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Quaker(KWR) - 2025 Q1 - Quarterly Results
2025-05-01 20:35
Exhibit 99.1 NEWS Contact: Jeffrey Schnell Vice President, Investor Relations investor@quakerhoughton.com T. 1.610.832.4087 For Release: Immediate QUAKER HOUGHTON ANNOUNCES FIRST QUARTER 2025 RESULTS May 1, 2025 CONSHOHOCKEN, PA – Quaker Houghton ("the Company") (NYSE: KWR), the global leader in industrial process fluids, announced its first quarter 2025 results today. | | | | Three Months Ended | | | --- | --- | --- | --- | --- | | | | | March 31, | | | ($ in thousands, except per share data) | 2025 | | | ...
QUAKER HOUGHTON ANNOUNCES FIRST QUARTER 2025 RESULTS
Prnewswire· 2025-05-01 20:30
Core Insights - Quaker Houghton reported a decline in net sales and net income for Q1 2025 compared to Q1 2024, attributed to soft end market conditions and tariff uncertainties [3][4][10] - The company experienced a decrease in sales volumes across its segments, with a slight increase in the Asia/Pacific segment [3][10] - Strategic acquisitions in 2025 are expected to enhance growth opportunities despite current market challenges [5][15] Financial Performance - Net sales for Q1 2025 were $442.9 million, down approximately 6% from $469.8 million in Q1 2024 [3][4] - Net income attributable to Quaker Chemical Corporation was $12.9 million, or $0.73 per diluted share, compared to $35.2 million, or $1.95 per diluted share in the prior year [4][32] - Non-GAAP net income for Q1 2025 was $28.0 million, with non-GAAP earnings per diluted share at $1.58, down from $37.7 million and $2.09 respectively in Q1 2024 [4][23] Segment Performance - In the Americas segment, net sales decreased by 7% to $213.7 million, while EMEA also saw a 7% decline to $129.3 million; Asia/Pacific segment net sales decreased by 2% to $99.9 million [9][27] - Segment operating earnings for Q1 2025 were $107.8 million, down from $126.7 million in Q1 2024, with declines noted across all segments [9][27] Cash Flow and Liquidity - The company reported net cash used by operating activities of $3.1 million for Q1 2025, a significant decrease from $27.2 million provided in Q1 2024 [13] - As of March 31, 2025, total gross debt was $737.0 million, with cash and cash equivalents at $186.2 million, resulting in net debt of approximately $550.8 million [14] Strategic Acquisitions - In 2025, Quaker Houghton made three strategic acquisitions: Chemical Solutions & Innovations for approximately $3.9 million, Natech for about $6.5 million, and Dipsol Chemicals for approximately $155.2 million [15][31] - These acquisitions are expected to strengthen the company's portfolio and provide avenues for growth in 2025 and beyond [5][15]
Quaker Houghton Releases its 2024 Sustainability Report
Prnewswire· 2025-04-23 12:15
CONSHOHOCKEN, Pa., April 23, 2025 /PRNewswire/ -- Quaker Houghton (NYSE: KWR), the global leader in industrial process fluids, today announced the release of its 2024 Sustainability Report. The report details the Company's commitment to sustainability, and the progress made using its industry leading portfolio of products and services and data to See BeyondTM and lead our industry to stay ahead in a changing world. Achieved a 7% reduction in Scope 2 greenhouse gas emissions, compared to 2023 Eliminated more ...
Quaker Houghton Announces First Quarter 2025 Earnings and Investor Call
Prnewswire· 2025-04-17 20:30
Core Viewpoint - Quaker Houghton is set to release its first quarter 2025 earnings on May 1, 2025, followed by an investor call on May 2, 2025, indicating the company's ongoing commitment to transparency and communication with investors [1][2]. Company Overview - Quaker Houghton is recognized as the global leader in industrial process fluids, operating in over 25 countries and serving thousands of advanced and specialized companies across various sectors including steel, aluminum, automotive, aerospace, and mining [3]. - The company employs approximately 4,400 individuals, including chemists, engineers, and industry experts, focusing on providing innovative and sustainable solutions backed by advanced technology and deep process knowledge [3]. - Quaker Houghton is headquartered in Conshohocken, Pennsylvania, near Philadelphia, emphasizing its strategic location in the United States [3].
Strength Seen in Quaker Chemical (KWR): Can Its 14.4% Jump Turn into More Strength?
