Quaker(KWR)

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Quaker(KWR) - 2024 Q2 - Quarterly Results
2024-08-05 20:34
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 SECOND QUARTER 2024 RESULTS • Q2'24 net sales of $463.6 million, net income of $34.9 million and earnings per diluted share of $1.94 • Q2'24 non-GAAP net income of $38.2 million and non-GAAP earnings per diluted share of $2.13 • Delivered adjusted EBITDA of $84.3 million in Q2'24, a 5% increase compared to $80.2 million in Q2'23 • Gross ...
Quaker Houghton Appoints Two New Independent Directors to its Board of Directors
Prnewswire· 2024-07-31 20:30
CONSHOHOCKEN, Pa., July 31, 2024 /PRNewswire/ -- Quaker Houghton (NYSE: KWR) today announced the appointment of two new independent directors, Nandita Bakhshi and Lucrèce Foufopoulos-De Ridder, to the company's Board of Directors, effective immediately. Michael F. Barry, Chairman of the Board of Directors of Quaker Houghton, stated: "We are extremely pleased to welcome Nandita and Lucrèce to our Board. They are both skilled global executives with extensive operational and strategic experience across a diver ...
Quaker Houghton Announces a 7% Increase in Cash Dividend
Prnewswire· 2024-07-31 20:30
CONSHOHOCKEN, Pa., July 31, 2024 /PRNewswire/ -- The Board of Directors of Quaker Houghton (NYSE: KWR) today declared a $0.485 per share quarterly cash dividend, an increase of approximately 7% over the prior dividend. The quarterly dividend is payable on October 31, 2024, to shareholders of record at the close of business on October 17, 2024. Andy Tometich, Chief Executive Officer and President commented, "This marks our 15th consecutive year of increasing our cash dividend and represents our 48th increase ...
Quaker Houghton Announces Second Quarter 2024 Earnings and Investor Call
Prnewswire· 2024-07-22 20:30
CONSHOHOCKEN, Pa., July 22, 2024 /PRNewswire/ -- Quaker Houghton (NYSE: KWR) today announced the following schedule and contact information for its second quarter 2024 earnings release and investor call. | --- | --- | |-------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | Earnings Release: | Monday, August 5, 2024 (after ...
Quaker (KWR) Breaks Ground on New Manufacturing Plant in China
ZACKS· 2024-07-12 11:21
Quaker Chemical Corporation (KWR) recently celebrated breaking ground on its new cutting-edge production facility in Zhangjiagang, China. The new facility will increase the company's production capacities to meet the requirements of both its customers and KWR in the Asia-Pacific region. The company has established a strong presence in China and throughout the Asia-Pacific to service key industrial sectors such as steel, aluminum, automobiles, beverage cans, mining and wind energy. Quaker, on its first-quart ...
Quaker Houghton Breaks Ground on New Manufacturing Facility in China
Prnewswire· 2024-07-11 20:30
Joseph Berquist, Chief Commercial Officer at Quaker Houghton, adds: "We have built a strong presence in China and across Asia Pacific in support of key industrial sectors such as steel, aluminum, automotive, beverage can, mining, and wind power. This strategic investment further underscores our commitment to meet the growing demands of our customers in China and throughout the Asia-Pacific region. We are excited about the positive contributions we are making to support the strong economic growth and develop ...
Quaker Houghton Announces Quarterly Dividend
Prnewswire· 2024-05-08 20:30
CONSHOHOCKEN, Pa., May 8, 2024 /PRNewswire/ -- The Board of Directors of Quaker Houghton (NYSE: KWR) today declared a quarterly cash dividend of $0.455 per share, payable on July 31, 2024, to shareholders of record at the close of business on July 17, 2024. About Quaker Houghton Quaker Houghton is the global leader in industrial process fluids. With a presence around the world, including operations in over 25 countries, our customers include thousands of the world's most advanced and specialized steel, alum ...
Quaker Chemical's (KWR) Q1 Earnings Beat Estimates, Sales Lag
Zacks Investment Research· 2024-05-08 16:05
Quaker Chemical Corporation (KWR) recorded earnings of $1.95 per share in the first quarter of 2024, up from $1.64 per share in the year-ago quarter.Barring one-time items, earnings came in at $2.09 per share for the reported quarter, topping the Zacks Consensus Estimate of $1.97.Net sales fell around 6% year over year to $469.8 million in the quarter. Sales missed the Zacks Consensus Estimate of $491.3 million. The downside was due to lower selling prices and product mix as well as reduced volumes due to w ...
Understanding Quaker Chemical (KWR) Reliance on International Revenue
Zacks Investment Research· 2024-05-07 05:01
Have you looked into how Quaker Chemical (KWR) performed internationally during the quarter ending March 2024? Considering the widespread global presence of this specialty chemical company, examining the trends in international revenues is essential for assessing its financial resilience and prospects 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 growth path. It has become essenti ...
Quaker(KWR) - 2024 Q1 - Earnings Call Presentation
2024-05-03 15:15
First Quarter 2024 Results Investor Conference Call Forward-Looking Statements 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. These measures should not be viewed as an alternative to GAAP measures of per ...