공시 • May 07
Enviri Corporation to Report Q1, 2026 Results on May 11, 2026 Enviri Corporation announced that they will report Q1, 2026 results After-Market on May 11, 2026 공시 • Jan 14
Enviri Corporation to Report Q4, 2025 Results on Feb 24, 2026 Enviri Corporation announced that they will report Q4, 2025 results on Feb 24, 2026 공시 • Jan 05
Enviri Corporation Announces CFO Change Enviri Corporation announced the retirement of Chief Financial Officer Tom Vadaketh and the planned appointment of Pete Minan as CFO of New Enviri concurrently with the planned spin-off into a standalone publicly traded company. Minan will serve as a consultant to the Company as New Enviri prepares for the spin-off. As previously announced, the spin-off of New Enviri will be effected in connection with the Company’s sale of Clean Earth to Veolia Environnement SA. The Clean Earth sale remains on track for completion in mid-2026, and Tom Vadaketh will remain Chief Financial Officer of Enviri until the transactions are completed. Pete Minan joined Harsco Corporation as CFO in October 2014 and served in the role for seven years until his retirement in October 2021. He returned to Enviri in an interim basis as CFO in August 2022, serving through October 2023 and overseeing the Company’s global financial strategy. Prior to joining the Company, Mr. Minan was a Senior Partner at KPMG, where he developed an extensive background in global financial management during nearly 30 years at the firm. Mr. Minan most recently served as an adjunct Professor of Finance at Drexel University. Mr. Minan holds a B.S. from the University of Virginia and is a Certified Public Accountant. 공시 • Nov 22
Enviri Corporation Appoints Russell Hochman as President and Chief Operating Officer, Effective November 20, 2025 Enviri Corporation announced that On November 20, 2025, the Board appointed Russell Hochman to serve as the President and Chief Operating Officer of the Corporation, effective immediately. Mr. Hochman will also continue to serve as the General Counsel and Chief Compliance Officer of the Corporation. In connection with his appointment to the New Roles, Mr. Hochman’s base annual salary will be increased to $750,000. Mr. Hochman is currently the Senior Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary of the Corporation. Since May 2015, Mr. Hochman has led the Corporation’s global legal, compliance, ethics and corporate secretary functions. Mr. Hochman previously served in senior legal roles with Pitney Bowes Inc. and international law firms based in New York. Mr. Hochman holds a J.D. from Albany Law School of Union University and a B.A. from Cornell University. Mr. Hochman’s experience and qualifications, including his expertise in the legal and compliance fields and his decade-long history with the Corporation, were key factors considered by the Board in connection with his appointment. 공시 • Nov 21
Veolia Environnement SA (ENXTPA:VIE) entered into a definitive agreement to acquire Clean Earth, Inc. from Enviri Corporation (NYSE:NVRI) for approximately $3.0 billion. Veolia Environnement SA (ENXTPA:VIE) entered into a definitive agreement to acquire Clean Earth, Inc. from Enviri Corporation (NYSE:NVRI) for approximately $3.0 billion on November 21, 2025. A cash consideration of $3.04 billion will be paid by Veolia Environnement SA. The financing will be funded through the Group’s existing financial resources and debt. In connection with the closing of the Clean Earth sale, Enviri will execute a taxable spin-off of its Harsco Environmental and Rail businesses to shareholders of Enviri as of the closing date of the Clean Earth sale. In the spin-off transaction, Enviri shareholders will receive 0.33 shares of New Enviri for each Enviri share held. Management anticipates approximately 28 million New Enviri shares outstanding upon close, with central corporate costs at New Enviri to be right-sized.
The transaction is subject to approval by Enviri shareholders, expiration of the waiting period under the Hart-Scott Rodino Act, the effectiveness of a Form 10 registration statement for New Enviri to be filed with the U.S. Securities and Exchange Commission, completion of the New Enviri spin-off transaction, customary regulatory approval and satisfaction of customary closing conditions. The Boards of Directors of both Enviri and Veolia have unanimously approved this transaction. The transaction is expected to close mid-2026.
