LyondellBasell reports Q3 adjusted EPS $1.01, consensus 80c

Reports Q3 revenue $7.73M, consensus $7.39B. “LYB continues to navigate a challenging market environment while remaining focused on delivering long-term value,” said Peter Vanacker, LyondellBasell (LYB) CEO. “Our Cash Improvement Plan is on track to achieve our $600M target in 2025 and a minimum of $1.1B by the end of 2026, by reducing fixed costs, managing working capital and optimizing capital investment to strengthen free cash flow. We are prioritizing our investment-grade balance sheet while investing in safe and reliable operations. Our strategy is resilient and we remain confident in our ability to create long-term value for investors.”