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AdvanSix Inc (ASIX.N)

ASIX.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Advansix Reports Q1 Earnings Per Share Of $0.68
Friday, 3 May 2019 

May 3 (Reuters) - AdvanSix Inc ::ADVANSIX ANNOUNCES FIRST QUARTER 2019 FINANCIAL RESULTS.Q1 EARNINGS PER SHARE $0.68.Q1 SALES $315 MILLION VERSUS REFINITIV IBES ESTIMATE OF $343.8 MILLION.SAYS CONTINUES TO EXPECT FULL YEAR 2019 CAPITAL EXPENDITURES TO BE $140 TO $150 MILLION.ADVANSIX - ENTERED INTO STRATEGIC ALLIANCE WITH OBEN GROUP, COMBINING ADVANSIX'S CHANNEL TO NORTH AMERICA WITH OBEN GROUP'S NEW STATE-OF ART MANUFACTURING FACILITY.ADVANSIX - ALSO APPROVED CLOSURE OF POTTSVILLE, PENNSYLVANIA FILMS PLANT AS PART OF BROADER STRATEGIC EFFORTS ASSOCIATED WITH FILMS PRODUCT LINE IN NORTH AMERICA.SAYS CLOSURE OF POTTSVILLE, PENNSYLVANIA FILMS PLANT EXPECTED TO BE COMPLETED DURING Q3 OF 2019.SAYS EXPECTS TO TAKE A PRE-TAX REPOSITIONING CHARGE ASSOCIATED WITH CLOSURE OF $10 TO $12 MILLION IN Q2 OF 2019.  Full Article

AdvanSix Q4 Earnings Per Share $0.68
Friday, 22 Feb 2019 

Feb 22 (Reuters) - AdvanSix Inc ::ADVANSIX ANNOUNCES FOURTH QUARTER AND FULL YEAR 2018 FINANCIAL RESULTS.Q4 EARNINGS PER SHARE $0.68.Q4 SALES $387 MILLION VERSUS REFINITIV IBES ESTIMATE OF $374.1 MILLION.Q4 EARNINGS PER SHARE ESTIMATE $0.75 -- REFINITIV IBES DATA.CAPITAL EXPENDITURES EXPECTED TO BE $140 TO $150 MILLION FOR FULL YEAR 2019.BOARD OF DIRECTORS AUTHORIZES ADDITIONAL $75 MILLION SHARE REPURCHASE PROGRAM.EXPECT CHALLENGING ACETONE INDUSTRY CONDITIONS TO CONTINUE.CAPITAL EXPENDITURES EXPECTED TO BE $140 TO $150 MILLION FOR FULL YEAR 2019.FULL YEAR 2019 PRE-TAX INCOME IMPACT OF PLANNED PLANT TURNAROUNDS EXPECTED TO BE $35 TO $40 MILLION.EXPECT STRONG NYLON PLANT UTILIZATION RATES TO CONTINUE.AMMONIUM SULFATE FERTILIZER PRICES EXPECTED TO INCREASE SEASONALLY.  Full Article

AdvanSix Provides Update On Its Hopewell, Virginia Site
Wednesday, 14 Mar 2018 

March 14 (Reuters) - Advansix Inc ::ADVANSIX PROVIDES UPDATE ON ITS HOPEWELL, VIRGINIA SITE.ADVANSIX - ‍ AUTHORITIES EXECUTING SEARCH WARRANT IN HOPEWELL, VA. SITE APPEAR TO RELATE TO FACILITY'S ENVIRONMENTAL AIR EMISSIONS.ADVANSIX INC - AUTHORITIES EXECUTING SEARCH WARRANT IN HOPEWELL, VA. SITE APPEAR TO RELATE TO FACILITY'S COMPLIANCE UNDER 2013 CONSENT DECREE.  Full Article

Advansix Says Entered Into Amendment No. 1 To Credit Agreement​
Friday, 23 Feb 2018 

Feb 23 (Reuters) - Advansix Inc ::ADVANSIX INC - ‍ON FEBRUARY 21, 2018 CO ENTERED INTO AMENDMENT NO. 1 TO CREDIT AGREEMENT, DATED AS OF SEPTEMBER 30, 2016 -SEC FILING​.ADVANSIX - ‍PURSUANT TO AMENDMENT, TERM LOAN UNDER EXISTING CREDIT AGREEMENT WAS TERMINATED, OUTSTANDING TERM LOANS THEREUNDER WERE PAID IN FULL​.ADVANSIX - ‍PURSUANT TO AMENDMENT MAXIMUM AGGREGATE PRINCIPAL AMOUNT OF SENIOR SECURED REVOLVING CREDIT FACILITY WAS RAISED TO $425 MILLION​.ADVANSIX INC - ‍REVOLVING CREDIT FACILITY UNDER AMENDED AND RESTATED CREDIT AGREEMENT HAS A SCHEDULED MATURITY DATE OF FEBRUARY 21, 2023​.  Full Article