BofA Securities and Jefferies LLC are serving as financial advisors and Fried, Frank, Harris, Shriver & Jacobson LLP is serving as legal counsel to Enviri. Joele Frank, Wilkinson Brimmer Katcher is serving as strategic communications advisor to Enviri. Citi and Messier & Associés are serving as financial advisors and Wachtel Lipton Rosen & Katz is serving as legal counsel to Veolia. 공시 • Oct 14
Enviri Corporation to Report Q3, 2025 Results on Nov 10, 2025 Enviri Corporation announced that they will report Q3, 2025 results Pre-Market on Nov 10, 2025 공시 • Jul 11
Enviri Corporation to Report Q2, 2025 Results on Aug 05, 2025 Enviri Corporation announced that they will report Q2, 2025 results Pre-Market on Aug 05, 2025 공시 • May 01
Enviri Corporation Provides Earnings Guidance for the Second Quarter and Full Year 2025 Enviri Corporation provided earnings guidance for the Second quarter and full year 2025. For the quarter, Company expects GAAP Loss From Continuing Operations in the range of $(17) Million - $(8) million. GAAP Diluted Loss Per Share from Continuing Operations in the range of $0.24 - $0.17.
For the year, the company expects GAAP Loss From Continuing Operations in the range of $(36) million- $(17) million. GAAP Diluted Loss Per Share from Continuing Operations in the range of $(0.23) - $(0.11). 공시 • Apr 22
Harsco Rail Announces Executive Changes Harsco Rail, a division of Enviri Corporation announced Gary Lada as the new president of Harsco Rail, effective May 5, 2025. Lada will replace Claus Heuschmid, who will leave the organization effective June 1, 2025. Lada will be an Enviri Executive Leadership team member and report directly to Grasberger. Lada brings extensive rail industry experience from his tenure at GE Transportation (now Wabtec), where he held key roles focused on operational excellence. Most recently, Gary led both the global Milton Roy and Air & Gas Solutions businesses at Ingersoll Rand over the last 8 years. Lada holds a Bachelor of Science degree in Mechanical Engineering from Penn State University and will be based in Columbia, South Carolina, with the other members of the Harsco Rail leadership team. Additionally, Harsco Rail has recently strengthened its leadership team by hiring an accomplished chief financial officer, Barry Learner, and vice president of operations, Mike Lafferty. These leadership changes are a key part of the company's strategy to position Harsco Rail to capture profitable growth opportunities and generate returns above its cost of capital. 공시 • Apr 14
Enviri Corporation to Report Q1, 2025 Results on May 01, 2025 Enviri Corporation announced that they will report Q1, 2025 results Pre-Market on May 01, 2025 공시 • Feb 27
Enviri Corporation, Annual General Meeting, Apr 24, 2025 Enviri Corporation, Annual General Meeting, Apr 24, 2025. 공시 • Feb 22
Enviri Corporation Announces Board Changes David C. Everitt and Phillip C. Widman have informed Enviri Corporation that they will not stand for reelection as directors of the Company at the Company’s 2025 Annual Meeting of Stockholders and will retire from the Company’s Board of Directors in connection with the Annual Meeting. Messrs. Everitt and Widman’s retirement is not the result of any disagreement on any matter relating to the Company’s operations, policies or practices. The Board of Directors has nominated Nicholas C. Fanandakis, 68, to stand for election to the Board at the Annual Meeting for a term expiring at the Company’s 2026 Annual Meeting of Stockholders. Mr. Fanandakis previously served as Senior Adviser to the Chief Executive Officer of E. I. du Pont de Nemours and Company from 2020 to 2022. Mr. Fanandakis served as the Chief Financial Officer and Executive Vice President of DuPont from 2009 until his retirement from Dupont in 2019 after 40 years of service. Mr. Fanandakis also serves on the boards of directors for Duke Energy Corporation and FTI Consulting Inc. Additional information regarding Mr. Fanandakis will be disclosed in the Proxy Statement for the Company’s Annual Meeting. 공시 • Feb 21
Enviri Corporation Provides Earnings Guidance for the First Quarter and Full Year 2025 Enviri Corporation provided earnings guidance for the first quarter and full year 2025. For the quarter,Company expects GAAP Loss From Continuing Operations in the range of $18 million - $12 million. GAAP Diluted Loss Per Share from Continuing Operations in the range of $0.24 - $0.17.
