Welcome to our dedicated page for Quaker Houghton news (Ticker: $KWR), a resource for investors and traders seeking the latest updates and insights on Quaker Houghton stock.
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Quaker Houghton, the global leader in industrial process fluids, announced its first quarter 2024 results with net sales of $469.8 million, net income of $35.2 million, and earnings per diluted share of $1.95. The Company delivered adjusted EBITDA of $83.3 million, showing a 6% increase compared to the previous year. Gross margins improved by 400 basis points, marking the 7th consecutive quarterly year-over-year increase. Quaker Houghton generated $27.2 million of operating cash flow in Q1'24, reflecting a strong start to the year.
