2 earnings. Here is a breakdown of the information Orion Engineered Carbons SARL presented to its investors.
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Orion Engineered Carbons SARL, a specialty chemical company, is a leading global supplier of carbon black, used in various applications such as tires, coatings, and plastics. The company, with a rich history and extensive global presence, focuses on delivering high-performance and sustainable solutions.
In its second quarter of 2025 financial report, Orion S.A. reported a decline in net sales and net income compared to the previous year, reflecting ongoing challenges in the market. Despite these challenges, the company highlighted improved plant performance and maintained its free cash flow expectations for the year.
Key financial metrics for the second quarter showed net sales of $466.4 million, a decrease of $10.6 million year-over-year, and a net income of $9.0 million, down by $11.5 million. The adjusted EBITDA stood at $68.8 million, marking an 8% decline. The company also announced plans to discontinue production at multiple facilities to optimize operations.
For the first half of 2025, Orion reported net sales of $944.1 million, a decrease of $35.8 million year-over-year, and a net income of $18.1 million, down by $29.1 million. The company faced persistent demand headwinds, particularly in the Specialty Carbon Black segment, but saw a volume increase in the Rubber Carbon Black segment.
Looking ahead, Orion’s management remains focused on improving cash flow and navigating macroeconomic uncertainties. The company has revised its adjusted EBITDA guidance range, reflecting no significant recovery in industrial end markets for the remainder of 2025, while reaffirming its free cash flow guidance.