For the year, the company expects GAAP Loss From Continuing Operations in the range of $36 million- $17 million. GAAP Diluted Loss Per Share from Continuing Operations in the range of $0.49 - $0.26. 공시 • Jan 31
Bradley Radoff Sends Letter to Enviri’s Board of Directors On January 30, 2025, Bradley L Radoff announced that he has issued a letter to the board of directors of Enviri Corporation stating that the Board must take serious and immediate actions to address leadership, governance, and strategic issues, stockholders cannot continue to endure the current level of underperformance and value destruction. In addition, Bradley stated that the current directors have overseen significant stock price declines and underperformance, and he called to replace Independent Lead Director David C. Everitt, directors James F. Earl, and Phillip C. Widman with new, independent directors, called to separate the roles of Chairman and CEO to improve oversight and accountability, mentioned that current Chairman and CEO, F. Nicholas Grasberger III, has received substantial compensation despite poor stockholder returns. Further, Bradley called for the consider all alternatives for the underperforming Rail Segment, which has hindered the company’s earnings potential, focus on creating a more streamlined environmental solutions company. Bradley L. Radoff emphasizes the need for these changes to set the Company on a path toward value creation and improved performance. 공시 • Jan 29
Enviri Corporation to Report Q4, 2024 Results on Feb 20, 2025 Enviri Corporation announced that they will report Q4, 2024 results Pre-Market on Feb 20, 2025 Recent Insider Transactions • Nov 13
Independent Lead Director recently sold €336k worth of stock On the 8th of November, David Everitt sold around 51k shares on-market at roughly €6.54 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €160k more than they bought in the last 12 months. Reported Earnings • Nov 01
Third quarter 2024 earnings released: US$0.15 loss per share (vs US$0.11 loss in 3Q 2023) Third quarter 2024 results: US$0.15 loss per share (further deteriorated from US$0.11 loss in 3Q 2023). Revenue: US$573.6m (up 9.3% from 3Q 2023). Net loss: US$12.0m (loss widened 41% from 3Q 2023). Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 18% per year. 공시 • Oct 10
Enviri Corporation to Report Q3, 2024 Results on Oct 31, 2024 Enviri Corporation announced that they will report Q3, 2024 results Pre-Market on Oct 31, 2024 공시 • Sep 25
Enviri Corporation Announces Demise of Mauro Curi Senior Vice President and Group President, Harsco Environmental On September 25, 2024, Enviri Corporation (the “Company”) announced the unexpected passing of Mauro Curi, Senior Vice President and Group President, Harsco Environmental. Mr. Curi, 54, died of natural causes on September 22, 2024. He joined Harsco Environmental as an engineer in 1999, and was promoted to key roles across the company, taking him around the world. During his twenty-five-year tenure at the Company, he served in leadership roles in Italy, Brazil, the United Arab Emirates, and the United Kingdom. Harsco Environmental is led by a very strong leadership team, and Nick Grasberger, Chairman and Chief Executive Officer of the Company, will assume immediate leadership responsibilities for Harsco Environmental, serving as its acting leader until a permanent replacement is named. 공시 • Aug 30
Speyside Equity LLC acquired Reed Minerals business of Enviri Corporation (NYSE:NVRI) for $45 million. Speyside Equity LLC acquired Reed Minerals business of Enviri Corporation (NYSE:NVRI) for $45 million on August 29, 2024. The consideration is subjected to post-closing adjustments. Fifth Third Securities Inc. acted as financial advisor and Squire Patton Boggs LLP acted as legal advisor for Enviri Corporation.
