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NEWS
EXPLORER
US7473161070
State: 17.08.2024 | 11PM
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FIGI: BBG000DZS2L9
KWR

Quaker Houghton
GICS: 15101050 · Sector: Basic Materials · Sub-Sector: Specialty Chemicals
NAME
Quaker Houghton
ISIN
US7473161070
TICKER
KWR
MIC
XNYS
REUTERS
KWR.N
BLOOMBERG
KWR US
Wed, 20.11.2024       Quaker Houghton

CONSHOHOCKEN, Pa., Nov. 20, 2024 /PRNewswire/ -- The Board of Directors of Quaker Houghton (NYSE: KWR) today declared a quarterly cash dividend of $0.485 per share, payable on January 31, 2025, to shareholders of record at the close of business on January 17, 2025.

About Quaker Houghton

Quaker Houghton is the global leader in industrial process fluids. With a presence around the world, including operations in over 25 countries, our customers include thousands of the world's most advanced and specialized steel, aluminum, automotive, aerospace, offshore, container, mining, and metalworking companies. Our high-performing, innovative and sustainable solutions are backed by best-in-class technology, deep process knowledge and customized services. With approximately 4,400 employees, including chemists, engineers and industry experts, we partner with our customers to improve their operations so they can run even more efficiently, even more effectively, whatever comes next. Quaker Houghton is headquartered in Conshohocken, Pennsylvania, located near Philadelphia in the United States. Visit quakerhoughton.com to learn more.

Mon, 18.11.2024       Quaker Houghton

CONSHOHOCKEN, Pa., Nov. 18, 2024 /PRNewswire/ -- Quaker Houghton ("the Company"; NYSE: KWR) announced today that its Board of Directors has appointed Joseph Berquist as Chief Executive Officer and President, and a member of the Board of Directors, effective immediately. Mr. Berquist, who succeeds Andy Tometich as Chief Executive Officer and President, most recently served as Executive Vice President and Chief Commercial Officer for Quaker Houghton.

Michael F. Barry, Chairman of the Board of Directors of Quaker Houghton commented, "I want to thank Andy for his three years of leadership at Quaker Houghton. His outside perspective and experiences were valuable to help position the Company for future growth. The Board's plan since my retirement has been, ultimately, to have a CEO with detailed working knowledge and experience with our specific industry, customers, and products. That detailed familiarity with the business will help drive shareholder value as we grow through organic market share gains as well as acquisitions."

Thu, 31.10.2024       Quaker Houghton

Q3'24 net sales of $462.3 million, net income of $32.3 million and earnings per diluted share of $1.81Q3'24 non-GAAP net income of $34.0 million and non-GAAP earnings per diluted share of $1.89Delivered adjusted EBITDA and adjusted EBITDA margins of $78.6 million and 17.0% respectively in Q3'24Generated $141.5 million of operating cash flow YTD; Net leverage ratio of 1.6x

CONSHOHOCKEN, Pa., Oct. 31, 2024 /PRNewswire/ -- Quaker Houghton ("the Company") (NYSE: KWR), the global leader in industrial process fluids, announced its third quarter 2024 results today. 

Thu, 17.10.2024       Quaker Houghton

CONSHOHOCKEN, Pa. , Oct. 17, 2024 /PRNewswire/ -- Quaker Houghton (NYSE: KWR) today announced the following schedule and contact information for its third quarter 2024 earnings release and investor call.

Earnings Release:

Thursday, October 31, 2024 (after market close)

Visit the investor relations portion of Quaker Houghton's

website at https://investors.quakerhoughton.com/

Teleconference:

Friday, November 1, 2024, at 8:30 a.m. (ET)

Participate live by phone or listen to live audio webcast through

the investor relations portion of Quaker Houghton's website at

https://investors.quakerhoughton.com/

Dial-in Number:

+1-877-269-7756 (toll-free)

+1-201-689-7817 (toll)

Please call 5-10 minutes prior to the scheduled start of the call.

No password required.

