Sales of $311.2 million; Net loss of $(49.1) million; Adjusted EBITDA of $(17.6) millionQ1 sales of $311.2 million compared to $376.6 million in Q4 2019, and $447.4 million in Q1 2019Q1 net loss of $(49.1) million compared to $(73.3) million in Q4 2019, and $(28.6) million in Q1 2019
Adjusted EBITDA of $(17.6) million compared to $(30.4) million in Q4 2019 and $3.3 million in Q1 2019
Gross debt of $443 million at the end of Q1 2020, compared to $481 million at the end of Q4 2019
European accounts receivable securitization program amended on February 6, 2020, providing an increase in the available funding
Continued improvement in working capital during the quarter by $126 million, with inventory levels decreasing by $67 million due to operational changes to the global production platformLONDON, June 08, 2020 (GLOBE NEWSWIRE) — Ferroglobe PLC (NASDAQ: GSM) (“Ferroglobe”, the “Company”, or the “Parent”), a leading producer globally of silicon metal, silicon-based and manganese-based specialty alloys and other ferroalloys, today announced results for the first quarter of 2020.Q1 2020 Earnings Highlights
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