earnings
confidence high
sentiment neutral
materiality 0.65
GrafTech Q2 2022 net income $115M, EPS $0.44; revenue up 10% to $364M
GRAFTECH INTERNATIONAL LTD
2022-Q2 EPS reported
$0.92
revenue$729,891,000
- Net income $115M ($0.44 EPS) vs $28M in Q2 2021, which included $88M change-in-control charges.
- Adjusted EBITDA $158M, 44% margin; sales volume 42k MT (-1% YoY); net sales $364M (+10% YoY).
- Reduced debt by $40M in Q2 ($110M H1); repurchased $30M of stock in Q2 ($60M H1).
- Non-LTA weighted-average realized price $6,000/MT, up 46% YoY; LTA price $9,600/MT.
- Outlook: volatile steel markets, softening in Western Europe; full-year capex expected $70-80M.