Quarterly ResultAug 4, 2026, 04:29 PM
Celanese Q2 Adjusted EPS $2.45; Net Sales $2.8B, up 18% Seq.
AI Summary
Celanese Corporation reported strong second-quarter 2026 financial results, with adjusted earnings per share of $2.45 and net sales of $2.8 billion, marking an 18% sequential increase. The company highlighted robust execution across its Engineered Materials and Acetyl Chain segments, driven by favorable pricing, volume growth, and strategic initiatives. Celanese also completed key optimization projects, expecting over $50 million in annualized fixed-cost savings, and reiterated its full-year adjusted EPS outlook of approximately $6.00 and free cash flow of $700-$800 million.
Key Highlights
- Q2 2026 Adjusted EPS was $2.45, with GAAP diluted EPS at $1.15.
- Net sales reached $2.8 billion, an 18% sequential increase (4% volume, 14% price).
- Consolidated operating profit was $276 million; Adjusted EBIT $470 million; Operating EBITDA $649 million.
- Engineered Materials net sales increased 9% sequentially to $1.45 billion.
- Acetyl Chain net sales increased 28% sequentially to $1.33 billion.
- Completed Ulsan compounding unit closure and nylon 6,6 network optimization, expecting >$50M annualized savings.
- Forecasts Q3 adjusted EPS of $1.35-$1.75; reiterates full-year adjusted EPS of ~$6.00.
- Full-year free cash flow guidance maintained at $700-$800 million.
Price Impact
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