Quaker Houghton (NYSE:KWR) Q1 2022 Earnings Conference Call May 6, 2022 8:30 AM ET Company Participants Andy Tometich – Chief Executive Offficer, President Jeffery Snow – Senior Director of Investor Relations Shane Hostetter – Senior Vice President, Chief Financial Officer Robert Traub – General Counsel Conference Call Participants David Begleiter – Deutsche Bank Pete Lucas – CJS Securities Mike Harrison – Seaport Global Dan Rizwan – Jefferies Operator Greetings, and welcome to Quaker Houghton first quarter ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 QUAKER CHEMICAL CORPORATION (Exact name of Registrant as specified in its charter) Pennsylvania 23-0993790 (State or other jurisdiction of incorporation or organization) 901 E. Hector Street, Conshohocken, Pennsylvania 19428 – 2380 (Address of principal executive offices) (Zip Code) (I.R.S. E ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-12019 QUAKER CHEMICAL CORPORATION (Exact name of registrant as specified in its charter) A Pennsylvania Corporation No. 23-0993790 (State or oth ...

Quaker Chemical Corporation (NYSE:KWR) Q4 2021 Earnings Conference Call February 25, 2022 8:30 AM ET Company Participants Andy Tometich – Chief Executive Offficer, President Jeffery Snow – Senior Director of Investor Relations Shane Hostetter – Senior Vice President, Chief Financial Officer Robert Traub – General Counsel Conference Call Participants Mike Harrison – Seaport Global Maria Molina – Jefferies Marisa Hernandez – Sidoti Jon Tanwanteng – CJS Securities Operator Greetings, my name is Darrell, and I ...

Forward Together ™ Quaker Houghton Investor Presentation November 2021 Quaker Houghton.. Forward Together Risks and Uncertainties Statement Regulation G The attached charts include Company information that does not conform to generally accepted accounting principles ("GAAP"). Management believes that an analysis of this data is meaningful to investors because it provides insight with respect to ongoing operating results of the Company and helps investors to evaluate the financial results of the Company. The ...

Quaker Chemical Corporation (NYSE:KWR) Q3 2021 Earnings Conference Call November 5, 2021 8:30 AM ET Company Participants Michael Barry - Chairman, CEO & President Andy Tometich - CEO Shane Hostetter - CFO Robert Traub - General Counsel David Will - Global Controller Conference Call Participants Mike Harrison - Seaport Research David Begleiter - Deutsche Bank Pete Lucas - CJS Securities Marisa Hernandez - Sidoti and Company Garo Norian - Palisade Capital Management Operator Greetings and welcome to the Quake ...