Advansix Reports Q4 EPS Of $2.31 Including Items
Friday, 23 Feb 2018 

Feb 23 (Reuters) - Advansix Inc ::ADVANSIX ANNOUNCES FOURTH QUARTER AND FULL YEAR 2017 FINANCIAL RESULTS.Q4 SALES ROSE 43 PERCENT TO $370 MILLION.Q4 EARNINGS PER SHARE $2.31 INCLUDING ITEMS.4Q17 EARNINGS PER SHARE OF $2.31, INCLUDES $1.71 ONE-TIME NET TAX BENEFIT.2017 TAX ACT EXPECTED TO HAVE FAVORABLE IMPACT ON NET INCOME AND CASH FLOW.2018 ESTIMATED EFFECTIVE TAX RATE OF APPROXIMATELY 25%.ADVANSIX - SEES ABOUT $30 MILLION UNFAVORABLE IMPACT TO PRE-TAX INCOME IN 1Q 2018 DUE TO WEATHER-RELATED TEMPORARY PRODUCTION ISSUE AT HOPEWELL FACILITY.CAPITAL EXPENDITURES EXPECTED TO BE $110 TO $120 MILLION FOR FULL YEAR 2018.COMPANY RECORDED AN APPROXIMATELY $53 MILLION ONE-TIME NET TAX BENEFIT IN Q4 OF 2017 TO REFLECT TAX CUTS AND JOBS ACT.QTRLY DILUTED EPS EXCLUDING ONE-TIME NET TAX BENEFIT $0.60.  Full Article

AdvanSix Reports Reduced Production Rates At Its Manufacturing Facilities
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - Advansix Inc ::ADVANSIX REPORTS REDUCED PRODUCTION RATES AT ITS MANUFACTURING FACILITIES.ADVANSIX INC - EXPECTS TO INCUR ABOUT $30 TO $35 MILLION UNFAVORABLE IMPACT TO PRE-TAX INCOME IN Q1 OF 2018.ADVANSIX INC - HAS EXPERIENCED A TEMPORARY PRODUCTION ISSUE AT ITS HOPEWELL, VIRGINIA FACILITY RELATED TO RECENT SEVERE WINTER WEATHER.ADVANSIX INC - AS A RESULT OF UNPLANNED INTERRUPTION, CAPROLACTAM, RESIN PRODUCTION REDUCED AT RESPECTIVE HOPEWELL, CHESTERFIELD, VIRGINIA FACILITIES.ADVANSIX INC - UNPLANNED INTERRUPTION HAS NO ADVERSE IMPACT ON Q4 2017 FINANCIAL RESULTS.ADVANSIX - INFORMED CUSTOMERS OF FORCE MAJEURE EVENT, IS WORKING TO MITIGATE IMPACT OF REDUCED OUTPUT ON CUSTOMERS' OPERATIONS.  Full Article

Advansix reports Q3 earnings per share $0.68
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Advansix Inc :Advansix announces third quarter 2017 financial results.Q3 earnings per share $0.68.Q3 sales rose 13 percent to $367 million.Advansix Inc - sees ‍capital expenditures tracking to about $90 million for full year 2017​.Advansix Inc - sees ‍4Q 2017 planned turnaround impact on pre-tax income to be about $20 million​.Advansix Inc- ‍2018 global nylon industry conditions expected to be similar to 2017​.Advansix - ‍"expect ammonium sulfate fertilizer prices to rise seasonally, challenging agriculture fundamentals through 2018 spring planting season​".  Full Article

AdvanSix posts Q2 earnings per share $0.83
Thursday, 10 Aug 2017 

Aug 10 (Reuters) - AdvanSix Inc :AdvanSix announces second quarter 2017 financial results.Q2 earnings per share $0.83.Q2 sales rose 17 percent to $361 million.‍capital expenditures are expected to remain approximately $90 million for full year 2017​.AdvanSix Inc - challenging agriculture fundamentals expected through 2017 / 2018 planting season.  Full Article