Celanese ( (CE) ) has released its Q1 earnings. Here is a breakdown of the information Celanese presented to its investors.
Celanese Corporation is a global leader in the chemical and specialty materials sector, known for its innovative solutions across various industries, including automotive, paints, coatings, and construction. The company is committed to sustainability and is a Fortune 500 company with over 11,000 employees worldwide.
In its first quarter of 2025 earnings report, Celanese Corporation reported a U.S. GAAP diluted loss per share of $0.15 and an adjusted earnings per share of $0.57. The company achieved net sales of $2.4 billion, marking a 1% increase from the previous quarter, driven by a 2% rise in volume. Despite sluggish demand in key segments, Celanese pursued strategic priorities to enhance cash flow, reduce costs, and drive growth.
Key financial highlights include a consolidated operating profit of $168 million, adjusted EBIT of $234 million, and operating EBITDA of $414 million. The Engineered Materials segment showed favorable performance due to improved product mix and productivity gains, while the Acetyl Chain faced challenges with higher costs and order delays. The company also announced cost reduction targets of $120 million for 2025 and plans to divest its Micromax business.
Celanese’s strategic actions included refinancing transactions to improve its debt profile and enhance cash flow generation. The company aims to leverage these measures to manage debt maturities through 2027 and focus on generating free cash flow and proceeds from divestitures.
Looking ahead, Celanese anticipates a slight recovery in automotive volumes and stabilization in demand, particularly in the U.S. and China. The company remains focused on cash generation to deleverage its balance sheet, with an expected free cash flow of $700 to $800 million in 2025, despite uncertainties in the global demand environment.