NEWMARKET CORPORATION (NYSE:NEU) Files An 8-K Results of Operations and Financial ConditionItem 2.02.Results of Operations and Financial Condition
On August8, 2018, NewMarket Corporation (the “Company”) issued a press release regarding its earnings for the second quarter ended June30, 2018. A copy of this press release is furnished as Exhibit 99.1 hereto and incorporated herein by reference.
In accordance with General Instruction B.2 of Form 8-K, the information in Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed “filed” for the purposes of Section18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.
Item 2.02. Financial Statements and Exhibits
(d)Exhibits.
|
Press release regarding earnings issued by the Company on August 8, 2018. |
NEWMARKET CORP ExhibitEX-99.1 2 neu2018630ex-991earningsre.htm EXHIBIT 99.1 Exhibit EXHIBIT 99.1 NewMarket Corporation Reports Second Quarter and First Half 2018 Results •Second Quarter Net Income of $52.9 Million and Earnings Per Share of $4.53•First Half Net Income and Earnings Per Share down 10.4% and 9.5% versus First Half of 2017•Continued Margin Compression Due to Raw Material Costs•322,…To view the full exhibit click here
About NEWMARKET CORPORATION (NYSE:NEU)
NewMarket Corporation is a holding company. The Company is the parent company of Afton Chemical Corporation (Afton), Ethyl Corporation (Ethyl), NewMarket Services Corporation (NewMarket Services) and NewMarket Development Corporation (NewMarket Development). It operates in petroleum additives segment, which is primarily represented by Afton. The tetraethyl lead (TEL) business of Ethyl is reflected in the All other category. Each of its subsidiaries manages its own assets and liabilities. Afton encompasses the petroleum additives business, while Ethyl represents the sale of TEL in North America and certain petroleum additives manufacturing operations. NewMarket Development manages the property that the Company owns in Richmond, Virginia consisting of approximately 60 acres. NewMarket Services provides various administrative services to NewMarket, Afton, Ethyl and NewMarket Development. It has operations in the United States, Canada, Europe, India and Latin America, among others.