Orion S.A. — Third Quarter 2026 Earnings Summary

Orion S.A. reported third-quarter 2026 net sales of $473 million, representing a 5% increase from the prior year driven primarily by favorable oil price pass-throughs. The company generated a consolidated net loss of $3 million and Adjusted EBITDA of $67 million, which included a $17 million benefit from the timing of European emission allowances. Operating cash flow reached $58 million, resulting in $46 million in free cash flow despite higher feedstock costs. Management tightened its full-year 2026 Adjusted EBITDA guidance to a range of $190 million to $200 million while maintaining expectations for positive free cash flow generation.