Company: NGVT
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001653477-25-000127
Chunk: 109

Company: Ingevity Corp
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 109
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151.1 $133.9 $48.8 Less:Cost of sales (ii)58.9 99.5 22.1 56.4 95.7 32.2 Selling, general, and administrative expenses (ii) (iii) 16.3 15.4 6.4 14.1 11.6 5.4 Other (income) expense, net (ii) (iv)(0.1)0.2 (0.2)— 2.3 1.4 Segment EBITDA$79.9 $24.8 $9.9 $80.6 $24.3 $9.8 Nine Months Ended September 30,20252024In millions, except per share dataPMPCAPTPMPCAPTNet sales (i)$455.7 $333.1 $123.7 $453.4 $338.7 $144.7 Less:Cost of sales (ii)172.1 233.7 81.4 169.9 251.3 97.0 Selling, general, and administrative expenses (ii) (iii) 49.0 44.9 19.1 42.5 39.2 16.8 Other (income) expense, net (ii) (iv)(1.5)(0.6)(0.1)0.2 2.9 1.8 Segment EBITDA$236.1 $55.1 $23.3 $240.8 $45.3 $29.1 _______________(i) Relates to external customers only. Refer to Note 3 for a reconciliation to consolidated Net sales.(ii) Excludes Depreciation and amortization.(iii) Includes Research and technical expenses.(iv) We have excluded the following items from Other (income) expense, net: gain (loss) on strategic investments, proxy contest charges, portfolio review expenses, depreciation, and amortization.(3) The table below provides an allocation of these charges between our three reportable segments to provide investors, potential investors, securities analysts and others with the information, should they choose, to apply such (income) charges to each respective reportable segment for which the charges relate. Three Months Ended September 30,Nine Months Ended September 30,In millions202520242025