Oklahoma City’s LSB Industries, Inc. announced that its President & Chief Executive Officer, Mark Behrman will be participating in the Jefferies Industrials Conference on Wednesday, August 7, 2019 at 11:30 am ET, in New York City.
LSB Industries, Inc., headquartered in Oklahoma City, Oklahoma, manufactures and sells chemical products for the agricultural, mining, and industrial markets. The Company owns and operates facilities in Cherokee, Alabama, El Dorado, Arkansas and Pryor, Oklahoma, and operates a facility for a global chemical company in Baytown, Texas.
Earlier this week, the company announced increased net sales and net income for the second quarter ended June 30, 2019. The company leadership reported an unprecedented operating performance for the quarter.
- Net sales increased 18% to $121.5 million for the second quarter of 2019, compared to net sales of $103.2 million for the second quarter of 2018.
- Net income of $6.6 million for the second quarter of 2019, compared to net loss of $27.5 million for the second quarter of 2018.
- Adjusted EBITDA(1) increased 71% to $30.5 million for the second quarter of 2019, compared to $17.8 million for the second quarter of 2018.