Welcome to our dedicated page for Graftech International news (Ticker: EAF), a resource for investors and traders seeking the latest updates and insights on Graftech International stock.
GrafTech International Ltd. (EAF) is a global leader in graphite electrode manufacturing and petroleum needle coke production, essential components for electric arc furnace steelmaking and industrial applications. This news hub provides investors and industry professionals with comprehensive updates on corporate developments, operational milestones, and market positioning.
Access official press releases and curated analysis covering earnings reports, production innovations, strategic partnerships, and sustainability initiatives. Our collection focuses on material developments affecting GrafTech's role in steel manufacturing supply chains and industrial material markets.
Key updates include product line expansions, operational efficiency improvements, and global market penetration efforts. Content is organized to highlight technological advancements in graphite material science and their implications for energy-intensive industries.
Bookmark this page for streamlined access to GrafTech's evolving business narrative. Check regularly for verified updates on quality control advancements, raw material sourcing developments, and leadership announcements critical to understanding the company's industrial impact.
GrafTech International (NYSE: EAF) reported its Q1 2025 financial results, showing mixed performance. The company achieved a 2% year-over-year growth in total sales volume to 24.7 thousand MT, with a notable 25% increase in U.S. sales volume. However, financial metrics declined with net sales of $112 million (down 18% YoY) and a net loss of $39 million ($0.15 per share).
Key achievements include a 21% year-over-year reduction in cash costs per metric ton and an 11% sequential decline from Q4 2024. The company maintained strong liquidity of $421 million, though Adjusted EBITDA was negative $4 million. The weighted-average realized price decreased 20% to approximately $4,100 per MT, reflecting competitive pressures and the completion of previous long-term sales agreements.
Looking ahead, GrafTech expects a low-double digit percentage increase in 2025 sales volume and projects a mid-single digit percentage decline in cash costs per MT. The company announced a 15% price increase for uncommitted 2025 volume.
GrafTech International (NYSE: EAF) has received a notice from the New York Stock Exchange (NYSE) regarding non-compliance with continued listing standards, as its average closing stock price fell below $1.00 over a 30-day trading period ending April 14, 2025.
The company has a six-month cure period to regain compliance by achieving both a closing share price and 30-day average closing price of at least $1.00. During this period, EAF's stock will continue trading on the NYSE, subject to other listing standards compliance.
To address this situation, GrafTech is exploring various options, including a potential reverse stock split subject to stockholder approval. The notice does not affect the company's SEC reporting requirements or ongoing business operations.
GrafTech International (NYSE:EAF) has scheduled its First Quarter 2025 Earnings Conference Call and Webcast for Friday, April 25, 2025 at 10:00 a.m. (EDT). The company's senior management will host the call to discuss Q1 2025 financial results and current business initiatives.
The financial results will be released before market open on the same day and will be available on the company's investor relations website. Interested parties can join via phone using the toll-free number +1 (800) 717-1738 in North America or +1 (289) 514-5100 for overseas calls (conference ID: 98149). A live webcast will also be accessible through the company's website.
GrafTech International (NYSE:EAF) has expanded its Board of Directors by appointing Eric V. Roegner as a new director, increasing the board size to nine members. With Roegner's addition, eight of the nine directors are now independent.
Roegner, whose term expires at the 2025 Annual Meeting of Stockholders, will serve on both the Audit Committee and Human Resources and Compensation Committee. He currently serves as Executive Vice President of Integration and Special Projects at Amcor plc, a global packaging solutions developer. His previous experience includes executive leadership roles at Arconic Inc. (formerly Alcoa Inc.) for over 12 years and a partnership at McKinsey & Co.
Roegner holds an MBA from Case Western Reserve University and a bachelor's degree in Aerospace and Mechanical Engineering from Princeton University.
GrafTech International (NYSE: EAF) reported its Q4 and full-year 2024 results, highlighting a 13% year-over-year sales volume growth to 27.2 thousand MT in Q4. Despite volume growth, the company posted a net loss of $49 million ($0.19 per share) in Q4 2024, with net sales declining 2% to $134 million compared to Q4 2023.
