Huntsman Q2 2023 Earnings Report
Key Takeaways
Huntsman Corporation reported second quarter 2023 results with revenues of $1,596 million, net income attributable to Huntsman of $19 million, adjusted net income attributable to Huntsman of $39 million and adjusted EBITDA of $156 million. Business activity in core regions remained under pressure, although demand fundamentals stabilized at a lower level than the prior year. The company continued to drive efficiencies in its cost structure.
Revenues for the second quarter of 2023 were $1,596 million.
Net income attributable to Huntsman was $19 million.
Adjusted net income attributable to Huntsman was $39 million.
Adjusted EBITDA was $156 million.
Huntsman
Huntsman
Forward Guidance
We expect our 2023 adjusted effective tax rate to be approximately 26% to 29%. We expect our long-term adjusted effective tax rate to be approximately 22% to 24%.