OEC
Orion S.A.5.19
-0.07-1.33%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Pricing details, La Porte delay surface
Q&A drilled into Rubber's roughly $60M pricing hit—largest guidance drag—to hold market share without extra volume losses, contrasting prepared optimism on customer alignment; management expects partial 2027 recovery if demand snaps back. Free cash flow stays on track at $25-50M via payment extensions, lean inventory, and slashed CapEx, but contracts lock pricing in tight. La Porte conductive carbons slips to 2027 amid EV slowdown. Price cuts milder at 3-5% than peers. Lines shuttered in Americas, EMEA. Cautious tone persists; investors watch trade flows, freight rebound.
Key Stats
Market Cap
291.42MP/E (TTM)
-Basic EPS (TTM)
-0.57Dividend Yield
0.02%Recent Filings
8-K
Orion declares $0.0207/share dividend
Orion S.A. declared an interim quarterly dividend of $0.0207 per common share on February 26, 2026, totaling ~$1.2 million on outstanding shares. Payment hits April 2 to record holders on March 12, with 15% Luxembourg withholding tax applied. Steady cash return. Forward-looking statements note inherent risks.
10-K
FY2025 results
Orion S.A. posted FY2025 net sales of $1.81B, down 3.8% y/y amid lower oil pass-through, with volume edging up 1.5% to 949kmt on Rubber Carbon Black gains (+3.7%) offsetting Specialty declines (-4.9%). Rubber drove 66% of revenue yet saw Adjusted EBITDA drop 20% to $155M from poor mix; Specialty EBITDA fell 14% to $94M on soft demand. Q4 momentum faltered with full goodwill impairment ($81M) tied to Asian tire imports and trade woes, flipping net income to $(70M) loss. Free cash flow swung positive at $55M; $25M buybacks continued. Debt net leverage hit 4.07x; RCF amended post-year-end. Raw material volatility threatens margins.
8-K
Orion's 2025 earnings down
Orion S.A. reported 2025 net sales of $1.8B, down 4% from prior year amid tire imports and soft demand, with net loss of $70M including $81M goodwill impairment, yet Adjusted EBITDA held at $248M and free cash flow hit $55M. Q4 sales fell 5% to $412M, Adjusted EBITDA $55M. Guidance flags 2026 Adjusted EBITDA $160M-$200M. Cash prioritizes debt reduction.
8-K
CFO transition announced
Orion S.A. appointed Jonathan Puckett as CFO effective December 1, 2025, succeeding Jeffrey Glajch who retires after serving since April 2022 but stays through 2025 and consults into Q1 2026. Puckett, with 30+ years in chemicals including 14 at Celanese, gets $500,000 base, 65% target bonus, 150% LTIP, $250,000 sign-on RSUs, and $140,000 bonus. Smooth handover aids growth execution.
IPO
Website
Employees
Sector
Industry
AIQUF
L'Air Liquide SA
186.71-0.01
ALB
Albemarle Corporation
131.07-1.15
AVNT
Avient Corporation
30.50+0.02
BAK
Braskem SA
2.84-0.02
CBT
Cabot Corporation
68.00-0.70
CC
Chemours Company (The)
11.69-0.09
ESI
Element Solutions Inc.
25.53-0.53
LYB
LyondellBasell Industries NV
42.98-0.36
NGVT
Ingevity Corporation
57.26-0.26
ORGN
Origin Materials, Inc.
0.36-0.03