If unable to participate live, select from one of the following replay options:

Digital Replay:

Available through November 15, 2024

Call +1-877-660-6853 (toll free) or +1-201-612-7415 (toll)

Conference ID No. 13748501

Archived Webcast:

Visit the investor relations portion of Quaker Houghton's website

at https://investors.quakerhoughton.com/

Wed, 31.07.2024       Quaker Houghton

CONSHOHOCKEN, Pa., July 31, 2024 /PRNewswire/ -- Quaker Houghton (NYSE: KWR) today announced the appointment of two new independent directors, Nandita Bakhshi and Lucrèce Foufopoulos-De Ridder, to the company's Board of Directors, effective immediately.

Michael F. Barry, Chairman of the Board of Directors of Quaker Houghton, stated: "We are extremely pleased to welcome Nandita and Lucrèce to our Board.  They are both skilled global executives with extensive operational and strategic experience across a diverse set of global businesses and industries.  We are confident these proven leaders will make a meaningful contribution to our Board and the Company."

Wed, 31.07.2024       Quaker Houghton

CONSHOHOCKEN, Pa., July 31, 2024 /PRNewswire/ -- The Board of Directors of Quaker Houghton (NYSE: KWR) today declared a $0.485 per share quarterly cash dividend, an increase of approximately 7% over the prior dividend.  The quarterly dividend is payable on October 31, 2024, to shareholders of record at the close of business on October 17, 2024.

Andy Tometich, Chief Executive Officer and President commented, "This marks our 15th consecutive year of increasing our cash dividend and represents our 48th increase since going public in 1972.  We remain confident in the long-term fundamentals of our business and our cash generation capabilities and are committed to enhancing shareholder value through our disciplined capital allocation strategy."

Mon, 22.07.2024       Quaker Houghton

CONSHOHOCKEN, Pa., July 22, 2024 /PRNewswire/ -- Quaker Houghton (NYSE: KWR) today announced the following schedule and contact information for its second quarter 2024 earnings release and investor call.

Earnings Release:         

Monday, August 5, 2024 (after market close)

Visit the investor relations portion of Quaker Houghton's

website at https://investors.quakerhoughton.com/

 

Teleconference:           

Tuesday, August 6, 2024, at 8:30 a.m. (ET)

Participate live by phone or listen to live audio webcast through

the investor relations portion of Quaker Houghton's website athttps://investors.quakerhoughton.com/

Thu, 11.07.2024       Quaker Houghton

CONSHOHOCKEN, Pa., July 11, 2024 /PRNewswire/ -- Quaker Houghton ("the Company"; NYSE: KWR), a global leader in industrial process fluids, today celebrated breaking ground on its new state-of-the-art manufacturing facility in Zhangjiagang, China.  The new facility will expand the Company's production capabilities to support the growth of its customers and the Company in the Asia-Pacific region.  The Zhangjiagang, China facility, which combines industry-leading technology with Quaker Houghton's long history of manufacturing excellence and safety, is expected to be operational by the second quarter of 2026.

Thu, 09.05.2024       Quaker Houghton

CONSHOHOCKEN, Pa., May 9, 2024 /PRNewswire/ -- Quaker Houghton ("the Company"; NYSE: KWR) announced today that it has appointed Tom Coler as Executive Vice President and Chief Financial Officer effective June 10, 2024.  Mr. Coler succeeds Shane Hostetter, who has held the role since 2021 and will be leaving the Company to pursue other opportunities.  Mr. Hostetter will remain at the company through August 4, 2024, to ensure an orderly transition.

Andy Tometich, Chief Executive Officer and President, commented, "Tom is an experienced financial executive with expertise in driving growth and leading transformation.  He has demonstrated success as a CFO as well as in various financial leadership roles at both public and private companies.  I am confident Tom will be an excellent partner to build on the momentum in our business, accelerate our growth and continue to generate long-term shareholder value."

Wed, 08.05.2024       Quaker Houghton

CONSHOHOCKEN, Pa., May 8, 2024 /PRNewswire/ -- The Board of Directors of Quaker Houghton (NYSE: KWR) today declared a quarterly cash dividend of $0.455 per share, payable on July 31, 2024, to shareholders of record at the close of business on July 17, 2024.