Speyside Equity LLC completed the acquisition of Reed Minerals business of Enviri Corporation (NYSE:NVRI) on August 29, 2024. Reported Earnings • Aug 02
Second quarter 2024 earnings released: US$0.16 loss per share (vs US$0.18 loss in 2Q 2023) Second quarter 2024 results: US$0.16 loss per share (improved from US$0.18 loss in 2Q 2023). Revenue: US$610.0m (up 17% from 2Q 2023). Net loss: US$12.7m (loss narrowed 11% from 2Q 2023). Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. 공시 • Jul 12
Enviri Corporation to Report Q2, 2024 Results on Aug 01, 2024 Enviri Corporation announced that they will report Q2, 2024 results Pre-Market on Aug 01, 2024 Recent Insider Transactions • May 07
Chairman recently bought €176k worth of stock On the 6th of May, F. Grasberger bought around 25k shares on-market at roughly €7.04 per share. This transaction amounted to 3.1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was F.'s only on-market trade for the last 12 months. Reported Earnings • May 02
First quarter 2024 earnings released: US$0.21 loss per share (vs US$0.12 loss in 1Q 2023) First quarter 2024 results: US$0.21 loss per share (further deteriorated from US$0.12 loss in 1Q 2023). Revenue: US$600.3m (up 21% from 1Q 2023). Net loss: US$16.9m (loss widened 76% from 1Q 2023). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. 공시 • Apr 12
Enviri Corporation to Report Q1, 2024 Results on May 02, 2024 Enviri Corporation announced that they will report Q1, 2024 results Pre-Market on May 02, 2024 New Risk • Apr 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. 공시 • Mar 09
Enviri Corporation, Annual General Meeting, Apr 18, 2024 Enviri Corporation, Annual General Meeting, Apr 18, 2024, at 09:00 US Eastern Standard Time. Agenda: To elect the nine nominees named in the Proxy Statement to serve as Directors until the 2025 Annual Meeting of Stockholders;to ratify the appointment of PricewaterhouseCoopers LLP as independent auditors for the fiscal year ending December 31, 2024;to vote, on an advisory basis, to approve the compensation of the Company's named executive officers;to vote on Amendment No. 4 to the 2013 Equity and Incentive Compensation Plan;and to consider other matters if any. Reported Earnings • Mar 01
Full year 2023 earnings released: US$0.57 loss per share (vs US$1.73 loss in FY 2022) Full year 2023 results: US$0.57 loss per share (improved from US$1.73 loss in FY 2022). Revenue: US$2.07b (up 9.5% from FY 2022). Net loss: US$45.5m (loss narrowed 67% from FY 2022). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. New Risk • Mar 01
New major risk - Revenue and earnings growth Earnings have declined by 66% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. 공시 • Feb 29
Enviri Corporation Provides Earnings Guidance for the First Quarter and Full Year 2024 Enviri Corporation provided earnings guidance for the first quarter and full year 2024. For the quarter, company expects GAAP Operating Income $19 - $26 million. GAAP Diluted Loss Per Share from Continuing Operations to be $(0.12) - $(0.20).For the year, company expects GAAP Operating Income $122 - $142 million. GAAP Diluted Loss Per Share from Continuing Operations $(0.28) - $(0.52). 공시 • Jan 12
Enviri Corporation to Report Q4, 2023 Results on Feb 29, 2024 Enviri Corporation announced that they will report Q4, 2023 results Pre-Market on Feb 29, 2024 공시 • Jan 05
Clean Earth, Division of Enviri Corporation Appoints Liz Peterson as Chief Commercial Officer, Effective January 8, 2024 Clean Earth, a division of Enviri Corporation announced that Liz Peterson will be appointed Chief Commercial Officer effective January 8, 2024. In this newly created role, Peterson will be responsible for all commercial strategy, customer experience, sales initiatives, and sales operations. All commercial teams and activities under Clean Earth’s Hazardous Waste and Soil and Dredge Material lines of business will work under Peterson’s leadership. With more than 30 years of diversified environmental services experience, Peterson served as Senior Vice President at Badger Infrastructure Solutions, a leading hydro-excavation provider in North America. Her comprehensive responsibilities encompassed oversight of sales, operations, safety, and customer service functions across four key regions and a network of over 140 service centers. Prior to this, Peterson worked at Clean Harbors for more than two decades, holding a range of influential leadership positions, most recently as Senior Vice President of the East Region and Vice President of US Industrial Services. Peterson’s impactful leadership at Clean Harbors resulted in the successful integration of more than 15 acquisitions. Her strategic vision and commercial insight contributed significantly to managing revenues exceeding $750 million. 공시 • Nov 03
