secwatch.observer — SEC 8-K summary
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Issuer:     ALBEMARLE CORP (ALB)
CIK:        0000915913
Form:       8-K
Filed at:   2025-02-12T23:59:59+00:00
Accession:  0000915913-25-000023
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Albemarle Q4 adj. EPS loss $1.09; full-year net loss $1.2B as lithium prices slump
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- Q4 net sales $1.2B (-48% YoY); adj. diluted EPS loss ($1.09) vs loss ($5.19) prior year.
- Full-year net loss $1.2B ($11.20 diluted loss); adj. diluted loss per share ($2.34).
- Adjusted EBITDA Q4 $251M vs loss $135M prior year; full-year $1.1B (in-line with outlook).
- Plans to place Chengdu site in care & maintenance by mid-2025; cuts 2025 capex to $700-800M (down >50% YoY).
- Cash from ops $702M; targeting breakeven free cash flow in 2025 under current lithium price scenarios.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/915913/000091591325000023/0000915913-25-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/915913/000091591325000023/alb-20250212.htm
  HTML page:      https://secwatch.observer/filing/0000915913-25-000023

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