Sales Volume of Silicon Metal in Globe Inc. Increased

  • Wednesday, August 27, 2014
  • Source:ferro-alloys.com

  • Keywords:Si, silicon metal , silicon-based alloys,Sales volume
[Fellow]Globe Specialty Metals, Inc. (Nasdaq:GSM) (the "Company") today announced results for the fourth quarter and for fiscal year 2014 ended June 30, 2014.

[Ferro-Alloys.com]Globe Specialty Metals, Inc. (Nasdaq:GSM) (the "Company")  announced results for the fourth quarter and for fiscal year 2014 ended June 30, 2014.

Sales volume for fiscal year 2014 was 277,991 metric tons ("MT"), an increase of 5% compared to fiscal year 2013, as demand for silicon metal and silicon-based alloys continued to be strong. Net sales for the fiscal year ended June 30, 2014 were $752.8 million compared to $757.6 million for the prior year. Adjusted EBITDA was $110.3 million in fiscal 2014 which is an 11% increase compared to $99.1 million in fiscal 2013, and adjusted earnings per share were $0.53 in fiscal 2014, a 33% increase compared to the prior year.

  • [Editor:tianxiao]

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