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AdvanSix Inc (ASIX.N)

ASIX.N on New York Stock Exchange

33.11USD
20 Aug 2018
Change (% chg)

$0.79 (+2.44%)
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Latest Key Developments (Source: Significant Developments)

AdvanSix Provides Update On Its Hopewell, Virginia Site
Wednesday, 14 Mar 2018 06:45am EDT 

March 14 (Reuters) - Advansix Inc ::ADVANSIX PROVIDES UPDATE ON ITS HOPEWELL, VIRGINIA SITE.ADVANSIX - ‍ AUTHORITIES EXECUTING SEARCH WARRANT IN HOPEWELL, VA. SITE APPEAR TO RELATE TO FACILITY'S ENVIRONMENTAL AIR EMISSIONS.ADVANSIX INC - AUTHORITIES EXECUTING SEARCH WARRANT IN HOPEWELL, VA. SITE APPEAR TO RELATE TO FACILITY'S COMPLIANCE UNDER 2013 CONSENT DECREE.  Full Article

Advansix Says Entered Into Amendment No. 1 To Credit Agreement​
Friday, 23 Feb 2018 06:43am EST 

Feb 23 (Reuters) - Advansix Inc ::ADVANSIX INC - ‍ON FEBRUARY 21, 2018 CO ENTERED INTO AMENDMENT NO. 1 TO CREDIT AGREEMENT, DATED AS OF SEPTEMBER 30, 2016 -SEC FILING​.ADVANSIX - ‍PURSUANT TO AMENDMENT, TERM LOAN UNDER EXISTING CREDIT AGREEMENT WAS TERMINATED, OUTSTANDING TERM LOANS THEREUNDER WERE PAID IN FULL​.ADVANSIX - ‍PURSUANT TO AMENDMENT MAXIMUM AGGREGATE PRINCIPAL AMOUNT OF SENIOR SECURED REVOLVING CREDIT FACILITY WAS RAISED TO $425 MILLION​.ADVANSIX INC - ‍REVOLVING CREDIT FACILITY UNDER AMENDED AND RESTATED CREDIT AGREEMENT HAS A SCHEDULED MATURITY DATE OF FEBRUARY 21, 2023​.  Full Article

Advansix Reports Q4 EPS Of $2.31 Including Items
Friday, 23 Feb 2018 06:30am EST 

Feb 23 (Reuters) - Advansix Inc ::ADVANSIX ANNOUNCES FOURTH QUARTER AND FULL YEAR 2017 FINANCIAL RESULTS.Q4 SALES ROSE 43 PERCENT TO $370 MILLION.Q4 EARNINGS PER SHARE $2.31 INCLUDING ITEMS.4Q17 EARNINGS PER SHARE OF $2.31, INCLUDES $1.71 ONE-TIME NET TAX BENEFIT.2017 TAX ACT EXPECTED TO HAVE FAVORABLE IMPACT ON NET INCOME AND CASH FLOW.2018 ESTIMATED EFFECTIVE TAX RATE OF APPROXIMATELY 25%.ADVANSIX - SEES ABOUT $30 MILLION UNFAVORABLE IMPACT TO PRE-TAX INCOME IN 1Q 2018 DUE TO WEATHER-RELATED TEMPORARY PRODUCTION ISSUE AT HOPEWELL FACILITY.CAPITAL EXPENDITURES EXPECTED TO BE $110 TO $120 MILLION FOR FULL YEAR 2018.COMPANY RECORDED AN APPROXIMATELY $53 MILLION ONE-TIME NET TAX BENEFIT IN Q4 OF 2017 TO REFLECT TAX CUTS AND JOBS ACT.QTRLY DILUTED EPS EXCLUDING ONE-TIME NET TAX BENEFIT $0.60.  Full Article

AdvanSix Reports Reduced Production Rates At Its Manufacturing Facilities
Wednesday, 17 Jan 2018 06:45am EST 

Jan 17 (Reuters) - Advansix Inc ::ADVANSIX REPORTS REDUCED PRODUCTION RATES AT ITS MANUFACTURING FACILITIES.ADVANSIX INC - EXPECTS TO INCUR ABOUT $30 TO $35 MILLION UNFAVORABLE IMPACT TO PRE-TAX INCOME IN Q1 OF 2018.ADVANSIX INC - HAS EXPERIENCED A TEMPORARY PRODUCTION ISSUE AT ITS HOPEWELL, VIRGINIA FACILITY RELATED TO RECENT SEVERE WINTER WEATHER.ADVANSIX INC - AS A RESULT OF UNPLANNED INTERRUPTION, CAPROLACTAM, RESIN PRODUCTION REDUCED AT RESPECTIVE HOPEWELL, CHESTERFIELD, VIRGINIA FACILITIES.ADVANSIX INC - UNPLANNED INTERRUPTION HAS NO ADVERSE IMPACT ON Q4 2017 FINANCIAL RESULTS.ADVANSIX - INFORMED CUSTOMERS OF FORCE MAJEURE EVENT, IS WORKING TO MITIGATE IMPACT OF REDUCED OUTPUT ON CUSTOMERS' OPERATIONS.  Full Article

