Highlights

CLAYTON, Mo., Oct. 26, 2022 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced financial results for the third quarter ended September 30, 2022.   Third quarter 2022 reported net income was $315.2 million, or $2.18 per diluted share, which compares to third quarter 2021 reported net income of $390.7 million, or $2.38 per diluted share.  Third quarter 2022 adjusted EBITDA of $547.8 million excludes depreciation and amortization expense of $149.8 million, gains on sale of former manufacturing facilities of $13.0 million, and restructuring charges of $7.6 million.  Third quarter 2021 adjusted EBITDA was $707.0 million.  Sales in the third quarter 2022 were $2,321.7 million compared to $2,340.1 million in the third quarter 2021.