Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures T.CHE.DB.E

Alternate Symbol(s): T.CHE.DB.F | T.CHE.DB.G | CGIFF | T.CHE.DB.H | T.CHE.UN

Chemicals Basic Materials

Chemtrade Logistics Income Fund is a Canada-based company that operates a diversified business providing industrial chemicals and services to customers in North America and around the world. The Company's segments include Sulphur and Water Chemicals (SWC), and Electrochemicals (EC). SWC segment markets, removes and/or produces merchant, Regen and sulphuric acid, sodium hydrosulphite, elemental sulphur, liquid sulphur dioxide, hydrogen sulphide, sodium bisulphite, and sulphides, and provides other processing services. This segment also manufactures and markets a variety of inorganic coagulants used in water treatment, including aluminum sulphate, and a number of specialty chemicals, including sodium nitrite. EC segment manufactures and markets sodium chlorate and chlor-alkali products including caustic soda, chlorine and HCl, largely for the pulp and paper, oil and gas and water treatment industries. These products are marketed primarily to North American and South American customers.

TSX:CHE.DB.E - Post by User

Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures > Strong Results, TD report

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Comment by TJPatrol1on Aug 14, 2020 2:32pm

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Post# 31409920

RE:RE:Strong Results, TD report

TJPatrol1 wrote:
Biilybob3 wrote: Event Chemtrade reported Q2/20 results that were above expectations. Adjusted EBITDA was $75.5mm (down 17% y/y), versus our estimate of $63.7mm (consensus: $61.2mm). 10:00 a.m. ET conference call (647-689-6749 or 866-211-4154) Impact: POSITIVE We expect the shares to be up this morning on the back of the Q2/20 results. EBITDA exceeded our forecast in all three company segments, regen acid (which was impacted most severely) has been recovering more quickly than management's previous outlook, the WSSC segment recorded its highest EBITDA in three years, and distributable cash was also ahead of expectations ($0.34/ unit versus TD/consensus of $0.14/$0.18). The one negative takeaway from the release is a reduced outlook for the EC segment.

Kherson sure pulled a trevor on this one... Keeping them honest

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