SunCoke Energy sees Q1 adjusted EBITDA to be lower by $10M-$15M SXC noted that the effect of severe winter weather across its operations and challenges at its Indiana Harbor cokemaking facility, which is undergoing a significant refurbishment, negatively impacted coke production by an estimated 60 thousand tons. Due to these issues, the company expects Q1 Adjusted EBITDA to be lower by a projected $10M-$15M. As a result, SXC currently expects FY14 Adjusted EBITDA to be in the lower half of its guidance range of $230M-$255M.
SunCoke Energy sees FY15 domestic coke production approx. 4.3M tons SunCoke Energy (SXC) reaffirms 2015 guidance excluding expected benefits of Convent Marine Terminal acquisition and Granite City 23% dropdown: Domestic coke production is expected to be approximately 4.3 million tons; Domestic coke Adjusted EBITDA per ton is expected to be at the lower end of our $55 per ton and $60 per ton range; Consolidated Adjusted EBITDA is expected to be between $190M-$210M; Adjusted EBITDA attributable to SXC is expected to be between $115M-$130M, reflecting the impact of public ownership in SXCP (SXCP); Capital expenditures are projected to be approximately $80M; Cash generated by operations is estimated to be between $125M-$145M; Cash taxes are projected to be approximately $10M.