LyondellBasell Industries (LYB) Tops Q2 EPS by 9c

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LyondellBasell Reports Record Quarterly Results

July 28, 2015 7:00 AM EDT

HOUSTON and LONDON, July 28, 2015 /PRNewswire/ --

Second Quarter 2015 Highlights

Record income from continuing operations: $1.33 billion ($1.32 billion excluding LCM1) Record diluted earnings per share: $2.81 per share ($2.79 per share excluding LCM) Record EBITDA: $2.19 billion ($2.18 billion excluding LCM) Fourth consecutive quarter of EBITDA in excess of $2 billion Completed share repurchases under our prior authorization and received approval for a third 10 percent authorization. Repurchased 7.9 million shares, or approximately 1.7 percent of the shares outstanding during the quarter. Increased the interim quarterly dividend by 11 percent to 78 cents per... More