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Dec 31, 2024
Huntsman Q4 2024 Earnings Report
Huntsman reported a net loss for Q4 2024, with revenue growth but continued margin pressure.
Key Takeaways
Huntsman Corporation posted Q4 2024 revenue growth of 3.49% year-over-year, reaching $1.45 billion. However, the company reported a net loss of $141 million and an adjusted EBITDA of $71 million. Volume improvements were seen across segments, but margin pressures and restructuring costs impacted overall profitability.
Revenue increased by 3.49% YoY to $1.45 billion.
Net loss widened to $141 million compared to $71 million in Q4 2023.
Adjusted EBITDA rose 61.36% YoY to $71 million.
Huntsman is implementing cost-cutting measures and strategic restructuring in key segments.
Huntsman
Huntsman
Huntsman Revenue by Segment
Revenue by Segment
Polyurethanes Revenue
CapyFin.comPerformance Products Revenue
CapyFin.comAdvanced Materials Revenue
CapyFin.com Forward Guidance
Huntsman expects continued cost-cutting initiatives and restructuring efforts to improve future profitability, but demand recovery remains uncertain.
Positive Outlook
- Volume growth of 5% YoY in Q4 2024, leading to 6% full-year growth.
- Automotive sector in China expected to show modest growth.
- Company remains focused on aggressive cost-cutting measures.
- Strategic assessment of European maleic anhydride business to optimize operations.
- Strong liquidity with $1.7 billion in cash and unused borrowing capacity.
Challenges Ahead
- Construction and automotive markets remain subdued.
- European operations challenged by high energy costs and regulation.
- No significant margin improvement despite volume growth.
- Workforce reductions announced in Polyurethanes segment.
- CapEx expected to range between $180 million and $190 million in 2025.
Revenue & Expenses
Visualization of income flow from segment revenue to net income