Record Safety Performance
SunCoke Energy achieved a record-setting total recordable incident rate of 0.5, highlighting their strong commitment to safety.
Exceeding Financial Guidance
SunCoke delivered consolidated adjusted EBITDA of $272.8 million, surpassing the high end of their increased guidance range of $270 million. Free cash flow also exceeded expectations at $96 million, above the guidance range of $90 million.
Successful Contract Extensions
SunCoke extended the Granite City cokemaking contract through June 2025 with an option to extend through year-end.
Dividend Increase
The quarterly dividend was increased from $0.10 per share to $0.12 per share, returning approximately $38 million to shareholders.
Strong Liquidity Position
SunCoke ended the year with a cash balance of $189.6 million and full availability of a $350 million revolver, resulting in liquidity of approximately $540 million.