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Business Wire 30-Jul-2019 4:34 PM
Sales Impacted by Macro-Economic Circumstances; Margins Increased on Sequential Basis; 2019 Guidance Updated While Adjusted Free Cash Flow Conversion Guidance Maintained
Second Quarter Financial and Operating Highlights *:
*Comparative information is relative to prior-year second quarter. 1 Net Income attributable to Ferro Corporation common shareholders.
Ferro Corporation (NYSE:FOE), a leading global supplier of technology-based functional coatings and color solutions, today reported results for the second quarter ended June 30, 2019. Ferro Corporation (www.ferro.com) supplies functional coatings for glass, metal, ceramic and other substrates and color solutions in the form of specialty pigments and colorants for a broad range of industries and applications. Ferro products are sold into the building and construction, automotive, electronics, industrial products, household furnishings and appliance markets. The Company's reportable segments include: Performance Coatings (metal and ceramic coatings), Performance Colors and Glass (glass coatings), and Color Solutions. Headquartered in Mayfield Heights, Ohio, the Company has approximately 5,870 associates globally and reported 2018 sales of $1.6 billion.
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Conference Call
Ferro will conduct an investor teleconference at 8:00 a.m. EDT Wednesday, July 31, 2019. Investors can access this conference via any of the following:
View source version on businesswire.com: https://www.businesswire.com/news/home/20190730006055/en/