Ecovyst reports Q4/FY2021 sales up 23%; guides 16% Adjusted EBITDA growth in 2022

Ecovyst Inc.

2021-FY EPS reported -$1.02 revenue$611,201,000

FY2021 sales $611.2M (+23% YoY); net income $1.8M (diluted EPS $0.01); Adjusted EBITDA $227.6M (+18%).
Q4 sales $170.2M (+37%); Adjusted EBITDA $63.2M (+38%); margins 30.6% (+60 bps).
2022 outlook: sales $730-$750M (up ~21% at midpoint); Adjusted EBITDA $260-$270M (up ~16%).
Adjusted Free Cash Flow guidance $115-$125M; net debt leverage reduced to 3.3x.
Sales of catalysts for renewable fuels nearly tripled vs prior year.

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