Duyuru • 15h
Cabot Corporation to Report Q3, 2026 Results on Aug 03, 2026 Cabot Corporation announced that they will report Q3, 2026 results After-Market on Aug 03, 2026 Declared Dividend • May 20
Second quarter dividend of US$0.47 announced Shareholders will receive a dividend of US$0.47. Ex-date: 29th May 2026 Payment date: 12th June 2026 Dividend yield will be 2.4%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 7.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 27% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Duyuru • May 06
Cabot Corporation announces Quarterly dividend, payable on June 12, 2026 Cabot Corporation announced Quarterly dividend of USD 0.4725 per share payable on June 12, 2026, ex-date on May 29, 2026 and record date on May 29, 2026. Duyuru • Apr 09
Cabot Corporation to Report Q2, 2026 Results on May 05, 2026 Cabot Corporation announced that they will report Q2, 2026 results After-Market on May 05, 2026 Duyuru • Feb 04
Cabot Corporation (NYSE:CBT) completed the acquisition of Mexico Carbon Manufacturing SA DE CV from Bridgestone Corporation (TSE:5108). Cabot Corporation (NYSE:CBT) entered into a definitive agreement to acquire Mexico Carbon Manufacturing SA DE CV from Bridgestone Corporation (TSE:5108) for $70 million on August 4, 2025. The agreement is to acquire MXCB for $70 million on a debt-free, cash-free basis, subject to customary closing adjustments. The transaction is subject to regulatory approval in Mexico and is expected to close in the next three to six months.
Cabot Corporation (NYSE:CBT) completed the acquisition of Mexico Carbon Manufacturing SA DE CV from Bridgestone Corporation (TSE:5108) on February 2, 2026. Following the transaction, Mexico Carbon Manufacturing's tea would join Cabot.
The transaction received the required regulatory approvals. Duyuru • Feb 03
Cabot Corporation Declares Quarterly Dividend, Payable on March 13, 2026 On January 9, 2026, the Board of Directors of Cabot Corporation declared a quarterly dividend of $0.45 per share on all outstanding shares of the Corporation’s common stock. The dividend is payable on March 13, 2026, to stockholders of record at the close of business on February 27, 2026. Duyuru • Jan 28
Cabot Corporation, Annual General Meeting, Mar 12, 2026 Cabot Corporation, Annual General Meeting, Mar 12, 2026. Location: meetnow.global/m9udkcy, United States Duyuru • Jan 15
Cabot Corporation Announces Changes to Board of Directors Cabot Corporation announced that the terms of Juan Enriquez and William C. Kirby, currently members of the board of directors of Cabot Corporation, will expire at the Company's 2026 Annual Meeting of Stockholders. The Board has nominated Thierry Vanlancker, a director whose term currently expires at the annual meeting of stockholders in 2028, for election at the Company's 2026 Annual Meeting, with a term to expire at the annual meeting of stockholders in 2029. To effect this nomination, on January 8, 2026, Mr. Vanlancker submitted a conditional resignation as a director, effective immediately prior to the 2026 Annual Meeting and conditioned upon his reappointment to the Board as a director whose term expires at the 2026 Annual Meeting. The resignation and reappointment of Mr. Vanlancker will be effected solely for the purpose of rebalancing the members of the Board into three classes of approximately equal size. Duyuru • Jan 09
Cabot Corporation to Report Q1, 2026 Results on Feb 03, 2026 Cabot Corporation announced that they will report Q1, 2026 results After-Market on Feb 03, 2026 Duyuru • Nov 22
Cabot Corporation Announces Executive Changes, Effective November 21, 2025 Cabot Corporation announced that it has appointed William (Bill) Masterson as senior vice president and president, Reinforcement Materials segment, effective November 21, 2025. Masterson succeeds Matthew Wood, who ceases to serve in this position and as an employee of the Company effective immediately (November 21, 2025). Wood’s departure from the Company is not due to any disagreement with the Company on any matter related to the Company’s business performance, operations, financial statements, internal controls, or auditors. Masterson joined Cabot from WR Grace in 2011 and, throughout his tenure, has held a variety of leadership positions with increasing responsibility across the Company’s businesses. Most recently, he served as vice president, Global Business Operations for Carbon and Silica Technologies, where he had global responsibility for all specialty carbon, specialty compounds, fumed metal oxide and aerogel manufacturing facilities spanning multiple regions. In this role, Bill also had leadership responsibility for the product management, supply chain, and product line technology functions, driving critical initiatives to enhance efficiency, optimize performance, and support long-term growth. Prior to that, he was vice president and regional business director for the Americas in the specialty carbons and fumed metal oxides product lines, where he was responsible for all sales, marketing, and technical service activities to drive growth and profitability in these product lines. In addition to these leadership roles, Bill also had enterprise responsibility for global commercial center of excellence. Masterson’s extensive experience managing complex global operations combined with deep expertise in commercial strategy, positions him well to advance Cabot’s objectives in his new role. Duyuru • Nov 14
Cabot Corporation Declares Quarterly Dividend, Payable on December 12, 2025 On November 13, 2025, the Board of Directors of Cabot Corporation declared a quarterly dividend of $0.45 per share on all outstanding shares of the Corporation’s common stock. The dividend is payable on December 12, 2025, to stockholders of record at the close of business on November 28, 2025. Duyuru • Nov 04
Cabot Corporation Announces Executive Changes Cabot Corporation announced that Robert Rist has been appointed Vice President of Investor Relations and Corporate Planning. The transition will take place over the course of the first quarter of fiscal year 2026. In this expanded role, Rist succeeds Steve Delahunt, who will continue with the company as Vice President of Treasury. Rist joined Cabot in 2007 and has held a variety of leadership positions across the organization. Most recently, he served as Vice President of Corporate Strategy and Corporate Planning. His prior roles include senior-level positions within the company’s Reinforcement Materials segment and finance organizations, where he played a key role in advancing the company’s strategic and financial initiatives. In his new role, Rist will lead Cabot’s engagement with the investment community, articulating the company’s financial performance, strategic direction, and long-term growth plans. He will play a key role in ensuring transparency in investor communications. Rist holds a bachelor’s degree in international business and economics from the University of New Hampshire and an MBA with a concentration in corporate finance from Boston College. Duyuru • Oct 03
