Quaker Chemical Stock Price, News & Analysis

Quaker Houghton will showcase its portfolio of innovative metal finishing and metalworking solutions at Extrusion Technology 2022 in Orlando, FL from May 3-5, 2022. The company aims to address industry challenges such as quality, corrosion protection, and safety. Featured products include HOUGHTO-ETCH™, HOUGHTO-COLOR™, and HOUGHTO-SEAL™. Experts from Quaker Houghton will deliver presentations on water-based metalworking fluid development and anodized aluminum coating thickness. The event highlights Quaker Houghton's role as a leader in metalworking solutions.

Quaker Houghton (NYSE: KWR) showcases its passivation and cleaning technologies for steel at the Galvanizers Association 112th Meeting from March 27-30, 2022 in Myrtle Beach, South Carolina. Highlighting a range of surface treatments, including hexavalent chromium, trivalent chromium, and chromium-free technology, the company's Lab Manager, Linfeng Gou, will present on March 28 about zinc surface chemistry. Quaker Houghton aims to enhance efficiency and safety in steel production with its comprehensive line of solutions.

Quaker Houghton (KWR) reported strong financial results for Q4 2021 with net sales of $447 million, up 16% from Q4 2020. Despite a net income decline to $18.1 million, adjusted EBITDA was $60.7 million. The company faced challenges from raw material cost increases and supply chain disruptions, particularly in the automotive sector. Acquisitions during Q4 are expected to add approximately $13 million in net sales and $2 million in adjusted EBITDA for 2022. Looking ahead, Quaker anticipates continued cost pressures but aims to implement pricing adjustments to recover margins.

The Board of Directors of Quaker Houghton (NYSE: KWR) has declared a quarterly cash dividend of $0.415 per share. This dividend will be payable on April 29, 2022, to shareholders of record at the close of business on April 14, 2022. Quaker Houghton is recognized as a global leader in industrial process fluids, serving advanced industries worldwide, including automotive, aerospace, and mining. With a workforce of 4,200 employees, the company focuses on improving operational efficiency through innovative solutions and customized services.

Quaker Houghton (NYSE: KWR) will release its fourth quarter and full year 2021 earnings on February 24, 2022, after market close. An investor call is scheduled for February 25, 2022, at 8:30 a.m. ET. Interested parties can join via phone or live audio webcast on Quaker Houghton's investor relations website. Dial-in options include a toll-free number and an additional toll number. For those unable to attend, a digital replay will be available until March 4, 2022 with specific dial-in instructions provided.

Quaker Houghton (NYSE: KWR) has declared a quarterly dividend of $0.415 per share, scheduled for payment on January 31, 2022. Shareholders on record as of January 17, 2022 will receive this dividend. Quaker Houghton is a global leader in industrial process fluids, operating in over 25 countries and serving various advanced industries including steel, aluminum, automotive, and aerospace. The company, headquartered in Conshohocken, Pennsylvania, employs approximately 4,200 professionals, providing innovative solutions and customized services to enhance operational efficiency.

Quaker Houghton (NYSE: KWR) reported a strong third quarter for 2021, achieving net sales of $449.1 million, a 22% increase year-over-year. Net income rose to $31.1 million, or $1.73 per diluted share, compared to $27.3 million in the prior year. The company noted a significant impact from raw material cost increases and supply chain disruptions, leading to lower gross margins of 32.3%. Despite challenges, Quaker Houghton expects continued demand and plans further price increases to mitigate rising costs. Recent acquisitions are projected to add approximately $15 million in annual net sales.

Quaker Houghton (NYSE: KWR) will release its third quarter earnings on November 4, 2021, after market close. The investor call is scheduled for November 5, 2021, at 8:30 a.m. ET. Investors can participate via phone or listen to a live audio webcast on the company's investor relations website. The conference call can be accessed by dialing +1-877-269-7756 (toll-free) or +1-201-689-7817 (toll). A digital replay will be available until November 11, 2021, and archived webcasts can also be accessed through the investor relations page.