Dow reported Q4 2024 net sales of $10.4 billion, a 2% decrease year-over-year. The company experienced a GAAP net loss of $35 million, or $0.08 per share, while operating earnings per share were $0.00. Dow is implementing cost reduction measures and focusing on growth projects to navigate the economic downcycle.
Net sales decreased by 2% year-over-year to $10.4 billion, reflecting declines in Packaging & Specialty Plastics.
Volume increased 1% compared to the year-ago period, with gains in most regions.
GAAP net loss was $35 million, or $0.08 per share, impacted by restructuring and efficiency costs.
The company is implementing actions to reduce costs by $1 billion and CapEx plans by $300 - 500 million.
Dow expects to benefit from growth projects and operational discipline in 2025, with potential demand growth in packaging, energy, and electronics. The company is implementing cost reductions of $1 billion and reducing 2025 CapEx plans by $300 - 500 million.
Visualization of income flow from segment revenue to net income