Cabot Corporation to Report Q4, 2025 Results on Nov 03, 2025 Cabot Corporation announced that they will report Q4, 2025 results After-Market on Nov 03, 2025 Duyuru • Aug 05
Cabot Corporation (NYSE:CBT) entered into a definitive agreement to acquire Mexico Carbon Manufacturing SA DE CV from Bridgestone Corporation (TSE:5108) for $70 million. Cabot Corporation (NYSE:CBT) entered into a definitive agreement to acquire Mexico Carbon Manufacturing SA DE CV from Bridgestone Corporation (TSE:5108) for $70 million on August 4, 2025. The agreement is to acquire MXCB for $70 million on a debt-free, cash-free basis, subject to customary closing adjustments. The transaction is subject to regulatory approval in Mexico and is expected to close in the next three to six months. Duyuru • Jul 29
Cabot Corporation Launches New LITX 95F Conductive Carbon Engineered for Energy Storage Systems Cabot Corporation announced the launch of its new LITX 95F conductive carbon developed for use in lithium-ion batteries for energy storage systems (ESS). Engineered for ESS cells used in residential, commercial and industrial applications, this high-performance conductive additive delivers enhanced conductivity, long cycle life, and improved processability, which is essential for systems that demand durability and stability under frequent cycling. The global ESS market is growing rapidly, driven by the rising demand for grid flexibility, the transition to renewable energy, and the need for reliable power across residential, commercial and industrial sectors. Meeting these evolving needs requires advanced lithium-ion batteries that offer superior cycle life, optimal power delivery and long-term reliability. As the market continues to scale, battery manufacturers need to deliver solutions that are both high-performing and cost-effective. Cabot's LITX 95F solution addresses these challenges by delivering key performance and efficiency advantages that are vital for accelerating ESS adoption. The LITX 95F grade is formulated to improve cycle life and increase energy density. It has demonstrated excellent capacity retention in pouch cell performance testing with thick electrode design, offering ideal flexibility for battery manufacturers to optimize formulations across a wide range of ESS designs. Its high structure morphology helps to enhance conductivity and stability during repeated charge-discharge cycles. It also enables thick cathode design, helping to reduce material costs without compromising battery performance. Duyuru • Jul 12
Cabot Corporation Declares Quarterly Dividend, Payable on September 11, 2025 On July 11, 2025, the Board of Directors of Cabot Corporation declared a quarterly dividend of $0.45 per share on all outstanding shares of the Corporation’s common stock. The dividend is payable on September 11, 2025, to stockholders of record at the close of business on August 29, 2025. Duyuru • Jul 09
Cabot Corporation to Report Q3, 2025 Results on Aug 04, 2025 Cabot Corporation announced that they will report Q3, 2025 results After-Market on Aug 04, 2025 Duyuru • Jun 04
Cabot Corporation Announces Executive Changes Cabot Corporation announced that Hobart (‘Bart’) C. Kalkstein, executive vice president and president of the Company’s Reinforcement Materials Segment, will retire from the Company as of January 5, 2026. In connection with Bart’s retirement, effective June 15, 2025 Matthew (‘Matt’) Wood, the Company’s vice president, global marketing and strategy, for the Company’s Battery Materials product line, will become senior vice president and president, Reinforcement Materials Segment. To assist in a smooth transition, Kalkstein will remain an employee of Cabot through his retirement date. Kalkstein, who joined Cabot in 2005, was elected Executive Vice President in December 2022, and Senior Vice President and President, Reinforcement Materials Segment, in April 2016. Prior to this role, he held a variety of business leadership roles in the Company’s former activated carbon business and its Performance Chemicals Segment. Wood joined Cabot from BP, plc in 2010, and, prior to his current role, has held a variety of regional and global commercial, marketing and strategy, operational and general management roles with increasing responsibility within Cabot’s Reinforcement Materials, Specialty Compounds, and former cesium formate businesses. Matt brings significant business experience within the Reinforcement Materials segment, having previously served as vice president of global marketing and Asia Pacific regional marketing director. In his current role as vice president, global marketing and strategy for the Company’s Battery Materials product line, he has been instrumental in developing and driving the business’s growth strategy. Duyuru • May 06
Cabot Corporation Declares Quarterly Dividend, Payable on June 13, 2025 On May 5, 2025, the Board of Directors of Cabot Corporation declared a quarterly dividend of $0.45 per share, an increase of 5% compared to the current quarterly dividend of $0.43 per share, on all outstanding shares of the Corporation’s common stock. The dividend is payable on June 13, 2025, to stockholders of record at the close of business on May 30, 2025. Duyuru • Jan 27
Cabot Corporation, Annual General Meeting, Mar 13, 2025 Cabot Corporation, Annual General Meeting, Mar 13, 2025. Location: meetnow.global/mshnrkj, United States Duyuru • Jan 11
Cabot Corporation Declares Quarterly Dividend, Payable on March 14, 2025 On January 10, 2025, the Board of Directors of Cabot Corporation declared a quarterly dividend of $0.43 per share on all outstanding shares of the Corporation’s common stock. The dividend is payable on March 14, 2025, to stockholders of record at the close of business on February 28, 2025. Recent Insider Transactions • Nov 15
Executive VP recently sold €1.6m worth of stock On the 13th of November, Jeff Zhu sold around 15k shares on-market at roughly €107 per share. This transaction amounted to 17% 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 €5.1m more than they bought in the last 12 months. Duyuru • Nov 09
Cabot Corporation Declares Quarterly Cash Dividend, Payable on December 13, 2024 On November 8, 2024, the Board of Directors of Cabot Corporation declared a quarterly dividend of $0.43 per share on all outstanding shares of the Corporation’s common stock. The dividend is payable on December 13, 2024, to stockholders of record at the close of business on November 29, 2024. Reported Earnings • Nov 06
Full year 2024 earnings released: EPS: US$6.82 (vs US$7.79 in FY 2023) Full year 2024 results: EPS: US$6.82 (down from US$7.79 in FY 2023). Revenue: US$3.99b (up 1.6% from FY 2023). Net income: US$380.0m (down 13% from FY 2023). Profit margin: 9.5% (down from 11% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Duyuru • Oct 07
