Orion S.A.

For the period ended Sep 30, 2025. Filed Nov 4, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2025 · Filed Nov 4, 2025

OEC$4.18+3.2%Stored close · as of Nov 10, 2026

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Contents

Item 1. Financial Statements and Supplementary Data (Unaudited)

Condensed Consolidated Statements of Operations

	Three Months Ended September 30,		Nine Months Ended September 30,
	2025	2024	2025	2024
(In millions, except share and per share data)
Net sales	$450.9	$463.4	$1,395.0	$1,443.3
Cost of sales	365.3	355.9	1,112.9	1,103.8
Gross profit	85.6	107.5	282.1	339.5
Selling, general and administrative expenses	57.5	57.9	173.6	179.7
Research and development costs	6.9	7.0	20.0	20.1
Loss (recovery) due to misappropriation of assets, net	(7.3)	60.7	(6.5)	60.7
Goodwill impairment	80.8	—	80.8	—
Other (income) expenses, net	1.4	(2.8)	4.6	(0.1)
Income (loss) from operations	(53.7)	(15.3)	9.6	79.1
Interest and other financial expense, net	14.4	15.9	47.2	40.8
Income (loss) before earnings in affiliated companies and income taxes	(68.1)	(31.2)	(37.6)	38.3
Income tax expense (benefit)	(0.5)	(10.8)	13.0	11.8
Earnings in affiliated companies, net of tax	0.5	0.2	1.6	0.5
Net income (loss)	$(67.1)	$(20.2)	$(49.0)	$27.0
Weighted-average shares outstanding (in thousands):
Basic	56,046	58,191	56,415	58,406
Diluted	56,249	58,738	56,663	58,942
Earnings (loss) per share:
Basic	$(1.20)	$(0.35)	$(0.87)	$0.46
Diluted	$(1.20)	$(0.35)	$(0.87)	$0.46

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.