secwatch.observer — SEC 8-K summary
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Issuer:     OLIN Corp (OLN)
CIK:        0000074303
Form:       8-K
Filed at:   2024-01-25T23:59:59+00:00
Accession:  0000074303-24-000005
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Olin Q4 net income $52.9M ($0.43 EPS) vs $196.6M ($1.43) YoY; EBITDA $210.1M
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- Sales $1,614.6M, down 18% YoY from $1,977.0M; adjusted EBITDA $210.1M vs $441.8M.
- Chlor Alkali earnings $65.9M vs $252.3M; Epoxy loss of $23.1M vs income $30.5M; Winchester earnings up to $65.4M.
- Value accelerator initiative negatively impacted Q4 results by ~$100M; management expects 2024 adjusted EBITDA improvement.
- Repurchased 13.3M shares ($711.3M) in 2023; net debt $2.5B with leverage 1.9x EBITDA.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/74303/000007430324000005/0000074303-24-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/74303/000007430324000005/oln-20240125.htm
  HTML page:      https://secwatch.observer/filing/0000074303-24-000005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer