secwatch.observer — SEC 8-K summary
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Issuer:     Ingevity Corp (NGVT)
CIK:        0001653477
Form:       8-K
Filed at:   2022-08-02T23:59:59+00:00
Accession:  0001653477-22-000028
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ingevity reports record Q2 sales of $419.9M, announces $325M Ozark Materials acquisition
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- Record sales $419.9M, up 17.2% YoY; net income $59.8M ($1.54 diluted EPS), adj. EPS $1.73.
- EBITDA $121.1M (second highest); adj. EBITDA margin 28.8%; operating cash flow $90.5M, free cash flow $60.9M.
- Agreed to acquire Ozark Materials for $325M to strengthen pavement marking products portfolio.
- Invested $60M in Nexeon Ltd for joint development of silicon/activated carbon EV battery technology.
- Performance and guidance details included in full press release.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1653477/000165347722000028/0001653477-22-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1653477/000165347722000028/ngvt-20220802.htm
  HTML page:      https://secwatch.observer/filing/0001653477-22-000028

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