Quaker Houghton outlines $20M-$30M 3-year cost program amid expected 200-300 bps Q2 gross margin pressure
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Quaker Houghton reported Q1 2026 net sales of $480 million and adjusted EBITDA of $73 million, with a strong performance driven by volume growth, particularly in Asia Pacific. The company announced a transformation program aimed at achieving $20M-$30M in cost savings over three years, amid expected gross margin pressure of 200-300 bps in Q2 due to inflationary costs. Management anticipates a recovery in margins by year-end, targeting a range of 36% to 37%. The company also emphasized refinancing efforts to enhance liquidity and flexibility.
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