Welcome to our dedicated page for HARSCO news (Ticker: HSC), a resource for investors and traders seeking the latest updates and insights on HARSCO stock.
The news archive associated with the former NYSE ticker HSC captures the transition of Harsco Corporation into Enviri Corporation and the company’s ongoing activities as an environmental solutions provider. Company announcements describe Enviri as focused on managing, recycling and beneficially reusing waste and byproduct materials through its segments Harsco Environmental, Clean Earth and Harsco Rail.
News items highlight several themes. One set of releases covers the corporate rebranding and ticker change from HSC to NVRI, explaining that the new name aligns with Enviri’s emphasis on environmental services and waste‑related solutions. Other announcements detail operational developments, such as contract renewals for Harsco Environmental with major steel producers including ArcelorMittal Long Products in Quebec and Ternium sites in Latin America. These stories describe services like slag processing, metal recovery, scrap management and melt shop support that underpin steel mill operations and environmental performance.
Clean Earth‑related news focuses on specialty waste treatment and partnerships. For example, a release describes a long‑term agreement with Veolia North America that gives Clean Earth access to incineration capacity at a hazardous waste treatment facility in Arkansas, aimed at providing reliable and efficient disposal options for environmental, household and industrial waste streams.
Governance and strategic direction also appear in the news flow. Items include board appointments at Enviri and an open letter from a stockholder urging leadership and structural changes, including a review of the rail segment and board composition. Together, these articles provide context on Enviri’s business focus, customer relationships, strategic priorities and the perspectives of some investors. Readers can use this news stream to follow how the company’s environmental services platform and corporate strategy have evolved since the days when it traded under the HSC ticker.
Harsco Corporation (NYSE: HSC) will release its third-quarter 2020 earnings results on November 3, 2020, before the NYSE market opens. The results will be available via newswire and on the company's website. Following the announcement, Harsco will host a conference call at 9:00 a.m. ET that day, with dial-in options for both U.S. and international participants. Harsco Corporation is a leading provider of environmental solutions and operates in over 30 countries, employing 13,000 people. The company is part of the S&P SmallCap 600 Index and the Russell 2000 Index.
Harsco Corporation (NYSE: HSC) has appointed Wendy Livingston as Senior Vice President and Chief Human Resources Officer, effective September 2. With over 24 years at Boeing, where she supported 30,000 employees, Livingston will oversee Harsco's global HR strategy for its 13,000 employees across 30 countries. Her role includes enhancing performance and teamwork to meet financial goals. Harsco's Chairman and CEO, Nick Grasberger, expressed confidence in her leadership to accelerate the company’s transformation into an environmental solutions provider.
Harsco Corporation (NYSE: HSC) reported a second-quarter GAAP loss of $10 million or $0.14 per share, impacted by acquisition costs and expenses. Adjusted EPS reached $0.13, down from $0.23 year-over-year. Total revenues increased by 27% to $447 million, driven by acquisitions, though COVID-19 still created headwinds. Adjusted EBITDA totaled $59 million. The company generated $33 million in operating cash flow and $18 million in free cash flow, while maintaining a liquidity position of over $390 million and a net leverage ratio of 3.9x. Cost-saving actions continue amid uncertain market conditions.
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Harsco Corporation (NYSE: HSC) has released its 2019-2020 Environmental, Social & Governance (ESG) Report, detailing significant strides in sustainability. Over 80% of revenues now stem from environmental solutions, a substantial increase from 60% three years ago. The company reported saving over 5 million metric tons of carbon emissions and recycling nearly 19 million tons of material in 2019. Key future goals include deriving over 90% of annual revenue from environmental services and reducing energy intensity by 15% by 2025. The report emphasizes Harsco’s commitment to corporate sustainability amidst industry challenges.
Harsco Corporation (NYSE: HSC) has secured a $10.3 million contract with MÁV FKG Kft-t, marking the first grinder order for Hungarian Railways. This contract includes the delivery of an EU 20-stone rail grinder, enhancing railway maintenance in Hungary, which joins countries like the UK and Germany using Harsco Rail products. The RGH20C2 grinder is technologically advanced and environmentally friendly, complying with European standards. Harsco Rail President Jeswant Gill emphasized the company’s role as a reliable partner for innovative railway solutions.
Harsco Corporation (NYSE: HSC) will release its Q2 2020 earnings results on August 5, 2020, prior to the NYSE market opening. This announcement will be followed by a conference call and webcast beginning at 8:30 a.m. ET on the same day. Investors and analysts can participate by calling the provided numbers. Harsco, based in Camp Hill, PA, is a leading provider of environmental solutions and innovative technologies in the rail sector, with a presence in over 30 countries and a workforce of 13,000 employees.
Harsco Corporation (NYSE:HSC) announced an amendment to its senior secured credit facilities, enhancing its operating flexibility through December 31, 2021. The amendment allows a higher net leverage ratio of 5.25x for Q2 2020 and 5.75x for the last two quarters of 2020 and Q1 2021, reducing to 4.75x thereafter. Harsco anticipates a net leverage ratio of approximately 4x and liquidity exceeding $300 million by the end of Q2 2020. The company is taking proactive steps to strengthen its financial preparedness amid uncertainties from the COVID-19 pandemic.
CAMP HILL, Pa., June 5, 2020 (GLOBE NEWSWIRE) -- Harsco Corporation (NYSE: HSC) will participate in the Stifel 2020 Virtual Cross Sector Insight Conference on June 10. Key representatives include Chairman and CEO Nick Grasberger along with Investor Relations VP Dave Martin. Updated presentation materials are available on their website.
About Harsco Corporation: A global leader in environmental solutions for industrial waste and rail technologies, Harsco employs over 13,000 people across 30 countries. It is also part of the S&P SmallCap 600 Index and Russell 2000 Index.
Harsco Corporation (NYSE: HSC) will present at KeyBanc Capital Markets’ Industrials & Basic Materials Virtual Conference on May 26, 2020. The presentation will be led by Chairman and CEO Nick Grasberger and Investor Relations VP Dave Martin. Updated materials are available on their website.
Harsco is a leader in providing environmental solutions and innovative technologies, operating in over 30 countries with 13,000 employees. The company is part of the S&P SmallCap 600 Index and the Russell 2000 Index.