Advansix Inc. (ASIX) SEC Filing 10-Q Quarterly report for the period ending Friday, June 30, 2017

Advansix Inc.

CIK: 1673985 Ticker: ASIX

Exhibit 99.1
News Release


Sales of $361 million, up 17% versus prior year

Cash Flow from Operations of $30 million, down $8 million versus prior year

Earnings Per Share of $0.83, up 69% versus prior year

Parsippany, N.J., August 10, 2017
- AdvanSix (NYSE: ASIX) today announced its financial results for the second quarter ending June 30, 2017. The Company generated strong results across a number of metrics including production output, income and operating cash flow.

Second Quarter 2017 Highlights
Sales up 17% versus prior year, including 3% volume increase, 10% higher raw material pass-through pricing, and 4% favorable impact of market-based pricing
Net Income of $25.8 million, an increase of $10.8 million or 72% versus the prior year
EBITDA of $54.6 million, an increase of $20.5 million or 60% versus the prior year
EBITDA Margin of 15.1%, up 400 bps versus the prior year
Capital Expenditures of $14.6 million, a decrease of $0.1 million versus the prior year
Free Cash Flow of $15.0 million, a decrease of $8.1 million versus the prior year

“AdvanSix had a terrific second quarter capping off a strong first half of 2017. The performance this quarter continued to be supported by higher production output across our key manufacturing sites and a favorable supply and demand environment. Our proactive mechanical integrity program and reliability improvements are driving higher returns, enabling a 3% volume increase in the quarter. We successfully completed our spring turnarounds while the entire organization maintained its relentless focus on safety and efficiency,” said Erin Kane, president and CEO of AdvanSix.


The following information was filed by Advansix Inc. (ASIX) on Thursday, August 10, 2017 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Advansix Inc.'s Definitive Proxy Statement (Form DEF 14A) filed after their 2017 10-K Annual Report includes:

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Ticker: ASIX
CIK: 1673985
Form Type: 10-Q Quarterly Report
Accession Number: 0001673985-17-000033
Submitted to the SEC: Thu Aug 10 2017 4:23:59 PM EST
Accepted by the SEC: Thu Aug 10 2017
Period: Friday, June 30, 2017
Industry: Plastic Materials Synth Resins And Nonvulcan Elastomers

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