ZACKS· 2025-04-10 09:25
Group 1: Quaker Chemical (KWR) - Quaker Chemical shares increased by 14.4% to close at $111.22, following a significant volume of trading, contrasting with a 26.9% loss over the past four weeks [1] - The stock's rally is attributed to a rise in material stocks after President Trump announced a 90-day pause on reciprocal tariffs for most countries [1] - The consensus EPS estimate for Quaker Chemical is projected at $1.57, reflecting a year-over-year decline of 24.9%, with expected revenues of $457.8 million, down 2.6% from the previous year [2] Group 2: Earnings Estimate Revisions - Over the last 30 days, the consensus EPS estimate for Quaker Chemical has been revised 4.5% lower, indicating a negative trend in earnings estimate revisions, which typically does not lead to price appreciation [3] - The stock currently holds a Zacks Rank of 3 (Hold), suggesting a neutral outlook [3] Group 3: Element Solutions (ESI) - Element Solutions, another company in the specialty chemical industry, saw its consensus EPS estimate remain unchanged at $0.33, representing a year-over-year change of -2.9% [4] - Element Solutions also holds a Zacks Rank of 3 (Hold), indicating a similar neutral outlook as Quaker Chemical [4]
KWR Wraps Up Dipsol Chemicals Buyout & Announces Natech Acquisition
ZACKS· 2025-04-04 12:50
Quaker Chemical Corporation (KWR) recently completed the acquisition of Dipsol Chemicals Co., Ltd., a prominent supplier of surface treatment and plating solutions mainly for the automotive and other industrial sectors, for JPY 23 billion (roughly $153 million). Based in Japan, Dipsol operates worldwide, having generated around $82 million in revenues for the 12 months ended Dec 31, 2024. The acquisition value reflects a multiple of about 10.5 times Dipsol's trailing 12-month estimated adjusted EBITDA of ap ...
Quaker Houghton Completes its Acquisition of Dipsol Chemicals and Announces its acquisition of Natech, Ltd.
Prnewswire· 2025-04-01 20:30
Core Insights - Quaker Houghton has completed the acquisition of Dipsol Chemicals Co., Ltd. for 23 billion JPY (~$153 million), enhancing its position in the surface treatment and plating solutions market [1] - The company also announced the acquisition of Natech, Ltd. for approximately 4 million GBP (~$5.2 million), further expanding its product offerings [2] - The acquisitions are expected to accelerate growth and create shareholder value by complementing Quaker Houghton's existing technical service model and expanding its advanced solutions businesses [3] Company Overview - Quaker Houghton is a global leader in industrial process fluids, operating in over 25 countries and serving advanced industries such as steel, aluminum, automotive, and aerospace [8] - The company employs approximately 4,400 individuals, including chemists and engineers, to provide innovative and sustainable solutions to its customers [8] Financial Metrics - Dipsol reported revenues of approximately $82 million for the twelve-month period ending December 31, 2024, with an estimated adjusted EBITDA of around $15 million [1] - The purchase price for Dipsol represents a multiple of approximately 10.5x its trailing twelve-month estimated adjusted EBITDA [1]
KWR Acquires Dipsol Chemicals to Boost Portfolio of Advanced Solutions
ZACKS· 2025-03-28 13:50
Quaker Chemical Corporation (KWR) recently entered into a purchase agreement to acquire Dipsol Chemicals Co. Ltd. for JPY 23 billion (roughly $153 million). Dipsol is a leading supplier of surface treatment and plating solutions and services, mainly for automotive and other industrial applications. It is headquartered in Japan and had revenues of approximately $82 million over the 12-month period ending Dec. 31, 2024. This strategic investment aims to accelerate growth and create shareholder value by using ...
Quaker Houghton Expands Advanced Solutions Portfolio Through its Acquisition of Dipsol Chemicals
Prnewswire· 2025-03-25 11:30
CONSHOHOCKEN, Pa., March 25, 2025 /PRNewswire/ -- Quaker Houghton (the "Company") (NYSE: KWR), the global leader in industrial process fluids, announced today that it has entered into a purchase agreement to acquire Dipsol Chemicals Co., Ltd., ("Dipsol") a leading supplier of surface treatment and plating solutions and services primarily for the automotive and other industrial applications, for  23 billion JPY (~$153 million at current rates), subject to post-closing adjustments.  Dipsol is headquartered in ...
Investing in Quaker Chemical (KWR)? Don't Miss Assessing Its International Revenue Trends
ZACKS· 2025-03-03 15:21
Have you evaluated the performance of Quaker Chemical's (KWR) international operations during the quarter that concluded in December 2024? Considering the extensive worldwide presence of this specialty chemical company, analyzing the patterns in international revenues is crucial for understanding its financial resilience and potential for growth.The global economy today is deeply interlinked, making a company's engagement with international markets a critical factor in determining its financial success and ...