reports
Ferroglobe Appoints Carsten Larsen as Chief Commercial Officer
Ferroglobe Appoints Carsten Larsen as Chief Commercial Officer LONDON, March 13, 2024 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) (“Ferroglobe”, the “Company,” or the “Parent”), a leading global producer of silicon metal, silicon-based and manganese-based ferroalloys, is pleased to announce that it has appointed Carsten Larsen as Chief Commercial Officer, effective April 1, 2024. Mr. Larsen brings three decades of international experience in developing new business growth strategies, maximizing sales and profitability, and leading cross-functional teams. He has spent his entire prof...
Ferroglobe & Coreshell Sign a Memorandum of Understanding to Deliver W...
Ferroglobe & Coreshell Sign a Memorandum of Understanding to Deliver World’s First Battery-Grade Metallurgical Silicon for Electric Vehicles Partnership to enable development of the lowest cost, longest range EV batteries replacing graphite and silane-based silicon with metallurgical silicon for the first time LONDON, March 11, 2024 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM), a world leading producer of silicon metal and ferroalloys, and Coreshell, a US-based battery technology company, today announced the signature of a memorandum of understanding. Together, Ferroglobe and Coresh...
Ferroglobe Reports Solid Fourth Quarter and Full Year 2023 Financial R...
Ferroglobe Reports Solid Fourth Quarter and Full Year 2023 Financial Results LONDON, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) (“Ferroglobe”, the “Company”, or the “Parent”), a leading producer globally of silicon metal, silicon-based and manganese-based specialty alloys, today announced financial results for the fourth quarter and full year 2023. Introducing 2024 adjusted EBITDA guidance of $100 million to $170 million FINANCIAL HIGHLIGHTS 2023 revenue of $1.7 billion, down 36% Y/Y2023 adjusted EBITDA of $315 million, down 63% Y/YQ4 adjuste...
Ferroglobe and LONGi Announce Long-term Silicon Supply Agreement
Ferroglobe and LONGi Announce Long-term Silicon Supply Agreement LONDON, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) (“Ferroglobe”, the “Company,” or the “Parent”), a leading global producer of silicon metal, silicon-based and manganese-based ferroalloys, and LONGi, the world’s leading solar technology company, are pleased to announce that they have entered into a long-term supply agreement effective January 1, 2024. This agreement reinforces the partnership between the two companies and paves the way for even closer collaboration in the future. Under the terms of the ...
Ferroglobe Announces the Full Redemption of its Remaining 9.375% Senio...
Ferroglobe Announces the Full Redemption of its Remaining 9.375% Senior Secured Notes Due 2025 LONDON, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) (“Ferroglobe”, the “Company,” or the “Parent”), a leading global producer of silicon metal, silicon-based and manganese-based ferroalloys, announces today that its subsidiary issuers of the 9.375% Senior Secured Notes due 2025 (the “Notes”) have given notice of full redemption of such Notes at 102.34375% of the principal amount plus accrued interest. The issuers elect to redeem an aggregate principal amount of $147,623,624 of...
Ferroglobe PLC Schedules Fourth Quarter and Full Year 2023 Earnings Ca...
Ferroglobe PLC Schedules Fourth Quarter and Full Year 2023 Earnings Call for February 22, 2024 LONDON, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) announced today that it will issue fourth quarter and full-year financial results after the close of the market on Wednesday, February 21, 2024, and will host the quarterly earnings call on Thursday, February 22, 2024 at 8:30am Eastern Time. To join via phone:Conference call participants should pre-register using this link: Once registered, you will receive the dial-in numbers and a personal PIN, which are required to acces...
Ferroglobe Reports Strong Third Quarter 2023 Financial Results
Ferroglobe Reports Strong Third Quarter 2023 Financial Results LONDON, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) (“Ferroglobe”, the “Company”, or the “Parent”), a leading producer globally of silicon metal, silicon-based and manganese-based specialty alloys, today announced financial results for the third quarter 2023. FINANCIAL HIGHLIGHTS Reported Q3-23 revenue of $416.8 million, down 9% over the prior quarter Q3-23 Adjusted EBITDA of $104.5 million, down 1% over the prior quarterQ3-23 Adjusted EBITDA margin improved to 25.1% versus 23.2% in Q2-23Q3-23 Adjusted...
