8-K Earnings Release

 

 

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

 

 

 

 

 

 

 

Date of Report (Date of earliest event reported):

 

July 29, 2015

 

Ferro Corporation

__________________________________________

(Exact name of registrant as specified in its charter)

 

 

 

 

 

 

 

Ohio

1-584

34-0217820

_____________________

(State or other jurisdiction

_____________

(Commission

______________

(I.R.S. Employer

of incorporation)

File Number)

Identification No.)

 

 

 

6060 Parkland Boulevard, Mayfield

Heights, Ohio

Suite 250

 

 

44124

_______________________________ (Address of principal executive offices)

 

___________

(Zip Code)

 

 

 

 

 

 

 

 

Registrant’s telephone number, including area code:

 

216-875-5600

 

Not Applicable

______________________________________________

Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: 

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 


 

 

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Item 2.02 Results of Operations and Financial Condition.

On Wednesday,  July 29, 2015, Ferro Corporation ("the Company") issued a press release that discussed financial results for the three-month and six-month periods ended June 30, 2015 and provided the Company’s outlook for the remainder of 2015. The press release also provided information regarding a conference call to be held on Thursday,  July 30, 2015, in which the Company’s management will discuss the financial results and outlook. Among other things, the press release reports:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Dollars in millions, except per share amounts)

 

Three Months Ended

 

Six Months Ended

 

 

June 30,

 

June 30,

 

 

2015

 

2014

 

2015

 

2014

Net sales

 

$

268,214 

 

$

294,217 

 

$

530,986 

 

$

574,944 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross profit

 

 

77,640 

 

 

78,454 

 

 

148,275 

 

 

153,407 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to Ferro Corporation common shareholders

 

 

6,599 

 

 

9,959 

 

 

17,569 

 

 

27,164 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per diluted share attributable to Ferro Corporation common shareholders

 

 

0.08 

 

 

0.11 

 

 

0.20 

 

 

0.31 

 

 

 

 

A copy of the press release is attached hereto as Exhibit 99.1.

 

 

 

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

 

Exhibit 99.1: Press release

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ferro Corporation

 

 

 

 

 

July 29, 2015

 

By:

 

Jeffrey L. Rutherford

 

 

 

 

 

 

 

 

 

 

 

Name: Jeffrey L. Rutherford

 

 

 

 

Title: Vice President and Chief Financial Officer

 

 

 

 

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Exhibit Index

 

Exhibit No.Description

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99.1Press Release