Enviri Corporation Revises Earnings Guidance for the Full Year 2023 Enviri Corporation revised earnings guidance for the full year 2023. For the year, the company expected GAAP Operating Income to be $103 million - $110 million as compared to prior guidance of $97 million - $112 million; GAAP Diluted Loss Per Share from Continuing Operations $0.50 - $0.59 as compared to prior guidance of $0.42 - $0.58. Reported Earnings • Nov 03
Third quarter 2023 earnings released: US$0.11 loss per share (vs US$0.008 profit in 3Q 2022) Third quarter 2023 results: US$0.11 loss per share (down from US$0.008 profit in 3Q 2022). Revenue: US$524.6m (up 7.7% from 3Q 2022). Net loss: US$8.50m (down US$9.12m from profit in 3Q 2022). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. New Risk • Oct 26
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 8.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. 공시 • Oct 14
Enviri Corporation to Report Q3, 2023 Results on Nov 02, 2023 Enviri Corporation announced that they will report Q3, 2023 results Pre-Market on Nov 02, 2023 공시 • Aug 17
Enviri Corporation Announces the Retirement of Kathy G. Eddy from the Board of Directors Enviri Corporation announced the retirement of Kathy G. Eddy from its Board of Directors after reaching the mandatory retirement age for Directors prescribed by the Company’s Corporate Governance policies. Her retirement is effective immediately. A Certified Public Accountant and a founding partner of McDonough, Eddy, Poling, & Baylous, AC, a Parkersburg, West Virginia-based public accounting and financial services corporation, Ms. Eddy joined the then Harsco Board of Directors in 2004. Over the past two decades, she has served as Lead Independent Director and on every Board Committee – and most recently as a member of the Audit Committee and the Management Development and Compensation Committee. A leader in accounting for many years, Ms. Eddy served as Chairman of the American Institute of Certified Public Accountants (AICPA) Board of Directors from 2000 to 2001 and has served on the AICPA's governing council and numerous committees. Reported Earnings • Aug 03
Second quarter 2023 earnings released: US$0.18 loss per share (vs US$1.34 loss in 2Q 2022) Second quarter 2023 results: US$0.18 loss per share (improved from US$1.34 loss in 2Q 2022). Revenue: US$520.2m (up 8.1% from 2Q 2022). Net loss: US$14.2m (loss narrowed 87% from 2Q 2022). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. 공시 • Jul 15
Enviri Corporation Announces Resignation of Albert Russell Mitchell as Chief Operating Officer of Harsco Environmental Business, Effective September 1, 2023 On July 11, 2023, Enviri Corporation (Company) announced that Albert Russell Mitchell, Jr.’s service with the company as Chief Operating Officer of the company’s Harsco Environmental business will end effective as of September 1, 2023 (Separation Date). 공시 • Jul 14
Enviri Corporation to Report Q2, 2023 Results on Aug 02, 2023 Enviri Corporation announced that they will report Q2, 2023 results Pre-Market on Aug 02, 2023 공시 • Jun 22
