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Mar 31, 2022
Huntsman Q1 2022 Earnings Report
Huntsman reported strong Q1 2022 results driven by pricing initiatives and cost optimization programs.
Key Takeaways
Huntsman Corporation reported Q1 2022 results with revenues of $2,389 million, net income of $240 million, adjusted net income of $256 million and adjusted EBITDA of $415 million. The company focused on value over volume strategy and delivered on pricing, expanding margins despite raw material cost pressures. The Board increased the dividend 13% in the first quarter and doubled the share repurchase authorization to $2 billion.
Revenues reached $2,389 million.
Net income was $240 million.
Adjusted net income was $256 million.
Adjusted EBITDA amounted to $415 million.
Huntsman
Huntsman
Forward Guidance
The company expects continued strong overall results in the second quarter.