AdvanSix reports Q2 adjusted EPS $1.55 vs. $1.25 last year

Reports Q2 revenue $453M vs. $427.94M last year. “Our strong second quarter results, featuring top and bottom line growth as well as year-over-year cash flow improvement, reflect our collective organization’s execution and the advantages of our business model and diverse product portfolio,” said Erin Kane, president and CEO of AdvanSix. “We realized a 6% improvement in sales reflecting higher domestic nylon sales volume, a robust domestic application season for ammonium sulfate and continued strength in acetone pricing. Plant output returned to targeted utilization rates across our integrated value chain as expected and we delivered our second highest quarter of granular ammonium sulfate production ever. This performance occurred all while continuing to invest in long-term sustainable growth including our SUSTAIN program.”