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) announced that Chairman and CEO Nick Grasberger and Investor Relations VP Dave Martin will present at Baird’s 2022 Global Industrial Conference on November 10, 2022. The updated investor presentation will be accessible in the Investor Relations section of Harsco's website on the same date. Harsco is recognized for providing environmental solutions for industrial and specialty waste and operates globally across more than 30 countries, employing around 12,000 individuals.
Harsco Corporation (HSC) reported third quarter 2022 revenues of $487 million, a 4% increase year-over-year, despite foreign currency translation impacts. GAAP operating income from continuing operations reached $30 million, and adjusted EBITDA was $70 million, exceeding guidance. Earnings per share (EPS) were $0.01 GAAP and $0.10 adjusted. The company raised its full-year adjusted EBITDA guidance to $216 - $223 million. The Clean Earth segment showed robust growth, while Environmental faced challenges from currency effects and operational costs.
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Harsco Corporation (NYSE: HSC) will release its third quarter 2022 earnings results on November 1, 2022, before the NYSE market opens. An investor conference call will be held on the same day at 9:00 a.m. ET, which will be accessible via the company’s website. Harsco, a global leader in environmental solutions with over 12,000 employees, operates in more than 30 countries and is part of the S&P SmallCap 600 Index and the Russell 2000 Index. Additional details can be found on their investor relations webpage.
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Harsco Corporation (NYSE: HSC) released its 2021 Environmental, Social & Governance (ESG) Report, highlighting significant advances in sustainability. The company recycled approximately 14.3 million tons of materials and achieved 100% revenue from environmentally focused segments, up from 67% in 2016. Harsco launched 38 new environmental solutions, with a goal of avoiding 25 million tons of carbon emissions by 2025. Moreover, it exceeded its safety goal with a TRIR of 0.62. The report emphasizes Harsco's commitment to sustainable practices and innovative solutions.
Harsco Corporation (NYSE: HSC) announced a $31 million contract with Saudi Railway Company (SAR) for a 60-stone rail grinder, marking a significant milestone as their first contract in Saudi Arabia. Starting in 2022, Harsco Rail will also provide two years of grinding services. The company will establish a local presence with operators and mechanics in Saudi Arabia and a regional warehouse for parts. This collaboration underscores SAR's confidence in Harsco Rail’s technology and products, as Saudi Arabia continues to invest in its railway infrastructure as part of its Vision 2030 initiative.
Harsco Corporation (NYSE: HSC) announced an amendment to its senior secured credit facilities, enhancing its financial flexibility. The maximum net leverage ratio covenant for its revolving credit is reset to 5.50x of Adjusted EBITDA until Q4 2023, reducing to 4.00x by Q4 2024. This adjustment reflects Harsco's strategic commitment to improving its balance sheet amid economic uncertainties. The company expressed gratitude for the strong support from its banking group, aiming to reinforce its financial position during challenging market conditions.
Vontier Corporation announced the appointment of Anshooman Aga as Chief Financial Officer effective August 29, 2022. Mr. Aga succeeds David Naemura, who will assist in the transition until year-end. With over 20 years of finance experience, Aga has a strong background in growth and transformation across industrial sectors. He previously served as CFO at Harsco Corporation and Cubic Corporation. Vontier, a global technology leader in mobility solutions, expects Aga's expertise to enhance its financial performance and strategic growth initiatives.
Harsco Corporation has announced the resignation of Anshooman Aga as Chief Financial Officer, effective August 24, 2022. His departure is amicable and not related to any disagreements over corporate strategy or financial disclosures. Pete Minan, the former CFO, will serve as Interim Chief Financial Officer starting August 29, 2022, while the company searches for a permanent replacement. Harsco operates in over 30 countries and employs around 12,000 people, focusing on environmental solutions for industrial and specialty waste streams.