21:17:30 Europe / Stockholm

Kurs & Likviditet

Kursutveckling och likviditet under dagen för detta pressmeddelande

Beskrivning

LandNorge
ListaOBX
SektorMaterial
IndustriPlast, kemikalier & fetter
REC Silicon är en global leverantör av avancerat kiselmaterial. Bolaget levererar polysilikon och silikongaser för sol- och elektronikindustrin. Tillverkningen är främst koncentrerad till Nordamerika där bolaget förfogar över flera produktionsanläggningar. REC är förkortningen för Renewable Energy Corporation. Bolaget grundades 1996 och har norskt styre via huvudkontoret i Lysaker.

Kalender

2022-10-21 Kvartalsrapport 2022-Q3
2022-07-22 Kvartalsrapport 2022-Q2
2022-06-22 Årsstämma 2022
2022-05-27 Kvartalsrapport 2022-Q1
2022-05-12 Ordinarie utdelning RECSI 0.00 NOK
2022-02-18 Bokslutskommuniké 2021
2021-12-22 Extra Bolagsstämma 2021
2021-10-20 Kvartalsrapport 2021-Q3
2021-07-22 Kvartalsrapport 2021-Q2
2021-05-12 Ordinarie utdelning RECSI 0.00 NOK
2021-05-11 Kvartalsrapport 2021-Q1
2021-05-11 Årsstämma 2021
2021-02-19 Bokslutskommuniké 2020
2020-11-09 Extra Bolagsstämma 2020
2020-10-29 Kvartalsrapport 2020-Q3
2020-07-23 Kvartalsrapport 2020-Q2
2020-05-13 Ordinarie utdelning RECSI 0.00 NOK
2020-05-12 Kvartalsrapport 2020-Q1
2020-02-14 Bokslutskommuniké 2019
2019-10-30 Kvartalsrapport 2019-Q3
2019-07-25 Kvartalsrapport 2019-Q2
2019-07-12 Split RECSI 10:1
2019-05-10 Ordinarie utdelning RECSI 0.00 NOK
2019-05-09 Kvartalsrapport 2019-Q1
2019-05-09 Årsstämma 2019
2019-02-12 Bokslutskommuniké 2018
2018-10-24 Kvartalsrapport 2018-Q3
2018-07-19 Kvartalsrapport 2018-Q2
2018-04-27 Ordinarie utdelning RECSI 0.00 NOK
2018-04-26 Kvartalsrapport 2018-Q1
2018-04-26 Årsstämma 2018
2018-02-09 Bokslutskommuniké 2017
2017-10-30 Kvartalsrapport 2017-Q3
2017-07-20 Kvartalsrapport 2017-Q2
2017-05-04 Ordinarie utdelning RECSI 0.00 NOK
2017-05-03 Årsstämma 2017
2017-05-03 Kvartalsrapport 2017-Q1
2017-02-16 Bokslutskommuniké 2016
2016-11-02 Kvartalsrapport 2016-Q3
2016-07-21 Kvartalsrapport 2016-Q2
2016-05-04 Ordinarie utdelning RECSI 0.00 NOK
2016-05-03 Årsstämma 2016
2016-05-03 Kvartalsrapport 2016-Q1
2016-02-12 Bokslutskommuniké 2015
2015-11-04 Kvartalsrapport 2015-Q3
2015-07-16 Kvartalsrapport 2015-Q2
2015-05-09 Ordinarie utdelning RECSI 0.00 NOK
2015-05-06 Kvartalsrapport 2015-Q1
2015-05-06 Årsstämma 2015
2015-02-13 Bokslutskommuniké 2014
2014-11-04 Kvartalsrapport 2014-Q3
2014-07-18 Kvartalsrapport 2014-Q2
2014-05-13 Ordinarie utdelning RECSI 0.00 NOK
2014-05-12 Årsstämma 2014
2014-05-09 Kvartalsrapport 2014-Q1
2014-02-12 Bokslutskommuniké 2013
2013-11-29 Extra Bolagsstämma 2013
2013-10-24 Kvartalsrapport 2013-Q3
2013-07-18 Kvartalsrapport 2013-Q2
2013-05-06 Ordinarie utdelning RECSI 0.00 NOK
2013-05-03 Årsstämma 2013
2013-04-24 Kvartalsrapport 2013-Q1
2013-02-08 Bokslutskommuniké 2012
2013-02-08 15-7 2013
2012-10-24 Kvartalsrapport 2012-Q3
2012-07-27 Extra Bolagsstämma 2012
2012-07-19 Kvartalsrapport 2012-Q2
2012-05-23 Ordinarie utdelning RECSI 0.00 NOK
2012-05-22 Årsstämma 2012
2012-04-25 Kvartalsrapport 2012-Q1
2012-02-08 Bokslutskommuniké 2011
2011-10-26 Kvartalsrapport 2011-Q3
2011-07-19 Kvartalsrapport 2011-Q2
2011-05-26 Ordinarie utdelning
2011-05-25 Årsstämma 2011
2011-05-04 Kvartalsrapport 2011-Q1
2011-03-09 Extra Bolagsstämma 2011
2011-02-09 Bokslutskommuniké 2010
2010-10-27 Kvartalsrapport 2010-Q3
2010-07-20 Kvartalsrapport 2010-Q2
2010-05-19 Årsstämma 2010
2010-04-28 Kvartalsrapport 2010-Q1
2010-02-10 Bokslutskommuniké 2009
2010-02-09 Bokslutskommuniké 2009
2009-10-27 Kvartalsrapport 2009-Q3
2021-07-22 07:17:04

