---
schema_version: "secwatch.filing_event.v1"
accession: "0000074303-24-000100"
form_type: "8-K"
ticker: "OLN"
cik: "0000074303"
company_name: "OLIN Corp"
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T08:47:27.873129+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Olin Q1 net income falls to $48.6M ($0.40 EPS) from $156.3M; sees Q2 sequential improvement

## Summary
- Q1 2024 net income $48.6M ($0.40 diluted EPS) vs $156.3M ($1.16 EPS) in Q1 2023; adjusted EBITDA $242.1M vs $434.1M.
- Chlor Alkali earnings down to $76.6M from $245.9M; Epoxy loss $11.8M vs profit $21.4M; Winchester up to $72.2M from $61.0M.
- Guidance: Q2 2024 adjusted EBITDA expected to improve sequentially; full year 2024 similar to or slightly higher than 2023.
- Appointed Dr. Florian Kohl as VP and President of Epoxy; Damian Gumpel continues as VP Corporate Strategy.
- Quarterly dividend declared $0.20 per share, payable June 14, 2024; share repurchases of $105.4M in Q1.

## SEC filing metadata
- accession: 0000074303-24-000100
- form_type: 8-K
- ticker: OLN
- cik: 0000074303
- company_name: OLIN Corp
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 5.07, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/74303/000007430324000100/0000074303-24-000100-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/74303/000007430324000100/oln-20240424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000074303-24-000100
- JSON: https://secwatch.observer/filing/0000074303-24-000100.json
- Plain text: https://secwatch.observer/filing/0000074303-24-000100.txt

## Key facts
- Earnings Releases
  OLIN Corp reported the first quarter ended March 31, 2024 results: revenue $1,635.3 million, net income $48.6 million, EPS $0.40 per diluted share. Guidance reaffirmed.
  - Period: the first quarter ended March 31, 2024
  - Revenue: $1,635.3 million
  - Net income: $48.6 million
  - EPS: $0.40 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: and amortization expense of $129.7 million and restructuring charges of $8.3 million. First quarter 2023 adjusted EBITDA was $434.1 million. Sales in the first quarter 2024 were $1,635.3 million, compared to $1,844.3 million in the first quarter 2023. Ken Lane, President and Chief Executive Officer, said, “All first quarter 2024 business segment results improved
  evidence_url: https://www.sec.gov/Archives/edgar/data/74303/000007430324000100/0000074303-24-000100-index.htm
- Executive change
  Damian Gumpel changed role as Vice President of Corporate Strategy at OLIN Corp.
  - Action: continued
  - Role: Vice President of Corporate Strategy
  source text: Following the reassignment of the role of President of Epoxy to Dr. Kohl, Mr. Gumpel will continue to serve as Vice President of Corporate Strategy.
  evidence_url: https://www.sec.gov/Archives/edgar/data/74303/000007430324000100/0000074303-24-000100-index.htm
- Executive change
  Florian Kohl was appointed as Vice President and President of Epoxy at OLIN Corp.
  - Action: appointed
  - Role: Vice President and President of Epoxy
  source text: On April 25, 2024, the Board of Directors of Olin appointed Dr. Florian Kohl to Vice President and President of Epoxy.
  evidence_url: https://www.sec.gov/Archives/edgar/data/74303/000007430324000100/0000074303-24-000100-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.