Ingevity

Ingevity Corp. engages in the manufacture of specialty chemicals and carbon materials. It operates through the following segments: Performance Chemicals and Performance Materials. The Performance Materials segment consists of automotive technologies and process purifications product families. Automotive technologies produces automotive carbon products used in gasoline vapor emission control systems in cars, trucks, motorcycles and boats. Process purifications produce a number of activated carbon products for food, water, beverage and chemical purification applications. The Performance Chemicals segment primarily addresses applications in three product families: pavement technologies, oilfield technologies, and industrial specialties. The company was founded on March 27, 2015 and is headquartered in North Charleston, SC.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Ingevity reports record revenue and EBITDA, eyes growth opportunities

Ingevity's strong financial performance in Q4 2022 and full year, coupled with sustainable growth initiatives and market opportunities, position the company for continued success. Despite challenges in customer destocking and COVID-19 impacts, Ingevity remains optimistic about future growth and margin improvements.

Ingevity reports solid Q1 performance amidst market challenges and opportunities

Ingevity's Q1 performance showed resilience amid market challenges, with a focus on diversification and innovation to drive growth.
While facing lowered guidance and cost pressures, the company remains optimistic about revenue and profitability increases through strategic initiatives.
Opportunities in Performance Materials, Advanced Polymers, and Pavement Technologies sectors position Ingevity for a positive outlook despite potential risks.

Ingevity reports strong Q2 growth, navigates challenges with strategic focus

Ingevity's Q2 2023 performance was marked by revenue growth, operational efficiency, and strategic agreements with Nexeon for silicon anode material.
Challenges from high CTO costs and weak end markets led to reduced guidance, but the company is focused on cost reduction and growth opportunities.
The AFA transition, global expansion in Pavement Technologies, and recovery plans for CTO costs highlight Ingevity's strategic initiatives for future growth.

Ingevity repositions for growth, faces challenges in Q3 performance

Ingevity's Q3 2023 performance reflected mixed results with notable strengths in Performance Materials and Advanced Polymer Technologies, while facing challenges in Performance Chemicals. The company's repositioning strategy and focus on higher-margin products present opportunities for improved profitability and growth. Despite lowered guidance for 2023, Ingevity remains committed to debt reduction and operational optimization.

Ingevity reports record Q4 sales, focuses on margin maintenance

Ingevity's Q4 performance highlighted record sales in key segments, offsetting challenges in others. The company remains focused on margin maintenance, new product adoption, and market opportunities. Despite facing volume declines and after-tax charges, Ingevity projects sales growth and adjusted EBITDA for 2024.

Ingevity reports mixed Q1 performance, optimistic on future growth

Ingevity's Q1 2024 earnings call highlighted mixed performance across segments, with strong growth in Performance Materials but challenges in APT and Performance Chemicals. The company reiterated full-year guidance and remains cautiously optimistic about future demand patterns and business transformation.

Ingevity reports Q3 sales decline, focuses on efficiency and portfolio

Ingevity's Q3 performance reflects short-term challenges from repositioning but also demonstrates operational resilience and strategic focus on efficiency and optimization.
The company's commitment to reviewing its business portfolio and pursuing improved execution and debt reduction signals a proactive approach to enhancing long-term value.
Analyst inquiries and guidance for Q4 underscore the importance of transparency, operational excellence, and strategic alignment in navigating market dynamics.

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NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity Corporation today announced that it will add caprolactone polyol production capabilities at its facility in DeRidder, Louisiana.

Ingevity to add caprolactone polyol production in DeRidder, Louisiana

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity Corporation (NYSE: NGVT) today announced that Jean Blackwell has been elected by the company's board of directors as chair of the board.

Jean Blackwell elected chair of Ingevity's board of directors

Ingevity's (NGVT) plant upgrades help increase its capacity and enable it to serve global demand for premium carbon products.

Ingevity (NGVT) Expands Production Capacity at Zhuhai Plant

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity Corporation (NYSE: NGVT) has expanded its activated carbon production capacity at its facility in Zhuhai, China.

