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NEW YORK - On Friday, AdvanSix Inc . (NYSE:ASIX) reported first quarter 2025 results that exceeded analyst expectations, driven by improved operational performance and strength in its plant nutrients business.
The company’s shares slipped -0.94% in premarket trading following the announcement.
The diversified chemistry company posted adjusted earnings per share of $0.93, beating the analyst consensus of $0.87. Revenue came in at $378 million, surpassing estimates of $367 million and rising 12% YoY.
AdvanSix’s sales volume increased approximately 7%, primarily due to improved performance following operational disruptions in the prior year period. Market-based pricing was favorable by 4%, led by continued strength in plant nutrients reflecting favorable North American ammonium sulfate supply and demand conditions.
"Our significantly improved first quarter results demonstrate our commitment to execute in an evolving macroeconomic environment as we delivered operational performance to meet our customers’ needs," said Erin Kane, president and CEO of AdvanSix.
The company’s adjusted EBITDA jumped to $51.6 million from just $595,000 in the year-ago quarter. This substantial increase was primarily driven by improved operational performance, higher volume, and $26 million of insurance proceeds, partially offset by unfavorable net pricing over raw materials.
Looking ahead, AdvanSix expects strong sulfur nutrition demand and tight North American ammonium sulfate supply to support sulfur premiums at or near the high end of the historical range. However, the company anticipates higher raw material prices to impact fertilizer margins.
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