AdvanSix reports Q4 adjusted EPS 9c vs. (10c) last year

Reports Q4 revenue $329M vs. $382M last year. “Our diverse portfolio, advantage of our business model and favorable industry dynamics – particularly in Plant Nutrients and Acetone – enabled us to successfully navigate a challenging operational year and deliver full year Adjusted EBITDA of $142M, Adjusted Earnings Per Share of $1.96, and positive Free Cash Flow,” said Erin Kane, CEO. “We funded key growth and enterprise initiatives including our SUSTAIN program, returned cash to shareholders and maintained our healthy balance sheet. As we worked to deliver outcomes in the year, we also made significant progress on two key enterprise developments. First, we have successfully concluded our multi-year efforts to recover losses associated with the 2019 PES cumene supplier shutdown, including $5.3M of insurance proceeds in the fourth quarter of 2024 and a final omnibus settlement of approximately $26M in the first quarter of 2025. Second, we were pleased to be one of the first industrial companies to be recognized for our use of carbon capture technologies in our manufacturing process, claiming $9.7M in 45Q tax credits for the 2018 and 2019 tax years, representing a meaningful medium- to long-term value driver as we continue to pursue these credits for subsequent periods.”