Loading...
•
Dec 31, 2020
GrafTech Q4 2020 Earnings Report
Reported sequential fourth quarter improvement across key financial metrics.
Key Takeaways
GrafTech International Ltd. reported unaudited financial results for the fourth quarter and full year ended December 31, 2020. The company achieved sequential quarterly improvement in key metrics such as production, sales volumes, net sales, earnings per share, adjusted EBITDA, and cash from operating activities.
Net sales for the quarter ended December 31, 2020 were $338 million.
Net income for the fourth quarter of 2020 was $125 million, or $0.47 per share.
Adjusted EBITDA was $176 million in the fourth quarter of 2020.
Cash flow from operating activities was $147 million in the fourth quarter of 2020.
Forward Guidance
The current market for graphite electrodes continues to be competitive, as our industry lags the improving fundamentals in the steel industry. If the strength in the steel industry continues, we would expect the graphite electrode market to improve as we move further into 2021. We remain encouraged with the long-term growth opportunity given the benefits of electric arc furnace steel production, and we believe GrafTech is well positioned for success.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...