Huntsman(US:HUN)2022-02-16 17:46Financial Highlights - The company's Q4 2021 revenues reached $2307 million, compared to $1668 million in Q4 2020[7] - Adjusted EBITDA for Q4 2021 was $349 million, up from $240 million in Q4 2020[7] - Free cash flow from continuing operations was $698 million in Q4 2021, significantly higher than the $88 million in Q4 2020[7] - Full year 2021 adjusted EBITDA reached $1343 million, compared to $647 million for the full year 2020[7] Segment Performance - Polyurethanes revenue increased by 35% year-over-year, reaching $1393 million in Q4 2021[9] - Performance Products revenue increased by 55% year-over-year, reaching $410 million in Q4 2021[14] - Advanced Materials revenue increased by 53% year-over-year, reaching $317 million in Q4 2021[18] - Textile Effects revenue increased by 13% year-over-year, reaching $195 million in Q4 2021[21] Outlook and Strategy - The company is targeting ~$240 million in run rate benefits from cost realignment and synergy plans by the end of 2023[23] - The company estimates Q1 2022 adjusted EBITDA to be between $350 million and $380 million[29] - The company repurchased ~7 million shares for ~$203 million in H2 2021, including ~3 million shares repurchased in Q4 2021[28]