Westlake Q4 Earnings Call Highlights

CFO Steve Bender reported that Westlake posted a GAAP net loss of $33 million, or a loss of $0.25 per share, on sales of $2.5 billion in the fourth quarter. For the full year, the company reported a net loss of $116 million and EBITDA of $1.1 billion, with sales of $11.2 billion, down 8% from 2024. Management attributed the full-year sales decline to a 5% drop in volume and a 3% decline in average sales price.CEO Jean-Marc Gilson said the restructuring reflects a plan to “reset” Westlake’s cost position ami ...