Ingevity increases capacity at activated carbon plant in Zhuhai, China

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity Corporation today announced that Richard B. Kelson, 74, chairman of the board of Ingevity, passed away on February 13 in New York City.

Ingevity mourns passing of Chairman of the Board Rick Kelson

Ingevity Corporation (NGVT) CEO John Fortson on Q4 2020 Results - Earnings Call Transcript

Ingevity (NGVT) benefits from higher demand for engineered polymers and a recovery of global automotive production in Q4.

Ingevity's (NGVT) Earnings and Sales Top Estimates in Q4

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity Corporation (NYSE: NGVT) today reported its financial results for the fourth quarter and full year 2020. “We finished the year strongly and delivered solid fourth quarter results,” said John Fortson, president and CEO. “Our businesses were resilient despite challenging conditions. Strong automotive production and sales in China and a highly favorable shift to trucks and SUVs in the U.S. and Canada were significant tailwinds. In addition, we bene

Ingevity reports preliminary fourth quarter and full year 2020 financial results

Ingevity has seen a good few years after being spun off from WestRock. Shares had a huge run in 2018 as the company announced quite a few large deals at the time.

Ingevity: Interesting Performer

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Ingevity (NGVT) gains on regulation-driven adoption of its applications and cost-cutting actions.

Ingevity's (NGVT) Shares Gain 27% in 6 Months: Here's Why

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity (NYSE: NGVT) announced that it will release its fourth quarter and full year earnings after the stock market close on Weds., Feb. 10, 2021.

Ingevity announces dates for fourth quarter and full year earnings release and webcast

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)---- $NGVT--Ingevity (NYSE:NGVT) has named Stacy Lancaster Cozad as executive vice president, general counsel and secretary, effective Feb. 1, 2021.

Ingevity names Stacy Lancaster Cozad as executive vice president, general counsel and secretary

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Ingevity (NGVT) benefits from its cost actions, Capa acquisition and growth in its applications driven by regulations and technology adoption.

Ingevity (NGVT) Stock Up 15% in 3 Months: What's Driving It?

Ingevity (NGVT) reported earnings 30 days ago. What's next for the stock?

Ingevity (NGVT) Up 12% Since Last Earnings Report: Can It Continue?

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity (NYSE:NGVT) intends to challenge the decision of the U.S. District Court as it relates to Ingevity's patent, U.S. Patent No. RE38,844.

Ingevity to challenge U.S. court ruling on emission control patent and expects limited impact on commercial operations or financial results through patent expiration in March 2022

Ingevity Corporation (NGVT) CEO John Fortson on Q3 2020 Results - Earnings Call Transcript

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)---- $NGVT--Ingevity (NYSE: NGVT) announced pricing of its previously announced offering of 8-yr senior unsecured notes in an aggregate principal amount of $550M.

Ingevity prices $550 million senior notes offering

Ingevity (NGVT) delivered earnings and revenue surprises of 82.65% and 6.71%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Ingevity (NGVT) Q3 Earnings and Revenues Beat Estimates

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)---- $NGVT--Ingevity (NYSE: NGVT) announced that it is commencing a private offering of $550.0 million in aggregate principal amount of senior unsecured notes.

Ingevity announces proposed private offering of senior unsecured notes

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)---- $NGVT #earnings--Ingevity Corporation (NYSE:NGVT) today reported selected preliminary financial results for the third quarter.

Ingevity reports selected preliminary third quarter 2020 financial results

Ingevity (NGVT) benefits from its cost-management actions and regulation-driven demand for its applications.

Ingevity (NGVT) Up 44% in 6 Months: What's Behind the Rally?

NORTH CHARLESTON, S.C.--(BUSINESS WIRE)---- $NGVT #innovation--Ingevity (NYSE:NGVT) announced it has named Erik Ripple as chief growth and innovation officer. He will join the leadership team, effective Oct. 1.

Ingevity names Erik Ripple as chief growth and innovation officer

Ingevity (NGVT) benefits from cost-reduction measures and growth in its applications driven by regulations and technology adoption.

News for Ingevity Stock (NGVT)