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01 May
12:55

GrafTech earnings remain positive, margin compression seen

US electric arc furnace electrode producer GrafTech International saw its first quarter results soften on-year, but the company remains solidly in the black, Kallanish reports. GrafTech earned $197.44 million on sales of $474.99m in Q1, down from earnings of $223.67m on sales of $451.9m in Q1 2018. GrafTech attributes the sales uptick to higher volume, as the company sold 45,000 tonnes of electrodes in Q1 compare with about 42,000t in Q1 2018, with pricing ab…
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