Quarterly ResultMay 5, 2026, 04:28 PM
Celanese Q1 GAAP EPS $0.41, Adj. EPS $0.85; Raises FY FCF Outlook
AI Summary
Celanese Corporation reported strong first quarter 2026 financial results with GAAP diluted EPS of $0.41 and adjusted EPS of $0.85. Net sales reached $2.3 billion, marking a 6% sequential increase driven by a 5% volume increase. The company raised its full-year free cash flow outlook to $700-$800 million and provided optimistic guidance for Q2 and H2 2026, expecting adjusted EPS of $2.00-$2.40 and approximately $3.00, respectively. Strategic actions included the planned closure of a nylon 6,6 unit in Singapore and the successful restart of the Frankfurt VAM unit.
Key Highlights
- Full-year free cash flow outlook raised to $700-$800 million.
- Q1 GAAP diluted EPS of $0.41 and adjusted EPS of $0.85.
- Q1 Net sales of $2.3 billion, up 6% sequentially.
- Q2 adjusted EPS guidance set at $2.00-$2.40.
- H2 2026 adjusted EPS estimated at approximately $3.00.
- Announced intended closure of nylon 6,6 polymerization unit in Singapore.
- Engineered Materials Q1 net sales were $1.325 billion.
- Acetyl Chain Q1 net sales were $1.036 billion.