Last $4.37 USD
Change Today +0.13 / 3.07%
Volume 617.0K
GTI On Other Exchanges
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As of 4:15 PM 11/20/14 All times are local (Market data is delayed by at least 15 minutes).

graftech international ltd (GTI) Snapshot

Open
$4.21
Previous Close
$4.24
Day High
$4.42
Day Low
$4.20
52 Week High
01/16/14 - $13.01
52 Week Low
10/8/14 - $3.31
Market Cap
596.2M
Average Volume 10 Days
916.0K
EPS TTM
$-0.90
Shares Outstanding
136.4M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for GRAFTECH INTERNATIONAL LTD (GTI)

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graftech international ltd (GTI) Details

GrafTech International Ltd. manufactures and sells graphite and carbon material science-based solutions. It operates in two segments, Industrial Materials and Engineered Solutions. The Industrial Materials segment manufactures and delivers graphite electrodes, which are used to produce steel and other non-ferrous metals; carbon, semi-graphitic, and graphite refractory hearth linings for blast and submerged arc furnaces that are used to produce iron and ferro alloys; and petroleum needle coke, a crystalline form of carbon used in the production of graphite electrodes. The Engineered Solutions segment provides electronics technologies products, such as electronic thermal management solutions, fuel cell components, and sealing materials; graphite materials, such as extruded, molded, and isomolded graphite blocks used in the transportation, alternative energy, metallurgical, chemical, oil and gas exploration, and various other industries; and composite materials, which are engineered carbon products to support the aerospace and defense industries. It also offers materials, which comprise synthetic graphite powders, natural flake graphite powders, coke powders, and various other carbon/graphite powder derivatives for various markets, including industrial lubricants, hot metal forming lubricants, conductive polymer fillers, and energy storage requirements. The company distributes its products through direct sales force, independent sales representatives, and distributors in Americas, Africa, the Asia Pacific, Europe, the Middle East, and Asia. GrafTech International Ltd. was founded in 1886 and is headquartered in Parma, Ohio.

3,034 Employees
Last Reported Date: 02/27/14
Founded in 1886

graftech international ltd (GTI) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $300.0K
Chief Financial Officer and Vice President
Total Annual Compensation: $290.1K
Vice President, General Counsel and Secretary
Total Annual Compensation: $320.0K
Compensation as of Fiscal Year 2013.

graftech international ltd (GTI) Key Developments

GrafTech International Ltd. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Provides Earnings Guidance for the Full Year 2014

GrafTech International Ltd. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported sales was $260.46 million against $303.08 million a year ago. Operating loss was $23.05 million against $8.57 million a year ago. Loss before provision for income taxes was $33.12 million against $16.85 million a year ago. Net loss was $34.94 million against $7.63 million a year ago. Diluted loss per share was $0.26 against $0.06 a year ago. Net cash provided by operating activities was $26.99 million against $53.53 million a year ago. Capital expenditures was $22.85 million against $24.18 million a year ago. Adjusted operating income was $0.780 million against $8.98 million a year ago. EBITDA was $23.75 million against $34.56 million a year ago. Adjusted net loss was $12.88 million or $0.09 per share against income of $5.74 million or $0.04 per share a year ago. For the nine months, the company reported sales was $825.43 million against $858.17 million a year ago. Operating loss was $169.61 million against income of $23.15 million a year ago. Loss before provision for income taxes was $198.48 million against $4.5 million a year ago. Net loss was $201.9 million against income of $0.962 million a year ago. Diluted loss per share was $1.48 against income of $0.01 a year ago. Net cash provided by operating activities was $82.9 million against $65.18 million a year ago. Capital expenditures was $69.31 million against $62.7 million a year ago. Adjusted operating income was $16.66 million against $40.69 million a year ago. EBITDA was $84.46 million against $111.14 million a year ago. Adjusted net loss was $16.94 million or $0.12 per share against income of $14.33 million or $0.11 per share a year ago. Net debt as of September 30, 2014 was $529.77 million against $540.32 million as of December 31, 2013. For the full year 2014, the company expects EBITDA in a range of $105.000 million - $115.000 million, operating loss in a range of $179.267 million - $169.267 million, interest expense of $36 million, income taxes in a range of $0 - $3.00 million and net loss of $217.47 million - $210.47 million. Operating cash flow of approximately $95 million to $110 million and capital expenditures of approximately $80 million to $90 million.

GrafTech International Plans to Lay Off 50 Employees

GrafTech International announced that it plans to lay off 50 employees and relocate its headquarters to a yet to be determined location. The company now employs 186 at its Snow Road facility. By November 30, 2014 the company plans to reduce the work force by 35. Fifteen other jobs will be eliminated by March. In September, the company announced plans to downsize in an attempt to cut costs. The company is looking for a smaller headquarters in Northeast Ohio and plans to finalize the move by next year.

GrafTech International Ltd. Announces Executive Management Changes

GrafTech International Ltd. announced several executive management changes that are part of its ongoing initiative to create a more simplified and efficient organizational structure and foster innovation. The changes include redefining and eliminating certain management roles to decentralize the management and overhead structure and drive greater accountability and enhanced customer focus. Darrell Blair, Vice President -- Global Sales, for the graphite electrode business, will become President of the Industrial Materials segment. Mr. Blair joined the Company in 1980 at its facility in Columbia, TN. His extensive commercial, operations, and customer technical service experience includes international assignments in Puerto Rico, Mexico, Singapore, Hong Kong, and, for the past eleven years, Switzerland. His appointment follows the retirement of Dr. Pieter Barnard, the segment's current President, effective November 1, 2014, after a 42-year career spanning three continents and a multitude of roles. Dr. Julian Norley, Vice President -- Corporate Research and Development, has been appointed to lead the newly established Technology and Innovation Center, which will be focused on commercializing advanced technologies in carbon and graphite material science and providing greater emphasis on driving innovation to support new product development. Dr. Norley joined GrafTech in 1997 and has been instrumental in the Company's penetration of high growth markets. Dr. Norley and his group have received five R&D 100 awards and have won and executed over $25 million in federal and state grants in support of his pioneering work. He personally holds 22 U.S. patents. Hermanus Pretorius, President of the Company's Seadrift Coke LLP subsidiary, will retire effective November 1, 2014. Mr. Pretorius started his GrafTech career at the Meyerton, South Africa facility where he served as Managing Director until his transfer to Europe in 1998 as the head of graphite electrode operations. Prior to his current role, Mr. Pretorius was the President of GrafTech's Engineered Solutions segment.

 

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