Cabot Corporation to Report Q4, 2024 Results on Nov 04, 2024 Cabot Corporation announced that they will report Q4, 2024 results After-Market on Nov 04, 2024 Recent Insider Transactions • Aug 29
Executive VP recently sold €1.4m worth of stock On the 27th of August, Jeff Zhu sold around 15k shares on-market at roughly €93.19 per share. This transaction amounted to 15% 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 €2.0m more than they bought in the last 12 months. Upcoming Dividend • Aug 23
Upcoming dividend of US$0.43 per share Eligible shareholders must have bought the stock before 30 August 2024. Payment date: 13 September 2024. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.3%). Reported Earnings • Aug 06
Third quarter 2024 earnings released: EPS: US$1.96 (vs US$1.44 in 3Q 2023) Third quarter 2024 results: EPS: US$1.96 (up from US$1.44 in 3Q 2023). Revenue: US$1.02b (up 5.0% from 3Q 2023). Net income: US$109.0m (up 35% from 3Q 2023). Profit margin: 11% (up from 8.4% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jul 22
Second quarter dividend of US$0.43 announced Shareholders will receive a dividend of US$0.43. Ex-date: 30th August 2024 Payment date: 13th September 2024 Dividend yield will be 1.8%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is well covered by both earnings (20% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 8.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Duyuru • Jul 16
Cabot Corporation to Report Q3, 2024 Results on Aug 05, 2024 Cabot Corporation announced that they will report Q3, 2024 results After-Market on Aug 05, 2024 Upcoming Dividend • May 27
Upcoming dividend of US$0.43 per share Eligible shareholders must have bought the stock before 31 May 2024. Payment date: 14 June 2024. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (5.2%). Duyuru • May 14
Cabot Corporation Launches New Universal Circular Black Masterbatches with Certified Sustainable Material Cabot Corporation announced the launch of its new REPLASBLAK universal circular black masterbatches with certified sustainable material. With this launch, Cabot has introduced two new products which will be sold as the industry’s first-ever universal circular black masterbatches with International Sustainability & Carbon Certification (ISCC PLUS) certified content. The new REPLASBLAK universal circular black masterbatches are powered by EVOLVE Sustainable Solutions and will enable Cabot to continue to deliver the high-performance, quality and reliability that the plastics industry requires at scale for certified circular solutions. The global transition toward a lower carbon future is driving the need for advanced sustainable solutions that support a circular economy and reduce greenhouse gas (GHG) emissions. As such, automotive plastic compounders and converters are seeking third-party certified black masterbatch products that leverage circular value chains and recycled feedstocks in the product manufacturing process. Cabot is positioned to enable a more sustainable future with its new universal circular black masterbatch products that are made from mechanically recycled polymer. These solutions offer customers an ISCC PLUS certified single masterbatch for use in a wide range of automotive applications for coloring polyolefins and many engineering plastics. The two new products, REPLASBLAK reUN5285 universal circular black masterbatch and REPLASBLAK® reUN5290 universal circular black masterbatch, are powered by EVOLVE Sustainable Solutions under the recovered category. These solutions enhance Cabot’s well-established range of universal black masterbatches recognized for the coloring of a wide range of polymers with the added benefit of sustainability. The solutions offer superior versatility by enabling the use of a single masterbatch at a low addition rate, resulting in material management efficiency in the product manufacturing process. Furthermore, both grades enable high gloss and high jetness pigmentation, offering superior color performance and mechanical properties similar to a standard universal black masterbatch. This makes the solutions suitable for use in various applications in the automotive segment, including interiors, exterior parts and under-the-hood applications. REPLASBLAK reUN5285 universal circular black masterbatch leverages a 45% ISCC PLUS mass balance certified material made from mechanically recycled polymer. The solution is suitable for compounding applications in the automotive industry. REPLASBLAK reUN5290 universal circular black masterbatch leverages a 20% ISCC PLUS mass balance certified material made from mechanically recycled polymer. The solution is suitable for compounding as well as direct injection molding and sheet extrusion applications in the automotive industry. EVOLVE Sustainable Solutions is Cabot’s technology platform for delivering sustainable reinforcing carbons and other performance materials. Products powered by EVOLVE Sustainable Solutions offer sustainable content with reliable performance at industrial scale by leveraging circular value chains and/or materials recovered from end-of-life tires and/or recycled materials, and/or renewable and bio-based materials, and/or processes that reduce GHG emissions. Declared Dividend • May 13
Second quarter dividend of US$0.43 announced Shareholders will receive a dividend of US$0.43. Ex-date: 31st May 2024 Payment date: 14th June 2024 Dividend yield will be 1.6%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is well covered by both earnings (20% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 8.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • May 07
Second quarter 2024 earnings released: EPS: US$1.51 (vs US$1.30 in 2Q 2023) Second quarter 2024 results: EPS: US$1.51 (up from US$1.30 in 2Q 2023). Revenue: US$1.02b (down 1.4% from 2Q 2023). Net income: US$84.0m (up 15% from 2Q 2023). Profit margin: 8.2% (up from 7.1% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Duyuru • May 07
Cabot Corporation Declares Quarterly Dividend, Payable on June 14, 2024 Cabot Corporation declared a quarterly dividend of $0.43 per share, an increase of 8% compared to the current quarterly dividend of $0.40 per share, on all outstanding shares of the Corporation’s common stock. The dividend is payable on June 14, 2024, to stockholders of record at the close of business on May 31, 2024. Duyuru • Apr 19
