Covia Holdings Corporation Provides Production Guidance for the First Quarter and Second Quarter 2019; Announces Impairment Charges for the Fourth Quarter Ended December 31, 2018
For the second quarter, the company expects Industrial volumes of 3.8 million tons, relatively flat to the second quarter of 2018 on a pro forma basis. Energy volumes of 5.0 million to 5.3 million tons.
The company also announced impairment charges for the fourth quarter ended December 31, 2018. For the period, the company reported goodwill and other asset impairments of $10,609,000.