Oslo, Norway – July 22, 2021: REC Silicon ASA (REC Silicon) reported second quarter 2021 revenues of USD 35.6 million versus USD 28.0 million in the first quarter of 2021 and EBITDA of USD 7.9 million versus USD 4.0 million in the prior quarter. EBITDA during the second quarter included the forgiveness of USD 8.3 million in loans guaranteed by the US government under the C.A.R.E.S. Act.

The Company reported EBITDA contributed by the semiconductor materials segment of USD 11.5 million for the second quarter compared to USD 10.8 million for the first quarter. Second quarter results included other income of USD 4.5 million related to the forgiveness of a loan provided by the US government under the C.A.R.E.S. Act which has been recognized as grant income. Excluding this item, EBITDA decreased by USD 3.8 million. This decrease can primarily be attributed to lower EBITDA contribution from the semiconductor materials segment due to higher electricity prices, lower production to avoid high electricity prices, higher costs due to the acceleration of planned maintenance, and lower quality product due to an interruption of manufacturing caused by a lightning strike.

Silicon gas sales volumes for the second quarter were 819 MT compared to 781 MT during the prior quarter. Total polysilicon sales volumes for the quarter were 485 MT and polysilicon inventories decreased by 157 MT.

REC Silicon reported a cash balance of USD 123.6 million on June 30, 2021 compared to USD 131.5 million on March 31, 2021.

“The demand for semiconductor polysilicon and silicon gases continued to strengthen over the last quarters and this trend is projected to continue. Overseas shipping limitations have affected the timing for some order fulfillments.

REC Silicon’s negotiations with several Silicon Anode companies continue to progress, but agreements have not yet been reached. REC Silicon is exploring opportunities created by President Biden’s renewable energy agenda to utilize its proven FBR technology to provide low-cost, low-carbon polysilicon for the solar value chain. A US solar value chain will support the transition to renewable energy, create high-paying manufacturing jobs in the US, and result in the restart of the REC Silicon Moses Lake facility,” said Tore Torvund, CEO.

For more information, please see the attached first quarter 2021 report and presentation.

The company will host conference call to present the results at 8:00am CET. Following the presentation, it will be opened for questions from the audience. The presentation will be in English. To join the videoconference, use the following link. https://channel.royalcast.com/landingpage/hegnarmedia/20210722_1/

Audiocast participants need to register to post questions.

For further information, please contact:
James A. May II, Chief Financial Officer
Phone: +1 509 989 1023
Email: james.may@recsilicon.com

Nils O. Kjerstad
IR Contact
Phone: +47 9135 6659
Email: nils.kjerstad@crux.no

About REC Silicon
REC Silicon is a leading producer of advanced silicon materials, delivering high-purity polysilicon and silicon gas to the solar and electronics industries worldwide. We combine over 30 years of experience and proprietary technology with the needs of our customers, with annual production capacity of more than 20,000 MT of polysilicon from our two US-based manufacturing plants. Listed on the Oslo Stock Exchange (ticker: RECSI), the Company is headquartered in Lysaker, Norway.

For more information, go to: www.recsilicon.com

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.