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Jun 30, 2024
Huntsman Q2 2024 Earnings Report
Huntsman reported second quarter results, with improved sales volumes and adjusted EBITDA compared to the first quarter.
Key Takeaways
Huntsman Corporation reported second quarter 2024 results with revenues of $1,574 million, net income attributable to Huntsman of $22 million, and adjusted EBITDA of $131 million. Sales volumes improved 9% year over year. The company expects growth comparisons to continue to be favorable in the second half of the year.
Second quarter adjusted EBITDA improved compared to the first quarter.
Sales volumes increased year over year.
The company will continue to control costs and focus on cash flow.
The balance sheet is strong, and capital will be allocated to strengthen the company and return cash to shareholders.
Forward Guidance
The company does not expect global economic activity to change substantially from the current levels through the remainder of the third quarter. They will continue to control their costs, focus on cash flow and drive stronger sales volumes compared to 2023 with higher overall utilization rates.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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