U.S. Department of Energy Selects Cabot Corporation and Partners for $5 Million in Grant to Support Continued Advancement of Global Hydrogen Economy Cabot Corporation announced that the U.S. Department of Energy (DOE), under the Bipartisan Infrastructure Law, selected its application for a $5 million research grant. This grant will be used by Cabot and its partners to support the deployment of fuel cells, which emit only water when creating electricity. The transition to electric in the worldwide mobility landscape is significantly supported by fuel cells, especially in the electrification of long-distance transportation. This importance stems from the fact that the extended driving range and management of heavier loads necessary for long-haul travel present difficulties for the adoption of battery technology. The project will focus on developing an innovative and scalable manufacturing process for producing specialized carbon black that can be used as carbon catalyst supports for fuel cells. This technology will support and accelerate the establishment of a domestic catalyst supply chain, by providing a reliable source of high-performance carbon catalyst support. Cabot is the lead recipient on the project titled, “Scalable, Innovative Manufacturing Process for Novel Carbon Supports for Metal Catalysts for Medium and Heavy-Duty Proton Exchange Membrane Fuel Cells.” Building on Cabot’s strengths in carbon black particle production and engineering, especially in developing and commercializing carbon catalyst supports for fuel cells, this project will be deployed through collaborative research with Johnson Matthey, a leading manufacturer of catalysts and associated assemblies as well as Bosch, a leading fuel cell stack manufacturer and the University of California, Irvine, a leading research university in fuel cell technology. This project is poised to revolutionize the production of carbon catalyst supports essential for medium and heavy-duty fuel cells, aiming for a more sustainable and cost-effective manufacturing process. By developing a scalable and innovative manufacturing process, the project seeks to achieve high catalyst performance while optimizing the production process to increase process versatility, reduce production cost and minimize environmental impact. The grant funding of $750 million for projects focused on enhancing hydrogen technologies, announced under the Bipartisan Infrastructure Law by the DOE, is dedicated to improving manufacturing and recycling capabilities for clean hydrogen systems and components. This investment aligns with the national clean hydrogen strategy detailed in the U.S. National Clean Hydrogen Strategy and Roadmap, which aims to lower costs, boost manufacturing, strengthen supply chains and support domestic employment in the clean hydrogen sector. Duyuru • Apr 09
Cabot Corporation to Report Q2, 2024 Results on May 06, 2024 Cabot Corporation announced that they will report Q2, 2024 results After-Market on May 06, 2024 Duyuru • Mar 19
Cabot Corporation Launches New PROPEL® E8 Engineered Reinforcing Carbon Black for Tire Tread Applications Cabot Corporation announced the global launch of its new PROPEL® E8 engineered reinforcing carbon black designed to provide superior tread durability at low rolling resistance for high-performance tire tread applications. This new product addresses the unique challenges posed by the heavier weight and higher torque of electric vehicles (EVs) compared to traditional internal combustion engine (ICE) vehicles. The PROPEL E8 grade complements Cabot’s existing solutions within the PROPEL E series, which are also suitable for use in high-performance tires. The treads of EV tires require a performance balance difficult to meet with traditional, high surface area ASTM carbon blacks. The PROPEL E8 solution enables better rolling resistance when compared to ASTM N200 and N100 carbon black grades. It also provides high stiffness and modulus with abrasion resistance equal to ASTM N100 series carbon black. The PROPEL E8 grade complements the other solutions in its PROPEL E portfolio including grades PROPEL E3, PROPEL E6 and PROPEL E7, which can also deliver performance and sustainability benefits for various high-performance tire formulations. Cabot’s PROPEL E series is comprised of high surface area, medium structure reinforcing carbon blacks specifically engineered to increase the overall sustainability of the tire value chain, enabling tread formulators to deliver tires with low rolling resistance for maximum range while enhancing tread durability to extend tire life span, resulting in fewer EOLTs. In addition, PROPEL E3 carbon black considerably reduces hysteresis enabling low rolling resistance, which is a critical design consideration for EV tires to maximize range. Recent Insider Transactions • Mar 12
Insider recently sold €616k worth of stock On the 7th of March, Hobart Kalkstein sold around 8k shares on-market at roughly €80.53 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Upcoming Dividend • Feb 15
Upcoming dividend of US$0.40 per share at 2.0% yield Eligible shareholders must have bought the stock before 22 February 2024. Payment date: 08 March 2024. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (6.1%). Reported Earnings • Feb 06
First quarter 2024 earnings released: EPS: US$0.90 (vs US$0.94 in 1Q 2023) First quarter 2024 results: EPS: US$0.90 (down from US$0.94 in 1Q 2023). Revenue: US$958.0m (flat on 1Q 2023). Net income: US$50.0m (down 5.7% from 1Q 2023). Profit margin: 5.2% (down from 5.5% in 1Q 2023). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Duyuru • Jan 27
Cabot Corporation, Annual General Meeting, Mar 07, 2024 Cabot Corporation, Annual General Meeting, Mar 07, 2024, at 16:00 US Eastern Standard Time. Agenda: To consider Election of Cynthia A. Arnold, Douglas G. Del Grosso, and Christine Y. Yan to the class of directors whose term expires in 2027; to consider the Advisory approval of executive compensation; to consider the Approval of the Cabot Corporation 2024 Non-Employee Director Plan; to consider Ratification of the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for the fiscal year ending September 30, 2024; and to consider other business matters. Duyuru • Jan 13
Cabot Corporation Declares Quarterly Dividend, Payable on March 8, 2024 On January 12, 2024, the Board of Directors of Cabot Corporation declared a quarterly dividend of $0.40 per share on all outstanding shares of the Corporation’s common stock. The dividend is payable on March 8, 2024, to stockholders of record at the close of business on February 23, 2024. Duyuru • Jan 10
Cabot Corporation to Report Q1, 2024 Results on Feb 05, 2024 Cabot Corporation announced that they will report Q1, 2024 results After-Market on Feb 05, 2024 Duyuru • Nov 11
Cabot Corporation Declares Dividend, Payable on December 8, 2023 Cabot Corporation declared a quarterly dividend of $0.40 per share on all outstanding shares of the Corporation’s common stock. The dividend is payable on December 8, 2023, to stockholders of record at the close of business on November 24, 2023. Reported Earnings • Nov 08
Full year 2023 earnings released: EPS: US$7.88 (vs US$3.65 in FY 2022) Full year 2023 results: EPS: US$7.88 (up from US$3.65 in FY 2022). Revenue: US$3.93b (down 9.0% from FY 2022). Net income: US$445.0m (up 116% from FY 2022). Profit margin: 11% (up from 4.8% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Duyuru • Nov 07
