Celanese Corporation (NYSE: CE), a chemical and specialty materials company, has announced financial results for the second quarter of fiscal 2025.
Second-quarter earnings per share from continuing operations, on a reported basis, were $1.90, vs. $1.42 a year earlierAdjusted earnings per share declined to $1.44 in Q2 from $2.38 per share in the second quarter of 2024Net income came in at $202 million in the second quarter, compared to $153 million in the corresponding quarter last yearThe company reported net sales of $2.5 billion for the quarter, a 4.5% decrease from the prior-year quarter At $532 million, operating EBITDA was down 16% year-over-year in the June quarterSince the close of Q2, Celanese has paid down an incremental $150 million of its five-year term senior unsecured loanIt has completed a new credit agreement and a new $1.75 billion senior unsecured revolving credit facility
The post Earnings Summary: Highlights of Celanese Corp’s (CE) Q2 2025 report first appeared on AlphaStreet.
