Orion S.A. posts Q1 loss, raises full-year EBITDA guidance on stronger demand trends

Filed May 6, 2026 · Period ending May 6, 2026 · ~1 min read

Key Changes

• high

  Q1 2026 net loss of $10M on $460M sales (down 4% YoY), but Adjusted EBITDA of $46M; sales decline driven by lower oil-linked pricing and adverse mix, partially offset by 2% volume growth and 6% favorable FX.

  Exhibit 99.1 verify on EDGAR →
• high

  Net debt-to-TTM Adjusted EBITDA ratio rose to 4.2x from 3.7x at year-end 2025, as net debt increased to $965M and trailing EBITDA declined to $228M.

  Exhibit 99.1 verify on EDGAR →
• high

  Full-year 2026 Adjusted EBITDA guidance raised to $170-$210M from $160-$200M, citing earnings resilience at higher oil prices and strong order trends despite contemplated H2 moderation.

  Exhibit 99.1 verify on EDGAR →