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Stepan(SCL) - 2024 Q1 - Earnings Call Transcript
2024-05-01 01:10
Vincent Anderson - Stifel Mike Harrison - Seaport Research Partners Dave Storms - Stonegate With that, I would like to turn the call over to Mr. Scott Behrens, our President and Chief Executive Officer. We generated positive free cash flow of $11.4 million as capital expenditures returned to historical levels, and these results give us confidence that we will close 2024 with positive free cash flow. The company is on track to deliver our $50 million cost reduction goal for 2024 through disciplined efforts i ...
Stepan(SCL) - 2024 Q1 - Quarterly Results
2024-04-30 19:00
Exhibit 99.1 Stepan Reports First Quarter 2024 Results Northbrook, Illinois, April 30, 2024 -- Stepan Company (NYSE: SCL) today reported: First Quarter 2024 Highlights • Reported net income was $13.9 million. Adjusted net income(1) was $14.7 million, down 11% year-over-year, largely due to a higher effective tax rate in 2024. • EBITDA(2) was $50.2 million. Adjusted EBITDA(2) was $51.2 million, up 5% year-over-year. • Global sales volume was up 1% year-over-year. Global sales volume, excluding declines in ou ...
Stepan(SCL) - 2023 Q4 - Annual Report
2024-03-01 00:49
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (MARK ONE) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 1-4462 STEPAN COMPANY ANNUAL REPORT ON FORM 10-K December 31, 2023 | Item 1. | Business | 3 | | --- | --- | --- | | | Information About o ...
Stepan(SCL) - 2023 Q4 - Earnings Call Transcript
2024-02-21 02:45
Company Participants Conference Call Participants Mike Harrison - Seaport Research Partners Vincent Anderson - Stifel David Silver - CL King and Associates Dave Storms - Stonegate Operator Luis Rojo In addition, this conference call will include discussions of adjusted net income, adjusted EBITDA and free cash flow, which are noon-GAAP measures. We provide reconciliations to the comparable GAAP measures in the earnings presentation and press release, which we have made available at www.stepan.com under the ...
Stepan(SCL) - 2023 Q3 - Quarterly Report
2023-11-03 00:57
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 1-4462 STEPAN COMPANY (Exact name of registrant as specified in its charter) | Delaware | | --- | (State or other jurisdiction of i ...
Stepan(SCL) - 2023 Q3 - Earnings Call Transcript
2023-10-19 05:32
Stepan Company (NYSE:SCL) Q3 2023 Earnings Conference Call October 18, 2023 10:00 AM ET Company Participants Luis Rojo - Chief Financial Officer Scott Behrens - President and Chief Executive Officer Conference Call Participants Vincent Anderson - Stifel Dave Storms - Stonegate David Silver - CL King and Associates Mike Harrison - Seaport Research Partners Operator Good day, and welcome to the Stepan Company Third Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode ...
Stepan(SCL) - 2023 Q2 - Earnings Call Presentation
2023-08-10 16:24
Stepan S Cautionary Statement Earnings Call Presentation Second Quarter 2023 July 26, 2023 Certain information in this presentation consists of forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include statements about Stepan Company's plans, objectives, strategies, financial performance and outlook, trends, the amoun ...
Stepan(SCL) - 2023 Q2 - Quarterly Report
2023-08-03 22:33
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 1-4462 STEPAN COMPANY (Exact name of registrant as specified in its charter) Delaware 36-1823834 (State or other jurisdiction of incorpo ...
Stepan(SCL) - 2023 Q2 - Earnings Call Transcript
2023-07-27 02:04
Conference Call Participants Good day, and thank you for standing by, and welcome to the Q2 2023 Stepan Company Earnings Conference Call. [Operator Instructions]. Good morning, and thank you for joining Stepan Company's Second Quarter 2023 Financial Review. Before we begin, please note that information in this conference call contain forward-looking statements. which are not historical facts. These statements involve risks and uncertainties that could cause actual results to differ materially, including, bu ...
Stepan(SCL) - 2023 Q1 - Quarterly Report
2023-05-05 00:49
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 1-4462 STEPAN COMPANY (Exact name of registrant as specified in its charter) Delaware 36-1823834 (State or other jurisdiction of incorp ...