F. Grasberger

Chairman, President & Chief Executive Officer, Enviri

Search every verified F. Grasberger interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. F. Grasberger, Chairman, President and Chief Executive Officer of Enviri (formerly Harsco Corporation), discussed the company's fourth-quarter 2019 results and its outlook for 2020 during a February 2020 earnings call. He stated that consolidated revenue and EBITDA were expected to grow by mid-to-high single digits in 2020, with the strongest growth anticipated in rail, followed by clean earth and Harsco environmental. Grasberger noted that the guidance incorporated a cautious stance on the potential effects of the coronavirus outbreak on the company's HE and rail businesses, though no meaningful impact had yet been experienced. Grasberger also outlined expectations for specific business segments, including a projected 30% plus increase in rail revenue based on existing backlog and planned improvements in manufacturing capacity and productivity. He described a plan called SCORE, or supply chain operational recovery, designed to address operational challenges, including capacity issues at a facility in Columbia, South Carolina, which the company aimed to resolve by mid-year. Regarding clean earth, he guided to EBIT da of 50 to 55 million dollars for the year, with growth driven by organic volume and permit modifications to process more medical and consumer waste. He also mentioned that the company was monitoring steel inventory levels in China, noting potential production cutbacks by customers there, though none had been discussed at that time.