Higher lithium sales drive Albemarle’s Q3 results
By Martim Facada
Published: Friday, 10 November 2017
The strong performance of Albemarle's lithium and advanced materials and bromine segments boosted its third-quarter Ebitda and sales, prompting it to raise its full-year guidance.
Higher sales volumes and higher lithium prices as well as
advantageous currency exchange effects boosted Albemarle
Corp’s third-quarter financial performance, it
said.
Adjusted earnings before interest, taxes, depreciation and
amortization (Ebitda) for the third quarter increased 11.2% to
$209.3 million from $188.3 million in the third quarter of
2016, the...