HARSCO CORP - HSC STOCK NEWS

Harsco Corporation (NYSE: HSC) announced its participation in the Barrington Research Virtual Spring Investment Conference on May 27, 2021. The company will be represented by Senior Vice President and Chief Financial Officer Pete Minan and Investor Relations Vice President Dave Martin. Harsco is a global leader in providing environmental solutions for industrial and specialty waste streams and operates in over 30 countries with a workforce of 12,000 employees. The company's stock is a component of the S&P SmallCap 600 Index and Russell 2000 Index.

Harsco Corporation (NYSE: HSC) announced significant advancements in its Environmental, Social & Governance (ESG) initiatives in its latest report. The company now derives 82% of its annual revenue from environmental solutions, reflecting a rise from 62% three years ago. Notably, over 75% of processed waste is recycled or repurposed, with the new Clean Earth division achieving 94%. Harsco launched 29 new environmental solutions in 2020, marking an increase of nearly 32% from the previous year. For the first time, the company integrated an ESG modifier into its executives' performance evaluations.

Harsco Corporation (NYSE: HSC), a leader in environmental solutions, announced its participation in the Oppenheimer 16th Annual Industrial Growth Conference on May 5, 2021. Represented by Senior Vice President and CFO Pete Minan and Investor Relations VP Dave Martin, the company will showcase its innovative approaches to industrial and specialty waste management.

Harsco, based in Camp Hill, PA, employs 13,000 individuals across over 30 countries and is part of the S&P SmallCap 600 Index and the Russell 2000 Index.

Harsco Corporation (NYSE: HSC) reported Q1 2021 revenues of $529 million, a 33% increase from Q1 2020. GAAP operating income was $25 million, with diluted earnings per share of $0.02. Adjusted EBITDA reached $66 million, exceeding prior guidance. The company completed a successful debt refinancing, improving its financial position. Full-year adjusted EBITDA guidance was raised to $295-$310 million. Key segments showed growth: Environmental revenues rose to $258 million, Clean Earth to $189 million, and Rail to $82 million.

Harsco Corporation (NYSE: HSC) announced the election of John S. Quinn to its Board of Directors, effective immediately. Quinn, aged 62, brings extensive experience in the waste and recycling industries. He previously served as Chief Executive Officer of LKQ Europe and held senior finance roles at major firms such as Casella Waste Industries and Waste Management Inc. Harsco's Chairman, Nick Grasberger, expressed confidence in Quinn's ability to contribute to the company’s growth strategy. Quinn will serve on the Audit Committee and Management Development & Compensation Committee.

Harsco Corp. (NYSE: HSC) held its 66th Annual Meeting of Stockholders virtually on April 20, 2021. All eight nominees for the Board of Directors were elected to serve until the 2022 Annual Meeting. Additionally, the Audit Committee's appointment of PricewaterhouseCoopers LLP as Independent Auditors for the year ending December 31, 2021, was ratified. Stockholders also approved a non-binding advisory vote on executive officer compensation and an amendment to the 2016 Non-Employee Directors’ Long-Term Equity Compensation Plan.

Harsco Corporation (NYSE: HSC) marks the one-year anniversary of acquiring Stericycle’s Environmental Solutions business (ESOL), with over 80% of its revenue now derived from environmental services, up from 60% three years ago. In 2020, Harsco's Clean Earth division recycled 94% of over 4 million tons of waste, including 3.27 million tons of contaminated soil. Key achievements include recycling significant amounts of hazardous waste and electronics. Harsco aims to exceed 90% revenue from environmental solutions in the future.

Harsco Corporation (NYSE: HSC) will release its first quarter 2021 earnings results on May 4, 2021, before the NYSE market opens. This announcement will occur via newswire and on the company’s website. Additionally, a conference call will be held at 9:00 a.m. ET to discuss the results. Investors can join by dialing (877) 783-8494 for US participants or (614) 999-1829 for international participants, using Conference ID 7159057. Harsco operates globally, providing environmental solutions and innovative rail technologies, with over 13,000 employees across 30 countries.

Harsco Corporation (NYSE: HSC) has renewed a multi-year services contract with JSW Steel at its Dolvi operation in Maharashtra, India. This contract, effective from July 2021, will allow Harsco's Environmental division to process SMS-2 slag in addition to existing services, enhancing steel production efficiency. The renewal underlines JSW's commitment to effective waste management as it doubles its steel plant's capacities. Harsco will support JSW in achieving strategic goals for solid waste utilization, marking a significant milestone in their partnership.