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Sep 30, 2020
Chemours Q3 2020 Earnings Report
Chemours' third quarter results demonstrated progress in executing the business plan and steady recovery of key markets. The company maintained a strong balance sheet and liquidity position, while also advancing its Corporate Responsibility Commitment.
Key Takeaways
Chemours reported net sales of $1.2 billion and net income of $76 million for the third quarter of 2020. The company's adjusted EBITDA was $210 million, and it generated a free cash flow of $252 million. The results reflect the company's resilience and execution in a challenging environment.
Net Sales of $1.2 billion.
Net Income of $76 million, with EPS of $0.46.
Adjusted Net Income of $78 million, with Adjusted EPS of $0.47.
Free Cash Flow of $252 million, a $92 million improvement from prior year.
Chemours
Chemours
Forward Guidance
Chemours is confident in creating sustained value through the economic recovery and remains committed to achieving its full potential.