Cabot Corporation Launches New REPLASBLAK Circular Black Masterbatch Product Family with Sustainable Material Cabot Corporation announced the launch of its new REPLASBLAK™ product family of circular black masterbatches with certified material. With this launch, Cabot has introduced three products which will be sold as the company’s first-ever International Sustainability & Carbon Certification (ISCC PLUS) certified black masterbatch products powered by EVOLVE® Sustainable Solutions. Cabot’s recently launched EVOLVE® Sustainable Solutions technology platform is designed to deliver products that offer sustainable content with reliable performance at industrial scale. The REPLASBLAK circular black masterbatches powered by EVOLVE Sustainable Solutions will enable Cabot to deliver the reliable performance, quality and consistency that the plastics industry requires at scale for certified solutions. Cabot’s EVOLVE Sustainable Solutions technology platform is designed to deliver sustainable reinforcing carbons and other performance materials across three sustainability categories – recovered, renewable and reduced. Cabot has launched three new black masterbatch products powered by EVOLVE Sustainable Solutions under the recovered category including, REPLASBLAK™ rePE5475 100% circular black masterbatch, REPLASBLAK™ rePE5265 70% circular black masterbatch and REPLASBLAK™ rePE5250 60% circular black masterbatch. All three products leverage an ISCC PLUS certified mass balance approach. ISCC is a globally applicable certification system designed to ensure compliance with ecological and social requirements, greenhouse gas emissions savings and traceability. Mass balance accounting is a chain of custody approach designed to trace the flow of materials through a complex value chain, including recycled feedstock at plants. REPLASBLAK rePE5475 100% circular black masterbatch leverages 100% ISCC PLUS mass balance certified material made from reclaimed carbons from end-of-life tires pyrolysis and mechanically recycled polyethylene. It delivers more than a 60% GHG reduction in comparison to a standard black masterbatch and adheres to the ISCC PLUS voluntary add-on GHG emissions requirements. It delivers medium tint strength, making it suitable for applications that require higher circular content including compounding, recycling, injection molding and sheet extrusion applications relevant to the automotive, agriculture, packaging and construction segments. REPLASBLAK rePE5265 70% circular black masterbatch leverages 70% ISCC PLUS mass balance certified material made from mechanically recycled polyethylene. It reduces GHG emissions by nearly 50% in comparison to a standard black masterbatch and adheres to the ISCC PLUS voluntary add-on GHG emissions requirements. It delivers high gloss and jet pigmentation in thermoplastics, making it suitable for compounding, recycling, injection molding and sheet extrusion applications relevant to the automotive segment. REPLASBLAK rePE5250 60% circular black masterbatch leverages 60% ISCC PLUS mass balance certified material made from mechanically recycled polyethylene. It reduces GHG emissions by nearly 50% in comparison to a standard black masterbatch and adheres to the ISCC PLUS voluntary add-on GHG emissions requirements. It delivers high tint strength making it suitable for compounding, recycling, injection molding and sheet extrusion applications relevant to the automotive segment. Duyuru • Oct 10
Cabot Corporation to Report Q4, 2023 Results on Nov 06, 2023 Cabot Corporation announced that they will report Q4, 2023 results After-Market on Nov 06, 2023 Duyuru • Sep 16
Cabot Corporation Announces Changes to Board of Directors Cabot Corporation announced that Michelle Williams, Ph.D., has been elected to its Board of Directors, effective September 13, 2023. She was also appointed a member of the Audit Committee of the Board of Directors, effective September 13, 2023. Prior to her retirement in 2021, Dr. Williams was Global Group President of Altuglas International, a manufacturer of polymethyl methacrylate (PMMA) anda subsidiary of Arkema S.A., a manufacturer of specialty chemicals and advanced materials. Dr. Williams has been a Director of Brady Corporation, a manufacturer and supplier of identification solutions and workplace safety products, since 2019, where she serves as Chair of the Technology Committee and a member of the Management Development and Compensation and Corporate Governance Committees. With Dr. Williams’ election to the Board, Sue Rataj advised the Company that she would be retiring from the Board effective May 31, 2024. Ms. Rataj has served as a director of Cabot since 2011. In addition to her role as Non-Executive Chair, which she has held since March 2018, Ms. Rataj currently serves as Chair of the Governance and Nominating and the Executive Committees. To ensure a smooth leadership transition, Ms. Rataj will step down as Non-Executive Chair effective October 1, 2023, and will remain Chair of the Governance and Nominating and Executive Committees until her retirement from the Board. Michael Morrow, who has served as a director of Cabot since 2017 and who currently serves as Chair of Cabot’s Audit Committee, has been electedNon-Executive Chair of the Board effective October 1, 2023. With these appointments, effective October 1, 2023, Mr. Morrow will step down as Chair and a member of the Company’s Audit Committee, and Frank (“Andy”) Wilson hasbeen elected Chair of the Audit Committee. Mr. Wilson will also join the Company’s Governance and Nominating Committee at this time. Upcoming Dividend • Aug 17
Upcoming dividend of US$0.40 per share at 2.3% yield Eligible shareholders must have bought the stock before 24 August 2023. Payment date: 08 September 2023. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (6.0%). Reported Earnings • Aug 08
Third quarter 2023 earnings released: EPS: US$1.45 (vs US$1.71 in 3Q 2022) Third quarter 2023 results: EPS: US$1.45 (down from US$1.71 in 3Q 2022). Revenue: US$968.0m (down 16% from 3Q 2022). Net income: US$82.0m (down 15% from 3Q 2022). Profit margin: 8.5% (up from 8.4% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Duyuru • Jul 15
Cabot Corporation Declares a Quarterly Dividend, Payable on September 8, 2023 On July 14, 2023, the Board of Directors of Cabot Corporation declared a quarterly dividend of $0.40 per share on all outstanding shares of the Corporation’s common stock. The dividend is payable on September 8, 2023, to stockholders of record at the close of business on August 25, 2023. Duyuru • Jul 12
Cabot Corporation to Report Q3, 2023 Results on Aug 07, 2023 Cabot Corporation announced that they will report Q3, 2023 results at 4:00 PM, US Eastern Standard Time on Aug 07, 2023 Upcoming Dividend • May 18
Upcoming dividend of US$0.40 per share at 2.3% yield Eligible shareholders must have bought the stock before 25 May 2023. Payment date: 09 June 2023. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.7%). Reported Earnings • May 09
Second quarter 2023 earnings released: EPS: US$1.32 (vs US$1.86 in 2Q 2022) Second quarter 2023 results: EPS: US$1.32 (down from US$1.86 in 2Q 2022). Revenue: US$1.03b (down 5.4% from 2Q 2022). Net income: US$75.0m (down 29% from 2Q 2022). Profit margin: 7.3% (down from 9.6% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Duyuru • May 09