Enviri Corporation Elects Rebecca Martinez O’Mara, 57, to Its Board of Directors Enviri Corporation announced that it has elected Rebecca Martinez O’Mara, 57, to its Board of Directors. She will serve on the company’s Management Development and Compensation Committee and its Governance Committee. With the election of O’Mara, Enviri now has 10 directors, nine independent. O’Mara is the former President of Stanley Industrial Services, Stanley Black and Decker, a leading global manufacturer. In this role, she was the driving force behind the creation of a new business unit that focused on sustainability and services. Before joining Stanley Black and Decker, O’Mara served as Vice President of Service and Solutions at Grundfos Holdings, the largest pump manufacturer in the world. Instrumental in directing a successful carve-out of the business unit, the company experienced double-digit growth under her leadership. Prior to this position, O’Mara worked for a series of industrial and manufacturing companies, among them Caterpillar, Fiat Industrial SpA, and AT&T. Throughout her career, O’Mara has been a champion for diversity and has served as founder/president of employee resource groups at Caterpillar and AT&T. She is a founding member of Angeles Investors, a Chicago United Business Leaders of Color Honoree, and a Chicago Maestro Award Recipient. She holds an executive master’s degree in business administration from Northwestern University’s Kellogg School of Management and a bachelor’s degree in finance from the University of Illinois at Chicago. She is currently an independent director serving on the board of Kadant Inc., a global supplier of technologies and engineering systems for industrial companies. Buying Opportunity • Jun 07
Now 23% undervalued Over the last 90 days, the stock is up 5.5%. The fair value is estimated to be €9.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 7.8% in 2 years. Earnings is forecast to grow by 85% in the next 2 years. Reported Earnings • May 03
First quarter 2023 earnings released: US$0.12 loss per share (vs US$0.092 loss in 1Q 2022) First quarter 2023 results: US$0.12 loss per share (further deteriorated from US$0.092 loss in 1Q 2022). Revenue: US$495.7m (up 9.5% from 1Q 2022). Net loss: US$9.56m (loss widened 30% from 1Q 2022). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. Buying Opportunity • Mar 08
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 4.4%. The fair value is estimated to be €8.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.6% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 2.2% in a year. Earnings is forecast to grow by 95% in the next year. Reported Earnings • Mar 01
Full year 2022 earnings released: US$1.73 loss per share (vs US$0.28 profit in FY 2021) Full year 2022 results: US$1.73 loss per share (down from US$0.28 profit in FY 2021). Revenue: US$1.89b (up 2.2% from FY 2021). Net loss: US$137.2m (down US$159.3m from profit in FY 2021). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. 공시 • Jan 18
Harsco Corporation to Report Q4, 2022 Results on Feb 27, 2023 Harsco Corporation announced that they will report Q4, 2022 results at 9:30 AM, US Eastern Standard Time on Feb 27, 2023 Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. Independent Director John Quinn was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 02
Third quarter 2022 earnings released: EPS: US$0.008 (vs US$0.11 in 3Q 2021) Third quarter 2022 results: EPS: US$0.008 (down from US$0.11 in 3Q 2021). Revenue: US$486.9m (down 11% from 3Q 2021). Net income: US$625.0k (down 93% from 3Q 2021). Profit margin: 0.1% (down from 1.6% in 3Q 2021). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance. 공시 • Oct 13
Harsco Corporation to Report Q3, 2022 Results on Nov 01, 2022 Harsco Corporation announced that they will report Q3, 2022 results Pre-Market on Nov 01, 2022 Buying Opportunity • Sep 24
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 35%. The fair value is estimated to be €5.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 2.2% in a year. Earnings is forecast to grow by 51% in the next year. Reported Earnings • Aug 03
Second quarter 2022 earnings released: US$1.34 loss per share (vs US$0.18 profit in 2Q 2021) Second quarter 2022 results: US$1.34 loss per share (down from US$0.18 profit in 2Q 2021). Revenue: US$481.1m (down 16% from 2Q 2021). Net loss: US$106.7m (down US$121.2m from profit in 2Q 2021). Over the next year, revenue is forecast to grow 1.5%, compared to a 6.7% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment deteriorated over the past week After last week's 18% share price decline to €5.20, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 13x in the Commercial Services industry in Germany. Total loss to shareholders of 76% over the past three years. 공시 • May 26
