Ecovyst (ECVT) Q2 2026 Earnings Call Transcript

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DATE

Wednesday, Aug. 5, 2026 astatine 11:00 a.m. ET

CALL PARTICIPANTS

• Chief Executive Officer - Kurt Bitting

• Chief Financial Officer - Michael Feehan

• Senior Director of Investor Relations - H. Gene Shiels

Full Conference Call Transcript

Operator: Good morning, everyone. My sanction is Beau, and I volition beryllium your league relation today. Welcome to Ecovyst's Second Quarter 2026 Earnings Call and Webcast. Please note, today's telephone is being recorded and should tally astir 1 hour. [Operator Instructions] I would present similar to manus the league implicit to Mr. Gene Shiels, Senior Director of Investor Relations. Please spell ahead, sir.

H. Shiels: Thank you, operator. Good morning, and invited to Ecovyst's 2nd 4th 2026 net call. With maine connected the telephone this greeting are Kurt Bitting, Ecovyst's Chief Executive Officer; and Mike Feehan, Ecovyst's Chief Financial Officer. Following our prepared remarks this morning, we'll instrumentality your questions. Please enactment immoderate of the accusation shared contiguous is forward-looking information, including accusation astir the company's fiscal and operating performance, strategies, our anticipated end-use request trends and our 2026 fiscal outlook. This accusation is taxable to risks and uncertainties that could origin the existent results and the implementation of the company's plans to alteration materially. Any forward-looking accusation shared contiguous speaks lone arsenic of this date.

These risks are discussed successful the company's filings with the SEC. Reconciliations of non-GAAP fiscal measures mentioned successful this morning's telephone with their corresponding GAAP measures tin beryllium recovered successful our net merchandise and successful the presumption materials posted successful the Investors conception of our website. I'll present crook the telephone implicit to Kurt.

Kurt Bitting: Thank you, Gene, and bully morning. We are precise pleased with our 2nd 4th results, which bespeak continued advancement against our fiscal objectives and wide execution of our semipermanent maturation strategy. As anticipated, precocious refinery utilization and favorable alkylate economics contributed to maturation successful income measurement for regenerated sulfuric acid. In addition, virgin sulfuric acerb measurement accrued connected a double-digit percent ground compared to the twelvemonth agone 4th connected affirmative request and the publication from Waggaman acquired successful May of past year. This measurement growth, on with favorable nett pricing, resulted successful adjusted EBITDA of $53 million, solidly wrong our guidance scope and up 27% compared to the 2nd 4th of 2025.