Stepan Q2 net income up 102% to $22.9M; adjusted EBITDA up 45% to $74.4M

STEPAN CO

Reported net income $22.9M ($1.00 diluted EPS) vs $11.3M a year ago; adjusted net income $27.1M ($1.18 adj. EPS).
Adjusted EBITDA $74.4M, up 45% YoY; Surfactant adj. EBITDA up 59%, Polymer up 22%.
Global sales volume up 3% (organic +6%); net sales $684.1M, up 15% YoY.
Company to reduce global salaried workforce by ~100 roles as part of Project Catalyst; full-year restructuring charges $75-80M.
Quarterly dividend declared $0.395/share, payable Sept 15, 2026 to holders of record Sept 1.

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