Cabot Corporation Declares A Quarterly Dividend, Payable on June 9, 2023 Cabot Corporation declared a quarterly dividend of $0.40 per share, an increase of 8% compared to the current quarterly dividend, on all outstanding shares of the Corporation’s common stock. The dividend is payable on June 9, 2023, to stockholders of record at the close of business on May 26, 2023. Board Change • May 01
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. 4 highly experienced directors. Independent Director Raffiq Nathoo was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Feb 16
Upcoming dividend of US$0.37 per share at 1.9% yield Eligible shareholders must have bought the stock before 23 February 2023. Payment date: 10 March 2023. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (5.2%). Reported Earnings • Feb 10
First quarter 2023 earnings released: EPS: US$0.96 (vs US$1.57 loss in 1Q 2022) First quarter 2023 results: EPS: US$0.96 (up from US$1.57 loss in 1Q 2022). Revenue: US$965.0m (flat on 1Q 2022). Net income: US$54.0m (up US$143.0m from 1Q 2022). Profit margin: 5.6% (up from net loss in 1Q 2022). Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Duyuru • Jan 27
Cabot Corporation, Annual General Meeting, Mar 09, 2023 Cabot Corporation, Annual General Meeting, Mar 09, 2023, at 16:00 US Eastern Standard Time. Agenda: To elect four directors, Juan Enriquez, Sean D. Keohane, William C. Kirby, and Raffiq Nathoo to the class of directors whose term expires in 2026; to approve, in an advisory vote, executive compensation; to approve, in an advisory vote, whether future executive compensation advisory votes should occur every one, two, or three years; to ratify the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending September 30, 2023; and to transact such other business as may properly come before the annual meeting or any adjournment or postponement thereof. Duyuru • Jan 15
Cabot Corporation Declares Quarterly Dividend, Payable on March 10, 2023 On January 13, 2023, the Board of Directors of Cabot Corporation declared a quarterly dividend of $0.37 per share on all outstanding shares of the Corporation’s common stock. The dividend is payable on March 10, 2023, to stockholders of record at the close of business on February 24, 2023. Duyuru • Jan 10
Cabot Corporation to Report Q1, 2023 Results on Feb 09, 2023 Cabot Corporation announced that they will report Q1, 2023 results After-Market on Feb 09, 2023 Duyuru • Dec 22
Cabot Corporation Announces Executive Leadership Promotions Cabot Corporation announced the promotions to Executive Vice President for three senior leaders: Hobart C. Kalkstein, President, Reinforcement Materials Segment, Digital and Americas Region; Erica McLaughlin, Chief Financial Officer (CFO) and Head of Corporate Strategy; and Jeff Zhu, President, Performance Chemicals Segment and Asia Pacific Region. All three continue to report to Sean Keohane, President and Chief Executive Officer. Kalkstein joined the executive management team in April 2016 as Senior Vice President and President, Reinforcement Materials Segment and President, Americas Region. He also is responsible for Cabot’s Digital organization. Kalkstein has held several key management positions since joining the company in 2005. Kalkstein was previously vice president of corporate strategy and development; vice president of global business operations and general manager of global emission control solutions for the Purification Solutions segment; vice president of business operations and executive director of marketing and business strategy for the Performance Chemicals segment; and general manager of the aerogel business. Prior to joining Cabot, Kalkstein worked for Boston Consulting Group. Kalkstein earned his MBA from Harvard University and a BSE in civil engineering and operations research at Princeton University. McLaughlin was appointed Senior Vice President and CFO in May 2018, after serving as vice president of business operations for the Reinforcement Materials segment and general manager of the tire business. She also leads Cabot’s corporate strategy and corporate communications functions. McLaughlin joined Cabot in 2002 and has held a variety of roles within the finance organization and Cabot’s global businesses. Since joining the company, she has held a number of senior leadership positions including vice president of investor relations and corporate communications, as well as global director of strategy, planning and finance for Cabot’s core segment. Prior to joining Cabot, Erica worked for KPMG, LLP in their audit services division. She is a Certified Public Accountant and earned an MBA and a BS in accounting from Boston College. She also serves on the Board of Directors of Azenta Life Sciences (Nasdaq: AZTA) and the Advisory Board of FM Global. Zhu joined Cabot in 2012 as a Senior Vice President and President of the Asia Pacific region. As President, Performance Chemicals Segment, Zhu is also responsible for the management of the Performance Chemicals segment including the battery materials, specialty carbons, specialty compounds, fumed metal oxides, inkjet, and aerogel product lines. Jeff's most recent experience before joining Cabot was with Asia Pacific Resources International Holding Limited (APRIL), a multibillion USD privately owned global paper and pulp company, where he served as head of global sales. Prior to that, he spent 18 years with Rhodia (and its predecessor Rhone-Poulenc) where he served in a variety of regional and global business leadership roles, including Asia Pacific regional commercial director, regional vice president and general manager of Novecare, and vice president and global director of electronics and catalysis. He served as the chairman of the board of the Association of International Chemical Manufacturers (AICM). Jeff earned his Master of Science degree in Chemistry from National University of Singapore and a distinction MBA from the University of Hull, UK. Reported Earnings • Nov 25
Full year 2022 earnings released: EPS: US$3.65 (vs US$4.36 in FY 2021) Full year 2022 results: EPS: US$3.65 (down from US$4.36 in FY 2021). Revenue: US$4.32b (up 27% from FY 2021). Net income: US$206.0m (down 17% from FY 2021). Profit margin: 4.8% (down from 7.2% in FY 2021). Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Nov 16
Upcoming dividend of US$0.37 per share Eligible shareholders must have bought the stock before 23 November 2022. Payment date: 09 December 2022. Payout ratio is a comfortable 40% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.3%). Duyuru • Nov 11
Cabot Corporation Board Declares Dividend, Payable on December 9, 2022 On November 10, 2022, the Board of Directors of Cabot Corporation declared quarterly dividend of $0.37 per share on all outstanding shares of the Corporation’s common stock. The dividend is payable on December 9, 2022, to stockholders of record at the close of business on November 25, 2022. Reported Earnings • Nov 09