The company achieved a 25% year-over-year reduction in cash costs per metric ton for Q4 and a 23% reduction for the full year. However, pricing pressures persisted, with non-LTA weighted-average realized price declining approximately 19% compared to Q4 2023. GrafTech ended 2024 with total liquidity of $464 million following successful financing transactions.
For 2025, the company expects a low double-digit percentage increase in sales volume and has announced plans to increase prices by 15% on uncommitted volume. Over 60% of anticipated 2025 sales volume is already committed in the order book.
GrafTech International (NYSE: EAF) has announced a cooperation agreement with Nilesh Undavia, one of its largest stockholders owning approximately 6.7% of outstanding common stock. As part of the agreement, Sachin Shivaram has been appointed to the Board of Directors effective immediately.
The agreement also includes plans for GrafTech and Undavia to jointly identify an independent candidate for nomination to the Board at the 2025 Annual Meeting. If no mutually agreeable candidate is found in time, they will continue their search for a Board appointment.
Shivaram brings significant industry experience, currently serving as CEO of Wisconsin Aluminum Foundry Company since 2019. His background includes leadership roles at ArcelorMittal S.A. and board positions at several companies including Lodge Manufacturing, Broadwind, and the Green Bay Packers.
GrafTech International (NYSE:EAF) has announced its upcoming Fourth Quarter and Full Year 2024 Earnings Conference Call and Webcast, scheduled for Friday, February 7, 2025, at 10:00 a.m. (EST). The company's senior management will host the call to discuss financial results for Q4 and full-year 2024, along with current business initiatives.
The financial results will be released before market open on the same day and will be accessible on the company's investor relations website. Interested parties can join the conference call using the toll-free number +1 (800) 717-1738 in North America or +1 (289) 514-5100 for overseas calls, using conference ID: 51544. A live audio webcast will be available on the company's website, and archived replays will be accessible through their investor relations portal.
GrafTech International (NYSE: EAF) announced the final results of its Exchange Offers through its subsidiaries GrafTech Finance and GrafTech Global. The exchange involved outstanding 4.625% senior secured notes due 2028 and 9.875% senior secured notes due 2028 for new second lien notes due 2029.
The exchange participation was notably high, with 99.65% ($498,245,000) of the 4.625% Notes and 99.15% ($446,167,000) of the 9.875% Notes being tendered. Settlement is expected on December 23, 2024. The company also received sufficient consents to amend the existing notes indentures, eliminating most restrictive covenants and releasing collateral securing the existing notes.
GrafTech International (NYSE:EAF) has received a silver medal from EcoVadis for its sustainability performance, placing it among the top 15% of globally assessed companies. This represents an improvement from their bronze medal in the previous year.
The recognition reflects GrafTech's dedication to environmental, social, and governance (ESG) initiatives and transparency across their value chain. The EcoVadis assessment evaluates 21 sustainability criteria across four core themes: environment, labor and human rights, ethics, and sustainable procurement.
CEO Timothy Flanagan emphasized the company's commitment to positive change and responsible corporate citizenship, highlighting their contributions to steel sustainability across their global manufacturing network. EcoVadis has rated more than 130,000 companies worldwide.
GrafTech International (NYSE: EAF) announced that its subsidiaries have commenced exchange offers for their existing notes. The exchange offers include GrafTech Finance's 4.625% senior secured notes due 2028 and GrafTech Global's 9.875% senior secured notes due 2028, to be exchanged for new second lien notes due 2029 with the same interest rates. Supporting Noteholders representing approximately 89% of the 4.625% Notes and 72% of the 9.875% Notes have agreed to participate.
The exchange offers include consent solicitations to modify the existing notes' indentures, requiring majority holder consent to eliminate restrictive covenants and 66 2/3% consent to release collateral. The offers will expire on December 20, 2024, at 5:00 pm NYC time.
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