Olin(US:OLN)2025-05-02 11:11Financial Performance - Olin's Q1 2025 sales were $925 million [14], compared to $954 million in Q4 2024 and $885 million in Q1 2024 [14] - Adjusted EBITDA for Q1 2025 was $186 million [14], compared to $181 million in Q4 2024 and $183 million in Q1 2024 [14] - Net debt increased to $2861.8 million in Q1 2025 [45], up from $2666.6 million in Q4 2024 and $2614.8 million in Q1 2024 [45] - The company expects Q2 2025 Adjusted EBITDA to be between $170 million and $210 million [47] Segment Performance - Chlor Alkali Products & Vinyls (CAPV) segment achieved an adjusted EBITDA of $185.5 million in Q1 2025 [72] - The Epoxy segment reported an adjusted EBITDA loss of $15.6 million in Q1 2025 [72] - Winchester segment's adjusted EBITDA was $32.3 million in Q1 2025 [72], down from $51.1 million in Q4 2024 and $80.1 million in Q1 2024 [72] Strategic Initiatives and Outlook - Olin completed the acquisition of AMMO, Inc.'s production assets for an adjusted purchase price of $56 million [38], expecting first-year Adjusted EBITDA of $10 million to $15 million [38] - The company issued 2033 bonds and repaid 2025 and 2027 bonds in a leverage-neutral refinancing [45] - Olin is targeting over $250 million in structural cost savings by 2028 through the Beyond250 initiative [13]