AGM/EGMApr 26, 2026, 05:32 AM
OEC to Hold 2026 AGM on June 25; 2025 Net Loss $70M, Adj. EBITDA $248M
AI Summary
Orion S.A. announced its 2026 Annual General Meeting of Shareholders will be held on June 25, 2026, to approve 2025 financial statements, elect directors, and vote on executive compensation. For 2025, the company reported a consolidated net loss of $70 million, including an $81 million goodwill impairment, and Adjusted EBITDA of $248 million, an 18% decrease. Despite challenging market conditions, Orion achieved $55 million in positive free cash flow and returned $26 million to shareholders. The company also highlighted its strong safety performance and operational improvements.
Key Highlights
- 2026 Annual General Meeting scheduled for June 25, 2026.
- Reported 2025 consolidated net loss of $70 million, including $81 million goodwill impairment.
- Achieved 2025 Adjusted EBITDA of $248 million, down 18% from prior year.
- Generated 2025 net sales of $1.8 billion, a 4% decrease YoY.
- Delivered $55 million in positive free cash flow in 2025.
- Returned $26 million to shareholders through dividends and buybacks in 2025.
- Achieved a Total Recordable Incidence Rate (TRIR) of 0.18 in 2025, 9x better than industry average.
- Board of Directors to reduce from nine to eight members with Michel Wurth's retirement.