LyondellBasell Industries (LYB) Misses Q1 EPS by 9c, Revenues Miss

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Go back to LyondellBasell Industries (LYB) Misses Q1 EPS by 9c, Revenues Miss

LyondellBasell Reports First Quarter 2020 Earnings

May 1, 2020 6:30 AM EDT

HOUSTON and LONDON, May 1, 2020 /PRNewswire/ --

First Quarter 2020 Highlights

Net Income: $0.1 billion, $0.5 billion excluding LCM1 Diluted earnings per share: $0.42 per share, $1.47 per share excluding LCM EBITDA: $0.6 billion, $1.1 billion excluding LCM, resilient performance in a challenging market Launched production at our 500,000 ton U.S. Gulf Coast high-density polyethylene plant using LyondellBasell's next-generation Hyperzone technology Expanding our presence in China with definitive agreements for an integrated olefins and polyolefins joint venture with Bora using LyondellBasell's polyolefin technologies Safely operating major facilities as an essential industry supporting... More