Sales of $381.7 million; Net Loss of $(140.1) million; Adjusted EBITDA of $(7.2) million Q3 sales of $381.7 million, compared to $409.5 million in Q2 2019 and $524.4 million in.
Ferroglobe (GSM) has witnessed a significant price decline in the past four weeks, and is seeing negative earnings estimate revisions as well.
Ferroglobe PLC (GSM) (“Ferroglobe” or the “Company”), the world’s leading producer of silicon metal and a leading silicon- and manganese-based specialty alloy producer, is pleased to announce that it has appointed Beatriz García-Cos Muntañola as Chief Financial Officer (“CFO”), effective October 17, 2019. Ms. García-Cos most recently served as Group CFO at Bekaert NV, a leading, global steel wire transformation company, listed on the Belgium Stock Exchange, where she focused on setting and executing financial strategy, as well as leading numerous strategic projects centered on business growth and enhanced operational efficiency. Prior to Bekaert NV, she was the CFO of the mining division of Trafigura Beheer BV, one of the largest physical commodities trading groups.
Pedro Larrea Paguaga has been the CEO of Ferroglobe PLC (NASDAQ:GSM) since 2015. First, this article will compare CEO...
Ferroglobe PLC (GSM) (“Ferroglobe” or the “Company”) announced today that it has obtained the consent of its lenders for and entered into an amendment (the “Amendment”) to its existing revolving credit agreement (the “RCF”).
Does the March share price for Ferroglobe PLC (NASDAQ:GSM) reflect what it's really worth? Today, we will estimate the...
With the uncertainties created by the COVID-19 pandemic and potential implications for Ferroglobe’s operating environment and financial results, the Company continues to prepare financial scenarios for the near-term, which its external auditor is auditing. The time and attention needed to gather and present relevant information to the auditors has impeded the Company’s ability to complete its Annual Report by the April 30, 2020 due date. As a result, the Company is relying on the Securities and Exchange Commission’s Orders under Section 36 of the Securities and Exchange Act of 1934, as amended, dated March 4, 2020 and March 25, 2020 (Release Nos.
Ferroglobe PLC (GSM) (“Ferroglobe” or the “Company”) today announced the closing of a new, five-year $100 million North American asset-based revolving credit facility (the “ABL Revolver”), between Globe Specialty Metals, Inc. (“Globe”) and QSIP Canada ULC, each a subsidiary of the Company, as borrowers and PNC Bank, National Association (“PNC”), as lender and agent. The ABL Revolver replaces the Company’s revolving credit facility (the “RCF”).
Ferroglobe PLC (GSM) (“Ferroglobe” or the “Company”), the world’s leading producer of silicon metal and a leading silicon- and manganese- based specialty alloy producer, announced today the following corporate developments. On September 28, 2019, Ferroglobe closed on the sale of its subsidiary Ultracore Polska ZOO, which manufactures cored wire in Poland, to an affiliate of Cedie, S.A. for $3.5 million. Additionally, the Company’s subsidiary Silicon Smelters (Pty.) Ltd. has completed the sale of its remaining timberlands in South Africa to Mphome Agric (Pty.) Ltd., for net proceeds of ZAR 130 million ($8.58 million).
Ferroglobe PLC (GSM) today announced that its U.S. subsidiary Globe Specialty Metals, Inc. (“Globe”) has formed an ad hoc trade coalition in the United States with Mississippi Silicon LLC. The two U.S. merchant producers of silicon metal have agreed to form a coalition to address international trade regulatory issues related to unfair import competition which affect both companies.
Q3 2019 Ferroglobe PLC Earnings Call
LONDON, Nov. 19, 2019 -- Ferroglobe PLC (NASDAQ:GSM) announced today that it will discuss third quarter 2019 financial results and Ferroglobe's business outlook on Tuesday,.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Ferroglobe PLC and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Dr. Levi will be based with the Company’s management team in Madrid, Spain. Dr. Levi has over thirty years of executive management and board level experience spanning the chemicals, plastic, rubber and paper industries. Dr. Levi is recognized for his track record in turning around multinational companies and transforming business units.
Q4 2019 Ferroglobe PLC Earnings Call
Adjusted EBITDA of $(38.1) million in Q4 2019 and of $(37.0) million in Full Year 2019 Q4 2019 results: Sales of $364.4 million compared to $381.7 million in Q3 2019, and.
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 752 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
LONDON, Nov. 19, 2019 -- Ferroglobe PLC (NASDAQ: GSM) (“Ferroglobe” or “the Company”), the world’s leading producer of silicon metal, and a leading silicon- and manganese-based.
LONDON, Feb. 18, 2020 -- Ferroglobe PLC (NASDAQ:GSM) announced today that it will issue fourth quarter and full year 2019 financial results after the close of the market on.
Globe Specialty Metals (GSM) delivered earnings and revenue surprises of 44.44% and -3.92%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?