Earnings release
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Aug 6 , 2021 6:45 AM Eastern Daylight Time GrafTech Reports Second Quarter 2021 Share in X Results • • • Strong results across key metrics Industry outlook remains positive BROOKLYN HEIGHTS , Ohio -- ( BUSINESS WIRE ) -- GrafTech International Ltd. ( NYSE : EAF ) ( GrafTech or the Company ) today announced financial results for the quarter ended June 30 , 2021 . Second Quarter 2021 Highlights • Net income of $ 28 million , or $ 0.11 per share , including one - time Change in Control¹ charges of $ 88 million . Adjusted net income² of $ 114 million , or $ 0.43 per share • Adjusted EBITDA² of $ 160 million • . Sales volume increased 16 % sequentially over first quarter 2021 and 39 % year over year Production volume increased 22 % sequentially over first quarter 2021 and 33 % year over year CEO Comments President and Chief Executive Officer David Rintoul commented , " During the second quarter , we continued to see improvement in the global steel market , resulting in strong sequential and year over year performance across key metrics for GrafTech . We are pleased to report that our sales and production volumes steadily improved through the quarter . We are encouraged by the industry's