CE
Celanese Corporation40.95
-1.54-3.62%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Reaffirms cash plan, EM electronics upside.
Q&A largely reaffirms Celanese's prepared outlook on cash focus, with management rejecting equity sales amid strong 2025 generation and divestiture progress toward $1B by 2027, eyeing deals this year from non-core JVs. Electronics shines as an EM bright spot via AI/data centers, offsetting mixed auto demand with China EV softness; $1-2 EPS growth targeted via $100M WC cuts, Lanark closure ($20-25M annual savings), and volume levers (1% Acetyl worth $15-20M). Tow stabilization eyed mid-year post-destocking. No China acetyl uplifts expected. Cash trumps demand risks.
Key Stats
Market Cap
4.48BP/E (TTM)
-Basic EPS (TTM)
-28.07Dividend Yield
0.02%Recent Filings
10-K
FY2025 results
Celanese's FY2025 net sales fell 7% to $9.5B amid weaker demand, with Engineered Materials down 4% on volume and pricing, Acetyl Chain plunging 11% from oversupply. Operating loss widened to $786M, hit by $1.5B asset impairments—yet Q4 showed sequential resilience via cost cuts and productivity. Debt holds at $12.6B after refinancing; cash at $1.3B. Divestitures like Micromax fuel deleveraging. Volatility in raw materials threatens quarterly momentum.
8-K
Celanese 2025 results filed
8-K
Celanese 2025 sales down 7%
Celanese reported 2025 net sales of $9.5B, down 7% on 4% price and 4% volume drops amid weak automotive and construction demand. Adjusted EPS hit $3.98 with $773M free cash flow from cost cuts and Micromax divestiture. Q4 sales fell 9% sequentially to $2.2B. Cash powers deleveraging, yet demand lingers soft.
8-K
Sutton resigns from Celanese board
Celanese director Scott M. Sutton resigned from the board on January 4, 2026, to become CEO of Rayonier Advanced Materials Inc. No disagreements with company operations prompted his exit; he contributed significantly during his tenure. Board remains experienced, backing management's cash flow gains and deleveraging push.
ALB
Albemarle Corporation
131.07-1.15
BAK
Braskem SA
2.84-0.02
CBT
Cabot Corporation
68.00-0.70
CC
Chemours Company (The)
11.69-0.09
EMN
Eastman Chemical Company
63.65-0.30
HUN
Huntsman Corporation
9.90-0.51
LYB
LyondellBasell Industries NV
42.98-0.36
RYAM
Rayonier Advanced Materials Inc
5.70-0.22
TSE
Trinseo PLC
0.48-0.07
WLK
Westlake Corporation
73.34-0.29