Huntsman(US:HUN)2025-08-01 14:00Financial Performance Overview - Revenues for 2Q25 were $1458 million, a decrease compared to $1574 million in 2Q24[8] - Net loss attributable to Huntsman Corporation was $(158) million in 2Q25, compared to a net income of $22 million in 2Q24[8] - Adjusted net loss was $(34) million in 2Q25, compared to an adjusted net income of $24 million in 2Q24[8] - Adjusted EBITDA decreased to $74 million in 2Q25 from $131 million in 2Q24[8] - Free cash flow from continuing operations increased to $55 million in 2Q25 from $5 million in 2Q24[8] Segment Performance - Polyurethanes: Revenues decreased to $932 million in 2Q25 from $1001 million in 2Q24, with adjusted EBITDA at $31 million (3% margin) compared to $80 million (8% margin) in 2Q24[10, 12] - Performance Products: Revenues decreased to $270 million in 2Q25 from $299 million in 2Q24, with adjusted EBITDA at $32 million (12% margin) compared to $46 million (15% margin) in 2Q24[19, 21] - Advanced Materials: Revenues decreased to $264 million in 2Q25 from $279 million in 2Q24, with adjusted EBITDA at $45 million (17% margin) compared to $52 million (19% margin) in 2Q24[27, 29] Cost Realignment Plans - The company plans to deliver ~$100 million in run rate benefits by the end of 2026[43] - Expected restructuring cash costs are approximately ~$100 million, with associated capital expenditures of ~$20 million[43] - The cost savings program is expected to provide a benefit of ~$65 million in 2025, excluding inflation[54] 3Q25 Outlook - Polyurethanes adjusted EBITDA is estimated to be between $35 million and $50 million[50] - Performance Products adjusted EBITDA is estimated to be between $20 million and $30 million[50] - Advanced Materials adjusted EBITDA is estimated to be between $40 million and $45 million[50] - Corporate adjusted EBITDA is expected to be around ~($40 million)[50]