secwatch.observer — SEC 8-K summary
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Issuer:     Orion S.A. (OEC)
CIK:        0001609804
Form:       8-K
Filed at:   2026-05-06T23:59:59+00:00
Accession:  0001628280-26-031402
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud

Orion S.A. Reports Q1 2026 Net Loss of $10M on $460M Sales; Raises Full-Year Adjusted EBITDA Outlook
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- Q1 2026 net sales $460M, down 4% YoY, with 11% price decline partly offset by 2% volume growth and 6% FX.
- Consolidated net loss of $10M vs. $9.1M profit in Q1 2025; Adjusted EBITDA of $46M, down from $66.2M.
- Net debt-to-trailing 12-month Adjusted EBITDA ratio stood at 4.2x at quarter end.
- Orion increased its full-year 2026 Adjusted EBITDA outlook despite sluggish tire build rates and energy price volatility.
- CEO Corning Painter cited agility in executing price increases and surcharges amid Middle East conflict dynamics.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1609804/000162828026031402/0001628280-26-031402-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1609804/000162828026031402/oec-20260506.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-031402

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