Harsco Corporation Announces Cessation of Wendy Livingston as Senior Vice President and Chief Human Resources Officer, Effective June 10, 2022 Harsco Corporation announced that on May 23, 2022, Wendy Livingston, Senior Vice President and Chief Human Resources Officer is leaving the Company to pursue other opportunities closer to her family. Her last day with the Company will be June 10, 2022. 공시 • May 06
Harsco Corporation Announces Resignation of David Stanton as President of Clean Earth Division, with Effect from May 5, 2022 Harsco Corporation announced that effective May 5, 2022 David Stanton has left the Company to pursue other opportunities after two years of service as president of its Clean Earth division. In the interim, Nick Grasberger, Chairman and Chief Executive Officer, Harsco Corporation, will assume the leadership of the Clean Earth business. He will be responsible for the daily management of the organization and its leadership team. He will be supported in this capacity by members of the Corporate Executive Leadership Team, all of whom will be taking more active daily roles in the running of the business. 공시 • May 05
Harsco Corporation Provides Earning Guidance for 2022 Harsco Corporation provided earning guidance for 2022. Operating Income to be in range of $17 to $22 million, Diluted Earnings Per Share to be in range of negative $0.01 to $0.03. Reported Earnings • May 04
First quarter 2022 earnings released: US$0.092 loss per share (vs US$0.018 profit in 1Q 2021) First quarter 2022 results: US$0.092 loss per share (down from US$0.018 profit in 1Q 2021). Revenue: US$452.8m (down 14% from 1Q 2021). Net loss: US$7.33m (down US$8.80m from profit in 1Q 2021). Over the next year, revenue is forecast to grow 2.1%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. Independent Director John Quinn was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 공시 • Apr 26
Harsco Corporation Announces SteelPhalt Launches Carbon-Negative Asphalt Product Harsco Corporation announced SteelPhalt, a part of its Harsco Environmental division has launched a carbon-negative asphalt product. SteelPhalt’s asphalt products use 95% recycled steel slag. Prior SteelPhalt asphalt products use bitumen to bind the asphalt. Bitumen is an oil-based binder product with a significant carbon footprint. SteelPhalt’s new asphalt product, called SteelSurf ECO+, uses kraft lignin-based Lineo®, a renewable bio-based substance, supplied by GautamZenUK in collaboration with Stora Enso, as an alternative to bitumen dramatically reducing the product’s carbon footprint. 공시 • Apr 19
Harsco Corporation to Report Q1, 2022 Results on May 03, 2022 Harsco Corporation announced that they will report Q1, 2022 results Pre-Market on May 03, 2022 Recent Insider Transactions • Mar 01
Chairman recently bought €265k worth of stock On the 28th of February, F. Grasberger bought around 25k shares on-market at roughly €10.61 per share. This was the largest purchase by an insider in the last 3 months. This was F.'s only on-market trade for the last 12 months. Reported Earnings • Feb 25
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: US$0.28 (up from US$0.41 loss in FY 2020). Revenue: US$1.85b (flat on FY 2020). Net income: US$22.1m (up US$54.7m from FY 2020). Profit margin: 1.2% (up from net loss in FY 2020). Revenue missed analyst estimates by 6.3%. Over the next year, revenue is forecast to grow 2.2%, compared to a 23% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. 공시 • Feb 25
Harsco Corporation Provides Earnings Guidance for the First Quarter and Full Year of 2022 Harsco Corporation provided earnings guidance for the first quarter and full year of 2022. For the year, the company expects GAAP Operating Income of $85 million to $105 million, GAAP diluted earnings per share of $0.15 to $0.32. For the first, the company expects GAAP Operating Income of $4 million to $9million, GAAP diluted loss per share of $0.2 to $0.03. Recent Insider Transactions • Nov 05