About Quaker Houghton

Quaker Houghton is the global leader in industrial process fluids. With a presence around the world, including operations in over 25 countries, our customers include thousands of the world's most advanced and specialized steel, aluminum, automotive, aerospace, offshore, container, mining, and metalworking companies. Our high-performing, innovative and sustainable solutions are backed by best-in-class technology, deep process knowledge and customized services. With approximately 4,400 employees, including chemists, engineers and industry experts, we partner with our customers to improve their operations so they can run even more efficiently, even more effectively, whatever comes next. Quaker Houghton is headquartered in Conshohocken, Pennsylvania, located near Philadelphia in the United States. Visit quakerhoughton.com to learn more.

Thu, 02.05.2024       Quaker Houghton

Q1'24 net sales of $469.8 million, net income of $35.2 million and earnings per diluted share of $1.95Q1'24 non-GAAP net income of $37.7 million and non-GAAP earnings per diluted share of $2.09Delivered adjusted EBITDA of $83.3 million in Q1'24, a 6% increase compared to $78.8 million in Q1'23Gross margins improved 400 basis points compared to the prior year, the 7th consecutive quarterly year-over-year increaseGenerated $27.2 million of operating cash flow in Q1'24

CONSHOHOCKEN, Pa., May 2, 2024 /PRNewswire/ -- Quaker Houghton ("the Company") (NYSE: KWR), the global leader in industrial process fluids, announced its first quarter 2024 results today. 

Mon, 22.04.2024       Quaker Houghton

CONSHOHOCKEN, Pa., April 22, 2024 /PRNewswire/ -- Quaker Houghton (NYSE: KWR) the global leader in industrial process fluids, today announced the release of its 2023 Sustainability Report. The report highlights how the Company combines its solutions with industry insight and intelligence to See Beyond™ the issues of today and secure a better tomorrow.

Andy Tometich, Chief Executive Officer and President commented, "In 2023, we continued to advance our sustainability initiatives, making targeted investments to strengthen the foundation of our integrated strategy. The achievement of our 2023 milestones and the EcoVadis Silver Award are clear indications of the progress we are making towards our 2030 Sustainability Goals. I am proud of the momentum we have built and the unwavering commitment to unlock our potential and positively impact the future of our Company, our people, and our communities."

Thu, 18.04.2024       Quaker Houghton

CONSHOHOCKEN, Pa., April 18, 2024 /PRNewswire/ -- Quaker Houghton (NYSE: KWR) today announced the following schedule and contact information for its first quarter 2024 earnings release and investor call.

Earnings Release:

Thursday, May 2, 2024 (after market close)

Visit the investor relations portion of Quaker Houghton's

website at https://investors.quakerhoughton.com/

Teleconference:

Friday, May 3, 2024, at 8:30 a.m. (ET)

Participate live by phone or listen to live audio webcast through

the investor relations portion of Quaker Houghton's website at

https://investors.quakerhoughton.com/

Dial-in Number:

+1-877-269-7756 (toll-free)

+1-201-689-7817 (toll)

Please call 5-10 minutes prior to the scheduled start of the call.

No password required.

If unable to participate live, select from one of the following replay options:

Digital Replay:

Available through May 17, 2024

Call +1-877-660-6853 (toll free) or +1-201-612-7415 (toll)

Conference ID No. 13745470

Archived Webcast:

Visit the investor relations portion of Quaker Houghton's website

at https://investors.quakerhoughton.com/

Thu, 29.02.2024       Quaker Houghton

Q4'23 net sales of $467.1 million, net income of $20.2 million and earnings per diluted share of $1.12Q4'23 non-GAAP net income of $31.9 million and non-GAAP earnings per diluted share of $1.78Delivered adjusted EBITDA of $77.0 million in Q4'23, a 13% year-over-year increaseFull year net sales of $1.95 billion, net income of $112.7 million and earnings per diluted share of $6.26Full year non-GAAP net income of $137.6 million and non-GAAP earnings per diluted share of $7.65Delivered record full year adjusted EBITDA of $320.4 million and operating cash flow of $279.0 millionBoard of Directors approved a new share repurchase program of up to $150 million of its common stock
Wed, 28.02.2024       Quaker Houghton

CONSHOHOCKEN, Pa., Feb. 28, 2024 /PRNewswire/ -- The Board of Directors of Quaker Houghton (NYSE: KWR) today declared a quarterly cash dividend of $0.455 per share, payable on April 30, 2024, to shareholders of record at the close of business on April 16, 2024.  In addition, the Board of Directors has approved a new share repurchase program authorizing the Company to repurchase up to an aggregate of $150 million of its common stock.  The Company has terminated its prior 2015 share repurchase program.

