earnings
confidence high
sentiment negative
materiality 0.75
Ashland Q1 sales $405M (-14% YoY), net loss $165M; reiterates FY2025 outlook
ASHLAND INC.
2025-Q1 EPS reported
-$3.50
revenue$405,000,000
- Sales $405M, down 14% YoY; portfolio optimization cut 11% (excluding optimization, sales down 3%).
- Net loss $165M ($3.50/share); loss from continuing ops $166M ($3.51/share).
- Adjusted EBITDA $61M, down 13% YoY; excluding portfolio optimization, down 2%.
- Signed definitive agreement to sell Avoca business to Mane; terms not disclosed.
- Reiterates full-year fiscal 2025 outlook; cost reduction plan of $30M to offset stranded costs.