Insider recently bought €60k worth of stock On the 4th of November, David Stanton bought around 5k shares on-market at roughly €11.91 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €83k more in shares than they have sold in the last 12 months. Reported Earnings • Nov 04
Third quarter 2021 earnings released: EPS US$0.11 (vs US$0.099 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$544.3m (up 6.9% from 3Q 2020). Net income: US$8.70m (up US$16.5m from 3Q 2020). Profit margin: 1.6% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Board Change • Nov 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 2 highly experienced directors. Director John Quinn was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 05
Second quarter 2021 earnings released: EPS US$0.18 (vs US$0.14 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$569.8m (up 27% from 2Q 2020). Net income: US$14.5m (up US$25.2m from 2Q 2020). Profit margin: 2.5% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. 공시 • Aug 05
Harsco Corporation Provides Earnings Guidance for the Third Quarter and Full Year of 2021 Harsco Corporation provided earnings guidance for the third quarter and full year of 2021. For the quarter, the company expects GAAP Operating Income to be in the range of $31 million to $37 million. GAAP Diluted Earnings Per Share is expected to be in the range of $0.15 to $0.21.
For the full year, the company expects GAAP Operating Income to be in the range of $118 million to $133 million. GAAP Diluted Earnings Per Share is expected to be in the range of $0.42 to $0.57. Reported Earnings • May 05
First quarter 2021 earnings released: EPS US$0.018 (vs US$0.11 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$528.9m (up 33% from 1Q 2020). Net income: US$1.46m (up US$10.2m from 1Q 2020). Profit margin: 0.3% (up from net loss in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. 공시 • May 05
Harsco Corporation Provides Earnings Guidance for the Second Quarter and Full Year 2021 Harsco Corporation provided earnings guidance for the second quarter and full year 2021. For the quarter, the company expects GAAP operating income in the range of $29 million to $35 million. GAAP diluted earnings per share is expected in the range of $0.13 to 0.19.
For the year, the company expects GAAP operating income in the range of $120 million to $135 million. Net Interest Expense is expected in the range of $62 million to $63 million. GAAP diluted earnings per share is expected in the range of $0.45 to 0.59. Executive Departure • May 04
Senior VP & CFO has left the company On the 1st of May, Peter Minan's tenure as Senior VP & CFO ended after 6.5 years in the role. We don't have any record of a personal shareholding under Peter's name. A total of 2 executives have left over the last 12 months. 공시 • Mar 11
Harsco Corporation, Annual General Meeting, Apr 20, 2021 Harsco Corporation, Annual General Meeting, Apr 20, 2021, at 09:00 US Eastern Standard Time. Agenda: To consider election of Directors; to consider ratification of the appointment of PricewaterhouseCoopers LLP as independent auditors for the fiscal year ending December 31, 2021; to approve named executive officer compensation; and to vote on an amendment No. 2 to the 2016 non-employee directors' long-term equity compensation plan. Reported Earnings • Feb 28
Full year 2020 earnings released: US$0.41 loss per share (vs US$0.35 profit in FY 2019) The company reported a soft full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: US$1.86b (up 24% from FY 2019). Net loss: US$32.5m (down 215% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Feb 28
Revenue misses expectations Revenue missed analyst estimates by 0.4%. Over the next year, revenue is forecast to grow 17%, compared to a 10% growth forecast for the Commercial Services industry in Germany. Is New 90 Day High Low • Feb 19
New 90-day high: €15.80 The company is up 11% from its price of €14.20 on 20 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Commercial Services industry, which is up 30% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €25.37 per share. 공시 • Jan 12
Harsco Corporation to Report Q4, 2020 Results on Feb 25, 2021 Harsco Corporation announced that they will report Q4, 2020 results Pre-Market on Feb 25, 2021 