Full year 2022 earnings released: EPS: US$3.67 (vs US$4.36 in FY 2021) Full year 2022 results: EPS: US$3.67 (down from US$4.36 in FY 2021). Revenue: US$4.32b (up 27% from FY 2021). Net income: US$209.0m (down 15% from FY 2021). Profit margin: 4.8% (down from 7.2% in FY 2021). Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Duyuru • Nov 04
Cabot Corporation Launches New LITX 93 Series of Conductive Carbon Additives for Lithium-Ion Battery Applications Cabot Corporation announced the launch of its new LITX 93 series of conductive carbon additives (CCA) for use in lithium-ion batteries for electric vehicles (EV), energy storage applications and consumer electronics. The market for lithium-ion batteries is expected to experience exponential growth due to the increasing consumption of rechargeable batteries and a rise in the adoption of EVs. This battery growth is expected to also fuel the demand for material components within batteries, including performance additives such as CCAs to support the rapid shift to EVs across the globe. CCAs are essential to build and sustain the conductive network of lithium-ion batteries for EVs, as they connect active materials within the electrode to enable an efficient and durable charge transfer, resulting in optimal electronic conductivity and lithium-ion diffusion. The LITX 93 series can enable high energy density and high-rate charge-discharge performance for lithium-ion batteries due to their excellent dispersibility and conductive particle morphology. This series of conductive carbon products can be applied in both anode and cathode and is suitable for a variety of cathode active materials such as lithium iron phosphate (LFP), nickel cobalt manganese (NCM) and lithium cobalt oxide (LCO). Furthermore, the LITX93 series is offered in a versatile powder form, enabling battery manufacturers design flexibility for their end-use products. In addition to the LITX 93 series, Cabot offers the broadest portfolio of CCAs to enable the next generation of lithium-ion batteries, which include conductive carbons, carbon nanotubes (CNT), carbon nanostructures (CNS), and graphenes. Duyuru • Oct 27
Cabot Corporation Expands Engineered Elastomer Composites Portfolio for Use in Broader Range of Tire and Rubber Applications Cabot Corporation announced the expansion of its Engineered Elastomer Composites (E2C) product line with the launch of two new products, E2C™ FX9570 and E2C™ EX9620 solutions. These solutions provide rubber manufacturers with additional options to design products for high durability in demanding operating environments. Furthermore, they deliver improvements in durability and heat minimization that have benefits in off-the-road tires like aircraft and port tires, truck tires used on rough surfaces, as well as in other industrial rubber products exposed to severe wear conditions or high operating temperatures. The E2C solutions family includes three performance series – Durability, Efficiency and Foundation. The E2C EX9620 product is the first solution released in the Efficiency series and is designed to enable cool-running rubber compounds with strong resistance to abrasion and cutting. EX9620 is optimally deployed in applications where rubber products are subject to excessive heat loads caused by high operating speeds, heavy loads, long duty cycles and/or high temperatures. The E2C FX9570 product is part of the Foundation series and enables high rubber durability in rough environments where cutting and chipping is prevalent, and duty cycles demand higher heat resistance. FX9570 lowers heat build-up by up to 20% versus conventional compounds. Cabot’s E2C solutions enable rubber product manufacturers to simplify commercialization of differentiated products through the availability of high performance, pre-mixed composites delivered in an easy-to-handle product form. Enabled by proprietary process technology that mixes reinforcing agents into elastomers, E2C solutions can be integrated into the current production methods of rubber compounders without additional investment, enabling faster product development and more flexible innovation. By improving product performance, E2C solutions also deliver economic and sustainability benefits for rubber products manufacturers and their customers as products made with E2C solutions have been demonstrated to last 15-30% longer than products made with conventional compounds and enable a more fuel-efficient operation by reducing energy loss in rubber components. Cabot’s E2C solutions family also includes the E2C™ DZ8650, E2C™ DX9730, E2C™ DX9640 and E2C™ FX9390 products. Recently, Cabot’s E2C product line was named to European Rubber Journal’s “Top 10 Elastomers for Sustainability” list for the second time. This list ranks the most important development projects focused on enhancing the sustainability of elastomers and rubber materials. Duyuru • Oct 12
Cabot Corporation to Report Q4, 2022 Results on Nov 07, 2022 Cabot Corporation announced that they will report Q4, 2022 results After-Market on Nov 07, 2022 Upcoming Dividend • Aug 18
Upcoming dividend of US$0.37 per share Eligible shareholders must have bought the stock before 25 August 2022. Payment date: 09 September 2022. Payout ratio is a comfortable 58% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (5.7%). Reported Earnings • Aug 09
Third quarter 2022 earnings released: EPS: US$1.71 (vs US$1.48 in 3Q 2021) Third quarter 2022 results: EPS: US$1.71 (up from US$1.48 in 3Q 2021). Revenue: US$1.15b (up 25% from 3Q 2021). Net income: US$97.0m (up 16% from 3Q 2021). Profit margin: 8.4% (down from 9.2% in 3Q 2021). Over the next year, revenue is forecast to grow 8.6%, compared to a 3.6% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings. Upcoming Dividend • May 19
Upcoming dividend of US$0.37 per share Eligible shareholders must have bought the stock before 26 May 2022. Payment date: 10 June 2022. Payout ratio is a comfortable 63% but the company is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (4.4%). Lower than average of industry peers (5.0%). Duyuru • May 14
Cabot Corporation Declares Quarterly Dividend on All Outstanding Shares of the Corporation’s Common Stock, Payable on June 10, 2022 On May 13, 2022, the Board of Directors of Cabot Corporation declared a quarterly dividend of $0.37 per share on all outstanding shares of the Corporation’s common stock. The dividend is payable on June 10, 2022, to stockholders of record at the close of business on May 27, 2022. Duyuru • May 13
