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Dec 31, 2019
Ecovyst Q4 2019 Earnings Report
PQ Group reported Q4 2019 results with sales declining 7.3% and net income of $19.1 million.
Key Takeaways
PQ Group Holdings Inc. reported a decrease in sales by 7.3% compared to Q4 2018. Net income for the quarter was $19.1 million, with a diluted EPS of $0.14. The company's Adjusted EBITDA was $103.1 million.
Sales for the fourth quarter were $352.4 million, a 7.3% decrease from Q4 2018.
Net income was $19.1 million, with diluted EPS of $0.14.
Adjusted net income was $18.0 million, with Adjusted diluted EPS of $0.13.
Adjusted EBITDA was $103.1 million.
Forward Guidance
The outlook for 2020 is impacted by the limited recovery in demand for Performance Chemicals products in the first part of the year. While three of our business units are set for healthy growth, the Catalysts business is projected to decline following an excellent year in 2019.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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