Advansix Stock Price, News & Analysis

AdvanSix (NYSE: ASIX) has announced it will release its first quarter 2025 financial results before the NYSE opening on Friday, May 2. The company will host an investor conference call at 9:30 a.m. ET the same day.

Investors can participate by dialing (844) 855-9494 (domestic) or (412) 858-4602 (international). A replay will be available from 12 noon ET on May 2 until May 9 via (877) 344-7529 (domestic) or (412) 317-0088 (international) with access code 5103628.

A real-time audio webcast and related materials will be accessible at http://investors.advansix.com, with presentation materials posted prior to the event.

AdvanSix (ASIX) reported Q4 2024 financial results with sales of $329 million, down 14% year-over-year, primarily due to a 16% decrease in volume. The company posted Q4 earnings per share of $0.01 and adjusted EPS of $0.09.

Full-year 2024 performance showed sales declining approximately 1%, with net income of $44.1 million, down $10.5 million from the previous year. Adjusted EBITDA reached $142.1 million, a decrease of $11.4 million, with margins at 9.4%. Cash flow from operations improved to $135.4 million.

Notable developments include claiming $9.7 million in 45Q carbon capture tax credits for 2018-2019 and receiving $5.3 million in insurance proceeds related to the 2019 PES supplier shutdown, with an additional final settlement of approximately $26 million expected in Q1 2025. The company declared a quarterly dividend of $0.16 per share, payable March 24, 2025.

AdvanSix (NYSE: ASIX), a diversified chemistry company, has announced it will release its fourth quarter and full year 2024 financial results before the New York Stock Exchange opens on Friday, February 21. The company will host an investor conference call at 9:30 a.m. ET on the same day.

Investors can participate by dialing (844) 855-9494 (domestic) or (412) 858-4602 (international). A replay will be available from 12 noon ET on February 21 until February 28, accessible via (877) 344-7529 (domestic) or (412) 317-0088 (international) with access code 6798006. Additionally, a real-time audio webcast and related materials will be available at http://investors.advansix.com.

AdvanSix (ASIX) reported strong Q3 2024 financial results with sales of $398 million, up 23% year-over-year. Net Income reached $22.3 million, with Adjusted EBITDA of $53.2 million and margin of 13.4%. The company saw an 11% increase in volume, 8% higher raw material pass-through pricing, and 5% favorable market-based pricing. Cash Flow from Operations improved to $57.3 million. The company was awarded a $12 million USDA grant for granular ammonium sulfate expansion. However, the company expects an approximately $17 million unfavorable impact to pre-tax income in Q4 2024 due to maintenance issues and delayed operations at the Hopewell site.

AdvanSix (NYSE: ASIX), a diversified chemistry company, has announced the release of its third quarter 2024 financial results on Friday, November 1, before the New York Stock Exchange opens. The company will also host an investor conference call at 9:00 a.m. ET on the same day.

Investors can participate in the conference call by dialing (844) 855-9494 (domestic) or (412) 858-4602 (international). A replay will be available from 12 noon ET on November 1 until November 8, accessible by dialing (877) 344-7529 (domestic) or (412) 317-0088 (international) with the access code 2537780.

Additionally, a real-time audio webcast of the presentation will be available at http://investors.advansix.com, along with related materials posted prior to the presentation. A replay of the webcast will also be available on the AdvanSix investor website following the event.

AdvanSix (NYSE: ASIX) has been awarded a $12 million grant from the USDA through the Fertilizer Production Expansion Program (FPEP). The grant will support AdvanSix's SUSTAIN initiative at its Hopewell, VA site, aiming to increase granular ammonium sulfate production by approximately 200,000 tons per year. This expansion will strengthen domestic fertilizer supply chains and create economic opportunities for American businesses.

The SUSTAIN project targets no net increase in energy consumption or emissions while expanding production. AdvanSix's ammonium sulfate directly supports over 800 high-paying jobs in central Virginia. The FPEP grant funding will be allocated as AdvanSix reaches specific milestones, supplementing the company's own investment in funds and resources.

AdvanSix (NYSE: ASIX), a diversified chemistry company, has appointed Sidd Manjeshwar as Senior Vice President and Chief Financial Officer, effective October 1st. Manjeshwar, with over 25 years of experience in investment banking and corporate leadership, will oversee global financial operations and report directly to CEO Erin Kane. He joins from Air Products and Chemicals, Inc., where he served as VP of Corporate Treasury and Investor Relations.

The appointment comes as part of a planned succession, with current CFO Michael Preston transitioning to an advisory role until his retirement at the end of 2024. This change marks a significant step in AdvanSix's transformation and growth strategy, with the company aiming to accelerate profitable growth and deliver long-term shareholder value.

AdvanSix (NYSE: ASIX), a diversified chemistry company, has announced its participation in the CL King & Associates Best Ideas Conference. Erin Kane, the company's President and CEO, will deliver a presentation on Monday, September 16, 2024, from 10:15 to 10:50 a.m. ET.

Investors and interested parties can access a real-time webcast of the presentation through the AdvanSix investor website at http://investors.advansix.com. For those unable to attend the live event, a replay of the webcast will be available on the same website for 90 days following the presentation.

This conference provides AdvanSix with an opportunity to showcase its latest developments and strategies to potential investors and industry analysts.

AdvanSix (NYSE: ASIX), a diversified chemistry company, has appointed Donald P. Newman to its Board of Directors. Newman, currently Executive VP, Finance and CFO of ATI Inc., brings extensive financial expertise and public company leadership experience. He will serve on the Audit Committee and the Health, Safety and Environmental Committee. This appointment expands AdvanSix's Board to nine members, with eight being independent.

The move reflects AdvanSix's commitment to advancing corporate governance and board effectiveness. Newman's addition is expected to contribute to the company's strategic priorities and long-term growth as a diversified chemistry company. His experience in delivering significant returns and creating shareholder value across multiple industries is seen as valuable for AdvanSix's future development.