Ferroglobe Acquires Strategic High-purity Quartz Mine in the U.S.
Ferroglobe Acquires Strategic High-purity Quartz Mine in the U.S. LONDON, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Ferroglobe PLC (Nasdaq: GSM) (“Ferroglobe”, the “Company”, or the “Parent”), a leading global producer of silicon metal, silicon-based and manganese-based specialty alloys, announces the acquisition of a strategic, high-purity quartz mine in South Carolina, U.S. The purchase price was approximately $11 million in cash with an additional $4 million expected in capital expenditures to build out the infrastructure, including rail access, loadout, and a processing facility. High-pu...
Ferroglobe PLC Schedules Third Quarter 2023 Earnings Call for November...
Ferroglobe PLC Schedules Third Quarter 2023 Earnings Call for November 8, 2023 LONDON, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ:GSM) announced today that it will issue third quarter financial results after the close of the market on Tuesday, November 7, 2023 and will host the quarterly earnings call on Wednesday, November 8, 2023 at 8:30am Eastern Time. To join via phone: Conference call participants should pre-register using this link: Once registered, you will receive the dial-in numbers and a personal PIN, which are required to access the conference call. To join v...
Ferroglobe Reports Strong Second Quarter 2023 Financial Results
Ferroglobe Reports Strong Second Quarter 2023 Financial Results LONDON, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) (“Ferroglobe”, the “Company”, or the “Parent”), a leading producer globally of silicon metal, silicon-based and manganese-based specialty alloys, today announced financial results for the second quarter 2023. FINANCIAL HIGHLIGHTS Reported Q2-23 revenue of $456.4 million, up 14% over the prior quarterQ2-23 adjusted EBITDA of $105.7 million, up 136% over the prior quarterImproved Q2-23 adjusted EBITDA margin to 23.2% versus 11.2% in...
Ferroglobe PLC Schedules Second Quarter 2023 Earnings Investor Call fo...
Ferroglobe PLC Schedules Second Quarter 2023 Earnings Investor Call for August 15, 2023 LONDON, July 24, 2023 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM), a leading global producer of silicon metal, silicon-based alloys, and manganese-based alloys, announced today that it will release its second-quarter financial results after the close of the market on Monday, August 14, 2023. The company will also host its quarterly earnings call on Tuesday, August 15, 2023, at 8:30 am Eastern Time. To join via phone: Conference call participants should pre-register using this link: Once regi...
Ferroglobe Announces the Notice of Redemption of $150 million of its 9...
Ferroglobe Announces the Notice of Redemption of $150 million of its 9.375% Senior Secured Notes Due 2025 LONDON, July 21, 2023 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) (“Ferroglobe”, the “Company”, or the “Parent”), a leading global producer of silicon metal, silicon-based and manganese-based ferroalloys, announces today that its subsidiary issuers of the 9.375% Senior Secured Notes due 2025 (the “Notes”) have given a notice of partial redemption of such Notes at 102.34375% of the principal amount plus accrued interest. The issuers elect to redeem an aggregate principal amount of...
Ferroglobe PLC Announces Appointment of Alex Rotonen as VP Investor Re...
Ferroglobe PLC Announces Appointment of Alex Rotonen as VP Investor Relations LONDON, June 21, 2023 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM), a leading global producer of silicon metal, silicon-based alloys, and manganese-based alloys, is pleased to announce the appointment of Alex Rotonen as the Vice President Investor Relations, effective today. Alex will work closely with Anis Barodawalla, who will be focusing on strategy in his role as Vice President Corporate Strategy & M&A, maintaining his responsibilities for planning and execution of our strategy, as well as identifying o...
Ferroglobe Announces Changes to its Committee Structure to Reinforce i...
