Orion S.A. (OEC) Q2 FY26 earnings call

Orion delivered strong Q2 FY26 results, primarily driven by exceptional performance in its Specialty segment, which saw significant volume growth and effective pricing actions. Despite ongoing macro uncertainty and a challenging environment for the Rubber segment, the company reaffirmed its full-year adjusted EBITDA guidance and significantly raised its free cash flow outlook, reflecting successful working capital management and operational discipline. Management highlighted favorable trade flows and regulatory actions as potential tailwinds for the Rubber business going forward.