Advansix reports Q3 earnings per share $0.68
Tuesday, 7 Nov 2017 06:30am EST 

Nov 7 (Reuters) - Advansix Inc :Advansix announces third quarter 2017 financial results.Q3 earnings per share $0.68.Q3 sales rose 13 percent to $367 million.Advansix Inc - sees ‍capital expenditures tracking to about $90 million for full year 2017​.Advansix Inc - sees ‍4Q 2017 planned turnaround impact on pre-tax income to be about $20 million​.Advansix Inc- ‍2018 global nylon industry conditions expected to be similar to 2017​.Advansix - ‍"expect ammonium sulfate fertilizer prices to rise seasonally, challenging agriculture fundamentals through 2018 spring planting season​".  Full Article

AdvanSix posts Q2 earnings per share $0.83
Thursday, 10 Aug 2017 06:30am EDT 

Aug 10 (Reuters) - AdvanSix Inc :AdvanSix announces second quarter 2017 financial results.Q2 earnings per share $0.83.Q2 sales rose 17 percent to $361 million.‍capital expenditures are expected to remain approximately $90 million for full year 2017​.AdvanSix Inc - challenging agriculture fundamentals expected through 2017 / 2018 planting season.  Full Article

Advansix posts Q1 earnings per share $0.88
Thursday, 11 May 2017 06:30am EDT 

May 11 (Reuters) - Advansix Inc :Advansix announces first quarter 2017 financial results.Q1 earnings per share $0.88.Q1 sales rose 26 percent to $377 million.Advansix Inc - capital expenditures are expected to be approximately $90 million for full year 2017.Qtrly sales $ 376.7 million versus $ 299.8 million.Advansix Inc - ammonium sulfate fertilizer prices remain stable sequentially; challenging agriculture fundamentals expected throughout 2017.Advansix - Sees global caprolactam, nylon 6 price strength due to underlying raw material cost increases, with tightened supply environment through H1 2017.  Full Article

Norges Bank reports 5.002 pct passive stake in Advansix
Friday, 3 Mar 2017 08:30am EST 

Advansix Inc :Norges Bank reports 5.002 percent passive stake in Advansix Inc as of Feb 27 - sec filing.  Full Article

Advansix Q4 loss per share $0.81 including items
Friday, 3 Mar 2017 06:30am EST 

Advansix Inc : Advansix announces fourth quarter and full year 2016 financial results . Q4 sales fell 18 percent to $259 million . Q4 loss per share $0.81 including items . Advansix Inc says 4Q16 eps loss of $0.81 includes impact of significant extended outage . Advansix Inc - capital expenditures are expected to be approximately $90 million for full year 2017 . Advansix Inc - challenging agriculture fundamentals expected throughout 2017 . Advansix Inc - Q4 plant turnaround activities are not expected to have an adverse impact on Q1 2017 financial results . "Ammonium sulfate fertilizer prices remain stable sequentially" . Advansix Inc- Hopewell 2017 plant production rates expected at or above historical production as result of system upgrades, reliability improvements . Advansix Inc - Sales volume in quarter decreased 18% versus prior year .Advansix - Turnaround activities, incremental unplanned outages, reduced Q4 pre-tax income by about $64 million, inclusive of inventory revaluation among other things.  Full Article

Advansix reports Q3 EPS $0.54
Thursday, 10 Nov 2016 07:01am EST 

Advansix Inc : Qtrly capital expenditures of $17.6 million, down $5.1 million versus prior year . Capital expenditures are expected to be approximately $90 million for full year 2016 . As a result of this incremental extended outage, expects impact to Q4 2016 pre-tax income to be in range of $20 to $25 million . Advansix announces third quarter 2016 financial results . Q3 earnings per share $0.54 .Q3 sales fell 4 percent to $324 million.  Full Article

BRIEF-Advansix Reports Q1 Earnings Per Share Of $0.37

* CAPITAL EXPENDITURES EXPECTED TO BE $110 MILLION TO $120 MILLION FOR FULL YEAR 2018 Source text for Eikon: Further company coverage: