Earnings ·
Orion S.A. reported second quarter 2026 net sales of $501 million, a 7% increase year-over-year, driven by higher oil…
OECOrion S.A.
Orion S.A. reported second quarter 2026 net sales of $501 million, a 7% increase year-over-year, driven by higher oil prices and favorable foreign currency translation. The company generated consolidated net income of $2 million and Adjusted EBITDA of $58 million, representing a 26% sequential improvement. Operating cash flow was $27 million, while free cash flow stood at $2 million despite elevated feedstock costs. Orion reaffirmed its full-year Adjusted EBITDA guidance range of $170 to $210 million and increased its full-year free cash flow guidance to a range between an outflow of $10 million and positive inflow of $20 million, reflecting working capital improvements and expected easing oil prices. The company operates in the specialty chemical industry as a global supplier of carbon black.