Celanese Company (NYSE: CE), a chemical and specialty supplies firm, has introduced monetary outcomes for the second quarter of fiscal 2025.
- Second-quarter earnings per share from persevering with operations, on a reported foundation, had been $1.90, vs. $1.42 a 12 months earlier
- Adjusted earnings per share declined to $1.44 in Q2 from $2.38 per share within the second quarter of 2024
- Internet revenue got here in at $202 million within the second quarter, in comparison with $153 million within the corresponding quarter final 12 months
- The corporate reported web gross sales of $2.5 billion for the quarter, a 4.5% lower from the prior-year quarter
- At $532 million, working EBITDA was down 16% year-over-year within the June quarter
- For the reason that shut of Q2, Celanese has paid down an incremental $150 million of its five-year time period senior unsecured mortgage
- It has accomplished a brand new credit score settlement and a brand new $1.75 billion senior unsecured revolving credit score facility
