GXY 6.40% $3.51 galaxy resources limited

Banter and General Comments, page-3787

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    "Alb and SQM represent majority of world supply from Chile. Their production did not increase in 2018. In 2019 will be the same."

    Wrong and Wrong rolleyes.png

    The Company reported net sales of $921.7 million infourth quarter 2018, up 7.5% from net sales of $857.8 million in the fourth quarter of 2017, driven by increased sales volumes and the favorable impact of sales pricing in each of our reportable segments, partially offset by theimpact of the divestiture of the polyolefin catalysts and components portion of the Performance Catalyst Solutions(“PCS”) business to W.R. Grace & Co. during 2018 (“Polyolefin Catalysts Divestiture”).

    Outlook

    Our 2018 performance and execution on our lithium growth projects have positioned Albemarle for anotheryear of growth in 2019. We expect net sales to range between $3.65 billion and $3.85 billion, representing growthof approximately 8% to 14%, with adjusted EBITDA between $1,070 million and $1,140 million, up approximately6% to 13%, and adjusted diluted earnings per share between $6.10 and $6.50, growth of approximately 11% to19%. Our growth will be driven by increased volume in our core lithium business, while our Bromine Specialtiesand Catalysts businesses will be stable. We are not forecasting any significant macroeconomic headwinds andhave not seen any decline in our customer demand forecasts.

    https://albemarle.gcs-web.com/static-files/b40bca9f-a3db-49d5-8186-91e9a7c139af

    Last edited by RBradley1980: 21/02/19
 
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