February 6, 2018 / 10:08 PM / 6 months ago

BRIEF-Olin Announces Q4 Earnings Per Share $2.89

Feb 6 (Reuters) - Olin Corp:

* Q4 SALES $1.62 BILLION VERSUS $1.386 BILLION

* ENTER 2018 OPTIMISTIC AND ENCOURAGED BY SUPPLY AND DEMAND DYNAMICS IN BOTH CHLOR ALKALI PRODUCTS AND VINYLS AND EPOXY BUSINESSES

* ‍Q4 2017 REPORTED NET INCOME INCLUDED A TAX BENEFIT OF $437.9 MILLION FROM TAX CUTS AND JOBS ACT OF 2017​

* "ANTICIPATE WINCHESTER SEGMENT RESULTS WILL IMPROVE IN 2018 FROM 2017"

* SEES 2018 ‍CAPITAL SPENDING IN $375 MILLION TO $425 MILLION RANGE​

* DUE TO A HEAVY MAINTENANCE TURNAROUND SCHEDULE, EXPECT Q1 OF 2018 TO BE LOWEST ADJUSTED EBITDA QUARTER OF YEAR Source text for Eikon: Further company coverage:

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