Ferroglobe Announces Changes to its Committee Structure to Reinforce its Corporate Governance LONDON, May 30, 2023 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) (“Ferroglobe”, the “Company”, or the “Parent”), a leading global producer of silicon metal, silicon-based and manganese-based ferroalloys, announces today that the Board of Directors has made several important improvements to the composition of its board committees, effective immediately. With the objective of making all essential Board committees fully independent, the Board of Directors has eliminated the existing structure ...
Ferroglobe Reports First Quarter 2023 Financial Results
Ferroglobe Reports First Quarter 2023 Financial Results LONDON, May 09, 2023 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) (“Ferroglobe”, the “Company”, or the “Parent”), a leading producer globally of silicon metal, silicon-based and manganese-based specialty alloys, today announced financial results for the first quarter 2023. FINANCIAL HIGHLIGHTS Q1 2023 revenue of $400.9 million, down 11% over the prior quarterQ1 2023 adjusted EBITDA of $44.8 million, down 66% over the prior quarterQ1 2023 adjusted EBITDA margins were down at 11.2% versus 29.1% in the prior quarter and 33.7%% in ...
Ferroglobe PLC Schedules First Quarter 2023 Earnings Investor Call for...
Ferroglobe PLC Schedules First Quarter 2023 Earnings Investor Call for May 10, 2023 LONDON, April 24, 2023 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM), a leading global producer of silicon metal, silicon-based, and manganese-based ferroalloys, announced today that it will release its first-quarter financial results after the close of the market on Tuesday, May 9th, 2023. The company will also host its quarterly earnings call on Wednesday, May 10, 2023, at 8:30 am Eastern Time. To join via phone: Conference call participants should pre-register using this link: Once registered, yo...
Ferroglobe Reports Fourth Quarter and Record Full Year 2022 Financial ...
Ferroglobe Reports Fourth Quarter and Record Full Year 2022 Financial Results LONDON, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) (“Ferroglobe”, the “Company”, or the “Parent”), a leading producer globally of silicon metal, silicon-based and manganese-based specialty alloys, today announced financial results for the fourth quarter and full year 2022. Introducing 2023 adjusted EBITDA guidance of approximately $290 million FINANCIAL HIGHLIGHTS Record 2022 revenue of $2.6 billion, up 46% Y/YRecord 2022 adjusted EBITDA of $860 million, up 380% Y/YQ4 adj...
Ferroglobe PLC Schedules Fourth Quarter and Full Year 2022 Earnings In...
Ferroglobe PLC Schedules Fourth Quarter and Full Year 2022 Earnings Investor Call for February 23, 2023 LONDON, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) announced today that it will issue fourth quarter and full-year financial results after the close of the market on Wednesday, February 22, 2023, and will host the quarterly earnings call on Thursday, February 23, 2023, at 8:30 am Eastern Time. To join via phone: Conference call participants should pre-register using this link: /register/BI8d32353732624463a89c30a381b5df28 Once registered, you will receive the...
Ferroglobe Reports Solid Third Quarter 2022 Results Despite Weaker Mar...
Ferroglobe Reports Solid Third Quarter 2022 Results Despite Weaker Market Conditions LONDON, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) (“Ferroglobe”, the “Company”, or the “Parent”), a leading producer globally of silicon metal, silicon-based and manganese-based specialty alloys, today announced results for the third quarter 2022. FINANCIAL HIGHLIGHTS Q3 2022 revenue of $593.2 million, down 29.5% over the prior quarterQ3 2022 Adjusted EBITDA of $185.3 million, down 38.9% over the prior quarterAdjusted EBITDA margin decrease of 5 percentage points to 31% in Q3 2022, ...
Ferroglobe Schedules Third Quarter 2022 Earnings Call for November 16,...
Ferroglobe Schedules Third Quarter 2022 Earnings Call for November 16, 2022 LONDON, Nov. 07, 2022 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ:GSM) announced today that it will issue third quarter financial results after the close of the market on Tuesday, November 15, 2022 and will host the quarterly earnings call on Wednesday, November 16, 2022 at 8:30am Eastern Daylight Time. To join via phone: Conference call participants should pre-register using this link: Once registered, you will receive the dial-in numbers and a personal PIN, which are required to access the conference ca...
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