Cabot Corporation Elects Raffiq Nathoo to its Board of Directors and Member of the Audit Committee of the Board of Directors Cabot Corporation announced that Raffiq Nathoo has been elected to its Board of Directors, effective May 12, 2022. He was also appointed a member of the Audit Committee of the Board of Directors, effective May 12, 2022. Since August 2019, Mr. Nathoo has served as a Managing Partner of TX3Sage Rock, a private investment management firm. Mr. Nathoo has 30 years of experience which spans the investment banking, private equity, and public equity businesses, including over 22 years at Blackstone where he was a Senior Managing Director for 14 years and led the firm’s advisory practice globally in the energy, power and utilities sectors, with New Mountain Capital where he served as an Executive-in-Residence, and with Salomon Brothers Inc. where he started his career. Reported Earnings • May 04
Second quarter 2022 earnings released: EPS: US$1.87 (vs US$1.31 in 2Q 2021) Second quarter 2022 results: EPS: US$1.87 (up from US$1.31 in 2Q 2021). Revenue: US$1.09b (up 30% from 2Q 2021). Net income: US$107.0m (up 45% from 2Q 2021). Profit margin: 9.8% (up from 8.8% in 2Q 2021). Over the next year, revenue is forecast to grow 3.9%, compared to a 8.3% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Duyuru • Apr 08
Cabot Corporation to Report Q2, 2022 Results on May 02, 2022 Cabot Corporation announced that they will report Q2, 2022 results After-Market on May 02, 2022 Duyuru • Feb 24
Cabot Corporation Expands Engineered Elastomer Composites Solutions for Use in Retreading of Off-The-Road Tires Cabot Corporation announced the expansion of its Engineered Elastomer Composites product line for use in retreading applications for off-the-road tires. Enabled by propriety process technology that mixes reinforcing carbons into elastomers, E2C solutions for the OTR tire retreading application deliver premium performance that maximizes the life of retreads, improves the productivity and efficiency of mining operations, and reduces impact on the environment. Retreading is a prime example of the circular economy as worn tires are repaired for reuse rather than being disposed as waste. As tire manufacturers and mining companies look to decrease their environmental footprints, retreading OTR tires can save tires from landfills and enable fleets to operate more sustainably. OTR tire retreaders and rubber compound suppliers can now leverage Cabot’s E2C products to extend the life of the retread by as much as 30%, reducing tire costs and improving the productivity of operations by decreasing the frequency of truck downtime for a tire replacement while minimizing impact on the environment. Cabot’s current portfolio of E2C products, which includes E2C™ DX9730, E2C™ DX9640, and E2C™ FX9390 grades can deliver several benefits for retreading applications. Since E2C products are delivered in a pre-mixed form, rubber compounders can create differentiated products without the need to handle additional specialty fillers and can expand production capacity by reducing both the time and total number of mixing steps. Rubber compounders have used Cabot E2C products in both tangential and intermesh type mixers for rubber compounding. Both pre-cure and strip winding processes can be used to retread OTR tires made with E2C solutions. Retreads leveraging E2C technology have been successfully deployed into field locations in both North and South America in OTR tires ranging from 35 to 63-inch diameter. Upcoming Dividend • Feb 17
Upcoming dividend of US$0.37 per share Eligible shareholders must have bought the stock before 24 February 2022. Payment date: 11 March 2022. Payout ratio is on the higher end at 82% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (3.6%). Recent Insider Transactions • Feb 14
Senior VP recently sold €242k worth of stock On the 10th of February, Hobart Kalkstein sold around 4k shares on-market at roughly €60.46 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €737k more than they bought in the last 12 months. Reported Earnings • Feb 01
First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat First quarter 2022 results: US$1.57 loss per share (down from US$1.06 profit in 1Q 2021). Revenue: US$968.0m (up 30% from 1Q 2021). Net loss: US$89.0m (down 248% from profit in 1Q 2021). Revenue exceeded analyst estimates by 11%. Over the next year, revenue is forecast to stay flat compared to a 5.8% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Duyuru • Jan 28
Cabot Corporation, Annual General Meeting, Mar 10, 2022 Cabot Corporation, Annual General Meeting, Mar 10, 2022, at 16:00 US Eastern Standard Time. Agenda: To elect Board of Directors to ratify the appointment of Deloitte & Touche LLP as Cabot's independent registered public accounting firm and other business issues if any. Duyuru • Nov 30
OEP Capital Advisors, L.P. signed an agreement to acquire Norit International N.V. from Cabot Corporation (NYSE:CBT). OEP Capital Advisors, L.P. signed an agreement to acquire Norit International N.V. from Cabot Corporation (NYSE:CBT) on November 29, 2021. PNC Bank NA is providing debt financing for the transaction. The transaction is subject to customary closing conditions and work council consultations and is expected to close by the end of Quater 1 2022. Latham & Watkins LLP acted as legal advisor and KPMG LLP acted as accountant for OEP Capital Advisors, L.P. Duyuru • Nov 27
OEP Capital Advisors, L.P. entered into an agreement to acquire Purification Solutions Business of Cabot Corporation (NYSE : CBT) for $111 million. OEP Capital Advisors, L.P. entered into an agreement to acquire Purification Solutions Business of Cabot Corporation (NYSE : CBT) for $111 million on November 26, 2021. The transaction valued at $111 million, subject to certain debt-like and other closing adjustments. Cabot Corporation expects to recognize a pre-tax impairment charge in the range of $155 million to $165 million in the first fiscal quarter of 2022 in relation to the sale with net cash proceeds from the transaction expected to be approximately $80 million. In fiscal 2021, the Purification Solutions business generated $257 million in revenue. The transaction is subject to customary closing conditions and applicable works council consultations and it will close during its second fiscal quarter of 2022. Credit Suisse (USA), Inc. acted as a financial advisor to Cabot Corporation and K&L Gates LLP acted as a legal advisor to Cabot Corporation. Reported Earnings • Nov 09
Full year 2021 earnings released: EPS US$0.51 (vs US$4.21 loss in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: US$904.0m (down 65% from FY 2020). Net income: US$29.0m (up US$267.0m from FY 2020). Profit margin: 3.2% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Upcoming Dividend • Aug 19
Upcoming dividend of US$0.35 per share Eligible shareholders must have bought the stock before 26 August 2021. Payment date: 10 September 2021. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (3.5%). Reported Earnings • Aug 10
Third quarter 2021 earnings released: EPS US$1.52 (vs US$0.11 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$917.0m (up 77% from 3Q 2020). Net income: US$86.0m (up US$92.0m from 3Q 2020). Profit margin: 9.4% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. 