Wed, 14.02.2024       Quaker Houghton

CONSHOHOCKEN, Pa., Feb. 14, 2024 /PRNewswire/ -- Quaker Houghton (NYSE: KWR) today announced the following schedule and contact information for its fourth quarter and full year 2023 earnings release and investor call.

Earnings Release:         

Thursday, February 29, 2024 (after market close)

Visit the investor relations portion of Quaker Houghton's

website at https://investors.quakerhoughton.com/

Teleconference:             

Friday, March 1, 2024, at 8:30 a.m. (ET)

Participate live by phone or listen to live audio webcast through

the investor relations portion of Quaker Houghton's website at https://investors.quakerhoughton.com/

Dial-in Number:           

+1-877-269-7756 (toll-free)

+1-201-689-7817 (toll)

Please call 5-10 minutes prior to the scheduled start of the call.

No password required.

Wed, 15.11.2023       Quaker Houghton

CONSHOHOCKEN, Pa., Nov. 15, 2023 /PRNewswire/ -- The Board of Directors of Quaker Houghton (NYSE: KWR) today declared a quarterly cash dividend of $0.455 per share, payable on January 31, 2024, to shareholders of record at the close of business on January 17, 2024.

About Quaker Houghton

Quaker Houghton is the global leader in industrial process fluids. With a presence around the world, including operations in over 25 countries, our customers include thousands of the world's most advanced and specialized steel, aluminum, automotive, aerospace, offshore, container, mining, and metalworking companies. Our high-performing, innovative and sustainable solutions are backed by best-in-class technology, deep process knowledge and customized services. With approximately 4,600 employees, including chemists, engineers and industry experts, we partner with our customers to improve their operations so they can run even more efficiently, even more effectively, whatever comes next. Quaker Houghton is headquartered in Conshohocken, Pennsylvania, located near Philadelphia in the United States. Visit quakerhoughton.com to learn more.

Thu, 02.11.2023       Quaker Houghton

Q3'23 net sales of $490.6 million, net income of $33.7 million and earnings per diluted share of $1.87Q3'23 non-GAAP net income of $36.9 million and non-GAAP earnings per diluted share of $2.05Delivered adjusted EBITDA of $84.4 million in Q3'23, a 20% increase compared to $70.3 million in Q3'22Generated approximately $199.5 million of operating cash flow year-to-date; Net debt to adjusted EBITDA improved to 2.0x

CONSHOHOCKEN, Pa., Nov. 2, 2023 /PRNewswire/ -- Quaker Houghton ("the Company") (NYSE: KWR), the global leader in industrial process fluids, announced its third quarter 2023 results today.

Thu, 19.10.2023       Quaker Houghton

CONSHOHOCKEN, Pa., Oct. 19, 2023 /PRNewswire/ -- Quaker Houghton (NYSE: KWR) today announced the following schedule and contact information for its third quarter 2023 earnings release and investor call.

Earnings Release:

Thursday, November 2, 2023 (after market close)Visit the investor relations portion of Quaker Houghton's website at https://investors.quakerhoughton.com/

Teleconference:

Friday, November 3, 2023, at 8:30 a.m. (ET)Participate live by phone or listen to live audio webcast through the investor relations portion of Quaker Houghton's website at https://investors.quakerhoughton.com/

Dial-in Number:

+1-877-269-7756 (toll-free)+1-201-689-7817 (toll)Please call 5-10 minutes prior to the scheduled start of the call.No password required.

If unable to participate live, select from one of the following replay options:

Digital Replay:

Available through November 17, 2023Call +1-877-660-6853 (toll free) or +1-201-612-7415 (toll)Conference ID No. 13741689

Archived Webcast: 

Visit the investor relations portion of Quaker Houghton's website at https://investors.quakerhoughton.com/

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