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Sep 30, 2021
Ashland Q4 2021 Earnings Report
Ashland's Q4 2021 financial results were announced, showing sales up by twelve percent and net income significantly increased compared to the prior-year quarter.
Key Takeaways
Ashland reported strong Q4 2021 results with sales increasing by 12% to $591 million, driven by strong demand, enhanced pricing, and the Schülke & Mayr acquisition. Net income rose to $43 million, and adjusted EBITDA reached $149 million. The company also issued its fiscal year 2022 outlook, expecting further growth.
Sales increased by 12% year-over-year to $591 million, driven by strong demand and strategic acquisitions.
Net income significantly improved to $43 million, compared to $5 million in the prior-year quarter.
Adjusted EBITDA rose to $149 million, up from $131 million in the prior-year quarter.
The company provided a fiscal year 2022 outlook, anticipating continued growth and improved financial performance.
Revenue by Segment
Forward Guidance
For fiscal year 2022, Ashland expects sales in the range of $2.25 billion to $2.35 billion and adjusted EBITDA in the range of $550 million to $570 million.
Positive Outlook
- Improving demand across all businesses.
- Teams are working to implement pricing actions to offset cost inflation.
- Focus on consistent organic growth.
- Improving margins.
- Enhanced free cash flow generation.
Challenges Ahead
- Meaningful cost inflation for raw materials.
- Meaningful cost inflation for freight.
- Meaningful cost inflation for energy.
- Persistent supply-chain challenges.
- Persistence of the global pandemic is still impacting consumer behavior.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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