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Dec 31, 2021
Huntsman Q4 2021 Earnings Report
Huntsman reported strong Q4 2021 results driven by higher prices and volumes, and announced a dividend increase and share repurchases.
Key Takeaways
Huntsman Corporation reported fourth quarter 2021 results with revenues of $2,307 million, net income of $607 million, adjusted net income of $207 million and adjusted EBITDA of $349 million. The company concluded 2021 with its best year with the current portfolio of businesses. They repurchased over $200 million of shares in the second half of the year and announced a 13% increase to the quarterly dividend.
Q4 2021 revenues reached $2,307 million.
Net income for Q4 2021 was $607 million.
Adjusted net income for Q4 2021 was $207 million.
Adjusted EBITDA for Q4 2021 was $349 million.
Huntsman
Huntsman
Forward Guidance
Huntsman expects 2022 to be another strong year. They expect to grow earnings further, expand adjusted EBITDA margins and deliver improved free cash flow and cost optimization.
Positive Outlook
- Complete Geismar Louisiana, MDI splitter project in Q2 2022.
- Expand differentiated Polyurethanes business in the Americas.
- Progress investments targeting electric vehicle batteries.
- Progress investments targeting semi-conductors.
- Progress investments targeting polyurethane catalysts.