earnings
confidence high
sentiment neutral
materiality 0.75
Albemarle Q2 net income $22.9M vs loss a year ago; cuts capex to $650-700M
ALBEMARLE CORP
2025-Q2 EPS reported
-$0.16
revenue$2,406,873,000
- Net sales of $1.33B, down 7% YoY; Energy Storage -13.5%, Specialties +5.1%, Ketjen -1.8%.
- Adjusted EBITDA $336.5M, down 12.9% YoY, but up sequentially on cost savings and mix.
- Diluted EPS attributable to common shareholders ($0.16) loss; adjusted EPS $0.11 vs $0.04.
- First-half cash from ops $538M; expects positive free cash flow for full year 2025.
- Full-year outlook maintained assuming ~$9/kg LCE lithium price; capex reduced to $650-700M.
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