Albemarle Q4 2021 Earnings Report
Key Takeaways
Albemarle Corporation reported Q4 2021 results with net sales increasing by 2% to $894 million. The company experienced a net loss of $3.8 million, but adjusted EBITDA increased by 3% to $229 million. The company is raising its 2022 outlook based on favorable market conditions.
Net sales increased by 2% to $894 million.
Net loss was ($3.8) million, or ($0.03) per diluted share; Adjusted diluted EPS was $1.01.
Adjusted EBITDA increased by 3% to $229 million.
Full year 2022 outlook improved, expecting adjusted EBITDA to be 35%-55% higher Y/Y excluding FCS.
Albemarle
Albemarle
Albemarle Revenue by Segment
Forward Guidance
Albemarle expects that its full year 2022 results across all business units will improve relative to full year 2021. Capital expenditures are anticipated to be higher than previously planned as the company invests to accelerate conversion capacity additions and meet evolving industry standards, as well as continued inflationary pressures.
Revenue & Expenses
Visualization of income flow from segment revenue to net income