earnings
confidence high
sentiment negative
materiality 0.80
Metallus Q4 net loss $21.4M, adjusted EBITDA $8.3M; sees Q1 EBITDA higher
Metallus Inc.
2024-FY EPS reported
$0.03
revenue$1,084,000,000
- Net sales Q4 $240.5M (down 27% YoY); full-year net income $1.3M vs $69.4M in 2023.
- Adjusted EBITDA Q4 $8.3M vs $35.7M YoY; full-year $77.7M vs $169.0M in 2023.
- Ship tons Q4 130,200 (down 17% YoY); melt utilization 56%; full-year ship tons 555,500 (down 19%).
- Aerospace & defense net sales up 17% to $134.9M in 2024, now 12% of total sales.
- Q1 outlook: shipments up, avg melt utilization ~70%, capex ~$125M incl $90M govt-funded.