Despite significant achievements in sales volume growth, cost reduction, and liquidity improvement, the company faced challenges with a net loss, pricing declines, potential tariffs, and safety performance issues. The sentiment is mixed, with substantial positive actions being offset by continuing difficulties.
Company Guidance
During the GrafTech Fourth Quarter 2024 Earnings Conference Call, the company provided guidance on several key metrics and strategic initiatives. GrafTech reported a 13% year-over-year increase in sales volume despite flat global steel production and graphite electrode demand. The company emphasized its successful cost rationalization efforts, achieving a 23% reduction in cash cost of goods sold (COGS) per metric ton, surpassing their initial low double-digit percentage point target. They also highlighted a $40 million reduction in working capital for the year, building on a $108 million reduction in 2023. GrafTech ended 2024 with $464 million in liquidity after completing a financing transaction that extended debt maturities to December 2029. Looking ahead to 2025, the company expects a low-double-digit percentage increase in sales volume and aims to increase prices by 15% on uncommitted volumes. Despite challenging pricing dynamics, GrafTech plans to leverage commercial momentum to expand market share, particularly in the U.S. and Europe, and to optimize their order book by focusing on higher-margin regions.
Sales Volume Growth
GrafTech increased its sales volume by 13% year-over-year in 2024, despite challenging market conditions.
Cost Reduction Achievement
The company delivered a 23% reduction in cash COGS per metric ton year-over-year, exceeding their initial expectations.
Liquidity Improvement
GrafTech ended 2024 with $464 million of liquidity, significantly enhancing its financial position.
Market Share Recovery
The company has successfully increased its market share, particularly in the U.S., through enhanced customer engagement and service.
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GrafTech International (EAF) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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EAF Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Feb 07, 2025
$1.49
$1.35
-9.40%
Nov 12, 2024
$2.07
$2.18
+5.31%
Jul 26, 2024
$0.84
$0.80
-4.76%
Apr 26, 2024
$1.61
$1.58
-1.86%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does GrafTech International Ltd (EAF) report earnings?
GrafTech International Ltd (EAF) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is GrafTech International Ltd (EAF) earnings time?
GrafTech International Ltd (EAF) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.