B&W Company News
B&W News Room
Showing 6–10 of 164 Results
Some results may appear in English

Babcock & Wilcox to Webcast Discussion of Its First Quarter 2020 Results

5/14/2020

(AKRON, Ohio – May 14, 2020) – Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (B&W or the “Company”) expects to host a conference call and webcast on Friday, May 15, 2020 at 8 a.m. ET. 
Read More

Babcock & Wilcox Enterprises Announces First Quarter 2020 Results

5/14/2020

- Company generated consolidated revenues of $148.6 million in the first quarter of 2020 - GAAP consolidated operating income improved by $21.7 million over the prior-year quarter to an operating loss of $10.3 million - Consolidated adjusted EBITDA improved by $5.1 million over the prior-year quarter - Babcock & Wilcox segment adjusted EBITDA improved by 17.2% over the prior-year quarter to $10.7 million - Company successfully completed its financing process, providing a two-year credit extension and additional liquidity (AKRON, Ohio – May 14, 2020) – Babcock & Wilcox Enterprises, Inc. ("B&W Enterprises") (NYSE: BW) announced today first quarter 2020 GAAP loss from continuing operations of $33.5 million, an improvement of $16.3 million compared to a loss of $49.9 million in first quarter 2019. Adjusted EBITDA was a positive $0.7 million, an improvement of $5.1 million compared to negative adjusted EBITDA of $4.4 million in the prior year period, resulting in the Company's fourth consecutive quarter of profitability on an adjusted EBITDA basis.
Read More

B&W Provides Update on Refinancing

5/12/2020

-  Company expects to make a definitive announcement regarding a longer-term financing package by May 15, 2020   (AKRON, Ohio – May 12, 2020) – Babcock & Wilcox Enterprises, Inc. (NYSE: BW) (“B&W” and the “Company”) announced today that the Company is nearing the completion of its financing process and expects to make an announcement regarding its debt refinancing on or before the May 15, 2020 deadline under its current amended Credit Agreement. The Company and its lenders are in the process of finalizing a definitive agreement for a longer-term credit extension.
Read More

B&W Vølund Awarded Plant Service Contracts for Waste-to-Energy Customers in U.K., Denmark

4/30/2020

(AKRON, Ohio – April 30, 2020) – Babcock & Wilcox Vølund A/S (Vølund), a subsidiary of Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE: BW), has been awarded a multi-year service contract for two U.K. waste-to-energy plants owned by Viridor, and a plant upgrade service contract for Frederikshavn Forsyning A/S’s combined heat and power waste-to-energy plant in Frederikshavn, Denmark. The combined value of the contracts is more than $4 million.
Read More

B&W SPIG to Supply Cooling Towers for Petrochemical Plant in Belgium

4/1/2020

(PARUZZARO, Italy – April 1, 2020) –SPIG S.p.A. (SPIG), a subsidiary of Babcock & Wilcox Enterprises, Inc., has been awarded a contract by BASF Antwerp NV for more than $3 million to design and supply two cooling towers for the company’s plant in Antwerp, Belgium. BASF Antwerp NV is one of the largest European producers and exporter of chemicals, plastics and performance products.  
Read More