secwatch.observer — SEC 8-K summary
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Issuer:     GRAFTECH INTERNATIONAL LTD (EAF)
CIK:        0000931148
Form:       8-K
Filed at:   2024-02-14T23:59:59+00:00
Accession:  0000931148-24-000019
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GrafTech Q4 net loss $217M includes $171M goodwill impairment; adj EBITDA negative $22M
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- Net loss of $217M ($0.85/share) vs net income of $50M a year ago; full-year net loss $255M.
- Adjusted EBITDA negative $22M for Q4, down from positive $80M in Q4 2022.
- Sales volume 24K MT, down 13% YoY; weighted-average non-LTA price ~$4,800/MT, down >20%.
- Announced indefinite suspension of St. Marys production, reducing capacity 12% to ~178K MT.
- Expects annualized cost savings of ~$25M; 2024 capex guided $35-40M vs $54M in 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/931148/000093114824000019/0000931148-24-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/931148/000093114824000019/gti-20240214.htm
  HTML page:      https://secwatch.observer/filing/0000931148-24-000019

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer