Earnings ·
Orion S.A. reports Q3 net sales of $473 million and raises full-year Adjusted EBITDA guidance to $190-$200 million
OECOrion S.A.
Orion S.A. reported third quarter 2026 net sales of $473 million, a 5% increase from the prior year, driven by favorable pass-through effects from higher oil prices. The company posted a consolidated net loss of $3 million and Adjusted EBITDA of $67 million, which included an approximate $17 million benefit from European emission allowances. Operating cash flow was $58 million, resulting in free cash flow of $46 million despite higher feedstock costs. Management raised its full-year 2026 Adjusted EBITDA guidance range to $190-$200 million, up from previous expectations, citing strong year-to-date results and cost savings initiatives. The company also announced plans to reduce full-year capital expenditures by $70 million.