The company has not filed an annual or quarterly report since its Q1 FY2020 10-Q, filed Mar 30, 2020. Its latest SEC filing is a 15-12B from Apr 13, 2020.
10-Q for Q1 FY2020, filed Mar 30, 2020
The sections below describe the company as of the FY2019 annual report.
Sells specialty chemicals, polymers and surface materials to manufacturers serving construction, industrial and residential markets.
10-K for FY2019, filed Jan 31, 2020OMNOVA Solutions is a global innovator of performance enhancing chemistries and surfaces for a variety of commercial, industrial, and…View ↗
During fiscal 2019, OMNOVA operated two business segments: Specialty Solutions and Performance Materials. We derived 70% of our 2019 net…View ↗
The Specialty Solutions segment consists of three business lines: specialty coatings & ingredients, oil & gas, and laminates & films. The…View ↗
The Performance Materials segment serves more mature markets including plastics, paper, carpet and coated fabrics with a broad range of…View ↗
Customers order OMNOVA’s products; it invoices each order and charges for each product when it ships, with payment generally due soon after.
10-K for FY2019, filed Jan 31, 2020
$736.2M
10-K for FY2019, filed Feb 1, 2020
$736.2M ↗
OMNOVA sells mainly to manufacturers through its internal sales and technical teams. Distributors extend its reach to new customers and locations, and agents also sell coated fabrics.
10-K for FY2019, filed Jan 31, 2020Our Specialty Solutions segment primarily sells its products directly to manufacturers through dedicated internal marketing, sales, and…View ↗
Our Performance Materials segment primarily sells their products directly to manufacturers through dedicated internal marketing, sales, and…View ↗
Our Performance Materials segment distributes its products primarily through a direct sales force and agents to manufacturers of retail…View ↗
No. It lost $22.4M in FY2019.
10-K for FY2019, filed Feb 1, 2020
$50.4MView ↗
10-K for FY2019, filed Feb 1, 2020
−$22.4MView ↗
10-K for FY2019, filed Feb 1, 2020
−$8.7MView ↗
10-Q for Q1 FY2020, filed Mar 30, 2020
−$3.9MView ↗
8-K, filed Apr 1, 2020
At the Effective Time, each common share, par value 10¢ per share, of OMNOVA (“Company Common Shares”) issued and outstanding immediately…View ↗
Shrank. Revenue fell 12% in 4 years, from $838M in FY2015 to $736.2M in FY2019, about 3% a year.
Pullback from commodity paper and carpet
The older report describes paper coatings and carpet binders among its products; the latest report says OMNOVA is transitioning away from commodity paper coatings and saw lower volume in commodity carpet.
10-K for FY2016, filed Feb 1, 2017 10-K for FY2019, filed Jan 31, 2020Gross profit and gross profit margin in 2019 were $176.2 million and 23.9%, compared to $190.7 million and 24.8% in 2018. The decrease in…View ↗
Competes with Pulcra Chemicals, Schill + Seilacher, Goulston, DowDupont, BASF, Engineered Polymer Solutions, Evonik, Arkema, Arlanxeo, Paratech, Nitriflex, American Gilsonite, Ashland, Drilling Specialties, Wilsonart, Toppan Printing, Renolit, LG Chemical America, PolyOne, and I2M
10-K for FY2019, filed Jan 31, 2020Specialty coatings & ingredients: Pulcra Chemicals, Schill + Seilacher, Goulston, DowDupont, BASF, Engineered Polymer Solutions, Evonik…View ↗
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