Financial Performance - Q4 2024 - Revenues for Q4 2024 were $1452 million, a 35% increase compared to $1403 million in Q4 2023[8] - Net loss attributable to Huntsman Corporation was $(141) million in Q4 2024, compared to a loss of $(71) million in Q4 2023[8] - Adjusted EBITDA was $71 million in Q4 2024, compared to $44 million in Q4 2023[8] - Free cash flow from continuing operations was $108 million in Q4 2024, compared to $83 million in Q4 2023[8] Segment Performance - Q4 2024 - Polyurethanes revenues increased to $970 million in Q4 2024 from $895 million in Q4 2023, with adjusted EBITDA increasing to $50 million from $13 million[11, 13] - Performance Products revenues decreased to $239 million in Q4 2024 from $260 million in Q4 2023, with adjusted EBITDA decreasing to $23 million from $28 million[18, 20] - Advanced Materials revenues slightly increased to $254 million in Q4 2024 from $251 million in Q4 2023, with adjusted EBITDA remaining relatively stable at $37 million and $38 million respectively[24, 26] Liquidity and Capital Structure - The company had $1719 million in liquidity at the close of Q4 2024[41] - Net debt was $1495 million, resulting in a net debt leverage of 36x[41] - Capital expenditures for the full year 2025 are expected to be between $180 million and $190 million[42] Outlook - Q1 2025 - Total adjusted EBITDA is expected to be approximately $70 million to $100 million[46] - Polyurethanes adjusted EBITDA is projected to be between $45 million and $60 million[46] - Performance Products adjusted EBITDA is projected to be between $25 million and $35 million[46] - Advanced Materials adjusted EBITDA is projected to be between $40 million and $45 million[46]
Huntsman(HUN) - 2024 Q4 - Earnings Call Presentation