Financial Performance - Net sales for the three months ended September 30, 2021, were $449,072 thousand, a 22.3% increase from $367,224 thousand in the same period of 2020[11] - Gross profit for the nine months ended September 30, 2021, was $455,776 thousand, compared to $371,429 thousand for the same period in 2020, reflecting a 22.7% increase[11] - Operating income for the three months ended September 30, 2021, was $36,010 thousand, up from $34,859 thousand in the prior year, representing a 3.3% increase[11] - Net income attributable to Quaker Chemical Corporation for the nine months ended September 30, 2021, was $103,243 thousand, compared to a net loss of $8,812 thousand in the same period of 2020[11] - Total net sales for the three months ended September 30, 2021, were $449.1 million, a 22.3% increase from $367.2 million in the same period of 2020[50] - For the nine months ended September 30, 2021, total net sales reached $1.31 billion, up 27.4% from $1.03 billion in the same period of 2020[50] - The company reported a net income of $31.1 million, or $1.73 per diluted share, for Q3 2021, up from $27.3 million, or $1.53 per diluted share, in Q3 2020, reflecting a year-over-year increase of 14% in net income[143] - Non-GAAP earnings per diluted share for Q3 2021 were $1.63, compared to $1.56 in Q3 2020, indicating a 4.5% increase[143] - Adjusted EBITDA for Q3 2021 was $66.2 million, a 3% increase from $63.9 million in Q3 2020, driven by higher net sales and realized cost synergies of approximately $19 million[143] - Adjusted EBITDA for the nine months ended September 30, 2021, was $213.374 million, up from $156.483 million in the same period of 2020, reflecting a growth of 36.3%[178] Cash Flow and Liquidity - Cash flows from operating activities for the nine months ended September 30, 2021, were $2,509 thousand, a significant decrease from $112,048 thousand in the same period of 2020[19] - The company’s cash and cash equivalents decreased to $141,393 thousand as of September 30, 2021, from $181,895 thousand at the beginning of the period[19] - As of September 30, 2021, the Company had cash, cash equivalents, and restricted cash of $141.4 million, down from $181.9 million at the end of 2020[153] - The Company experienced a net operating cash flow of $2.5 million in the first nine months of 2021, a significant decrease from $112.0 million in the same period of 2020, primarily due to changes in working capital[146] Assets and Liabilities - Total assets as of September 30, 2021, were $2,941,827 thousand, an increase from $2,891,834 thousand as of December 31, 2020[16] - Total liabilities decreased to $1,558,131 thousand as of September 30, 2021, from $1,570,920 thousand as of December 31, 2020[16] - The total debt as of September 30, 2021, was $900.662 million, slightly up from $899.134 million as of December 31, 2020[108] - The total long-term debt as of September 30, 2021, was $839.275 million, a decrease from $849.068 million as of December 31, 2020[108] - The Company had approximately $4.4 million of deferred revenue as of September 30, 2021, compared to $4.0 million as of December 31, 2020[58] Acquisitions and Investments - The Company acquired Grindaix-GmbH for approximately $2.9 million in September 2021, enhancing its Global Specialty Businesses segment[30] - In February 2021, the Company acquired a tin-plating solutions business for approximately $25 million, with $19.6 million allocated to intangible assets[32] - The Company completed the acquisition of Coral Chemical Company for approximately $54.1 million in December 2020, providing expertise in metal finishing fluid solutions[36] - The total initial purchase price for two acquisitions closed in November 2021 was approximately $10 million, with potential earn-out provisions totaling approximately $4 million[34] Tax and Regulatory Matters - The effective tax rate for the three months ended September 30, 2021, was 2.6%, a decrease from 8.1% in the same period of 2020[88] - The cumulative liability for gross unrecognized tax benefits as of September 30, 2021, was $24 million, an increase of $1.9 million from December 31, 2020[89] - The company has a $6 million reserve for uncertain tax positions related to a corporate income tax audit with the Italian tax authorities covering tax years 2014 through 2018[95] - Houghton Deutschland GmbH is under audit by the German tax authorities for tax years 2015 through 2017, with reserves recorded for $0.9 million as of September 30, 2021[96] Operational Efficiency and Cost Management - The Company expects to reduce total headcount by approximately 400 people globally as part of its restructuring plan, with anticipated cost synergies approximating one-times the restructuring costs incurred[69] - Total share-based compensation expense for the nine months ended September 30, 2021, was $8.441 million, a decrease from $17.820 million in the same period of 2020[72] - The Company realized cost synergies of approximately $19 million in Q3 2021, compared to $17 million in Q3 2020, reflecting ongoing integration efforts[143] - The Company expects to incur additional costs related to the integration of Quaker and Houghton, with cash payments expected to be approximately 1.3 times the anticipated cost synergies of $80 million in 2022[163] Market Conditions and Sales Performance - The company experienced continued market share gains and improved end market conditions compared to the previous year[142] - Sales volume increased by approximately 10%, with an additional 4% contribution from acquisitions and a 10% increase from selling price and product mix[142] - The EMEA segment reported net sales of $122.2 million for Q3 2021, a 30% increase from $94.0 million in Q3 2020[50] - Asia/Pacific segment net sales rose to $98.7 million in Q3 2021, compared to $84.9 million in Q3 2020, marking a 16.2% increase[50] - The Global Specialty Businesses segment achieved net sales of $77.4 million in Q3 2021, up from $68.8 million in Q3 2020, reflecting a 12.5% growth[50] Miscellaneous - The Company matched 50% of the first 6% of compensation contributed to its 401(k) plan, with total contributions for the nine months ended September 30, 2021 amounting to $1.5 million[81] - The Company recorded a non-cash pension settlement charge of approximately $22.7 million during the termination of the Legacy Quaker U.S. Pension Plan[83] - The Company recognized non-income tax credits of approximately $13.3 million due to a favorable ruling by the Brazilian Supreme Court regarding indirect taxes[132] - The company recorded a $5.4 million gain on the sale of certain real property assets during the nine months ended September 30, 2021[182]

Quaker Chemical Corporation (NYSE:KWR) Q2 2021 Earnings Conference Call August 4, 2021 7:30 AM ET Company Participants Michael Barry - Chairman, CEO and President Shane Hostetter - CFO Robert Traub - General Counsel David Will - Global Controller Conference Call Participants Mike Harrison - Seaport Global Katherine Griffin - Deutsche Bank Jon Tanwanteng - CJS Securities Garo Norian - Palisade Capital Management Operator Greetings. Welcome to Quaker Houghton's Second Quarter 2021 Results Conference Call [Ope ...

Forward Together ™ Quaker Houghton Investor Presentation August 2021 Quaker Houghton.. Forward Together Risks and Uncertainties Statement Regulation G The attached charts include Company information that does not conform to generally accepted accounting principles ("GAAP"). Management believes that an analysis of this data is meaningful to investors because it provides insight with respect to ongoing operating results of the Company and allows investors to better evaluate the financial results of the Compan ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-12019 QUAKER CHEMICAL CORPORATION (Exact name of Registrant as specified in its charter) Pennsylvania 23-0993790 (State or other jurisdicti ...