Advansix Stock Price, News & Analysis

AdvanSix (NYSE: ASIX) is set to release its second quarter 2021 financial results on Friday, July 30, before the New York Stock Exchange opens. A conference call for investors will follow at 9:00 a.m. ET, with details for participation provided in the PR. The company emphasizes its role in vital supply chains and is committed to delivering quality products across various markets, including construction, fertilizers, and electronics. Additional materials and a replay of the call will be available on their investor website.

AdvanSix (NYSE: ASIX) announced that Michael Preston, SVP and CFO, will present at the Stifel Virtual Cross Sector Insight Conference on June 8, 2021, from 2:40 – 3:10 p.m. ET. A real-time webcast of this presentation is available at http://investors.advansix.com and will be accessible for 90 days post-event. AdvanSix plays a vital role in global supply chains, providing essential products across various sectors, including construction, fertilizers, and electronics, driven by a commitment to safety, integrity, and sustainability.

AdvanSix (NYSE: ASIX) has achieved a Platinum Rating for corporate social responsibility from EcoVadis, ranking in the top one percent of assessed companies. This award follows a Gold Rating received in 2020. CEO Erin Kane emphasized this recognition underscores the company's commitment to sustainability and responsible practices. The 2021 Sustainability Report shares insights on environmental performance, ethics, and community engagement, adhering to global standards. EcoVadis evaluates sustainability in areas including Environment and Labor Rights, covering 150 countries.

AdvanSix (NYSE: ASIX) reported strong financial results for Q1 2021, marking a significant increase in sales and earnings. Sales rose by approximately 24% year-over-year to $376.4 million, driven by higher raw material pricing and volume. Net income reached $28.1 million, up from $8.6 million in Q1 2020. EBITDA grew to $55.1 million with a margin of 14.6%. The company also highlighted improved cash flow from operations of $57.1 million and free cash flow of $42.9 million. Additionally, AdvanSix acquired assets from Commonwealth Industrial Services, enhancing its product offerings.

AdvanSix (NYSE: ASIX) will announce its first quarter 2021 financial results before the market opens on April 30, 2021. A conference call for investors is scheduled for 9:00 a.m. ET on the same day. Participants can join by calling (844) 855-9494 domestically or (412) 858-4602 internationally. A replay of the call will be available until May 7, 2021. The company emphasizes its role in global supply chains, focusing on delivering quality products across various industries, including nylon solutions and plant nutrients.

AdvanSix (ASIX) reported financial results for Q4 and FY 2020, showcasing improved sales, income, and cash flow despite COVID-19 challenges. Q4 sales rose by 4.2% to $340.3 million, driven by a 7.9% increase in sales volume. Net income surged to $26.8 million, while EBITDA reached $48.5 million. For the full year, sales fell 10.8% to $1.16 billion, but net income grew to $46.1 million. The company anticipates higher production output in 2021, particularly in nylon and ammonium sulfate, along with a cash tax refund of approximately $12 million related to the CARES Act.

AdvanSix (NYSE: ASIX) reinforces its leadership in ammonium sulfate with recent investments in soybean research and operational enhancements. The company has acquired assets from Commonwealth Industrial Services, boosting its ammonium sulfate packaging and logistics capabilities in North America. The production of granular ammonium sulfate has increased, targeting 65% of output in this higher-value form. With soybean prices at a seven-year high, AdvanSix emphasizes ammonium sulfate's critical role in crop yield enhancement, offering educational resources to growers.

AdvanSix (NYSE: ASIX) will release its fourth quarter and full year 2020 financial results before the NYSE opens on February 19. A conference call with investors will follow at 9:00 a.m. ET on the same day. Participants can dial in using (844) 855-9494 for domestic or (412) 858-4602 for international calls. Replay options will be available for one week post-call. AdvanSix specializes in Nylon 6 production and sells various chemicals, leveraging its integrated manufacturing capabilities.