Celanese reports FY 2023 GAAP EPS $18.00, adjusted EPS $8.92; record free cash flow $1.3B

Celanese Corp

2023-FY EPS reported $17.92 revenue$10,940,000,000

Full year net sales $10.9B (+13% YoY); GAAP diluted EPS $18.00; adjusted EPS $8.92 (down from $15.88 prior year).
Record operating cash flow $1.9B and free cash flow $1.3B; net debt reduced $1.3B.
Q4 net sales $2.569B; GAAP diluted EPS $6.43; adjusted EPS $2.24; quarterly record free cash flow $702M.
Acetyl Chain FY adj EBIT $1.3B (26% margin); Engineered Materials FY adj EBIT $848M (14% margin).
Q1 2024 guidance: adjusted EPS $1.75-$2.00 inclusive of ~$0.30 M&M transaction amortization.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Celanese Corp reported fourth quarter and full year 2023 results: revenue $10.9 billion, EPS $18.00.

Period: fourth quarter and full year 2023
Revenue: $10.9 billion
EPS: $18.00
Result: reported results

Exact text from the filing

specialty materials company, today reported full year 2023 GAAP diluted earnings per share of $18.00 and adjusted earnings per share of $8.92. The Company generated net sales of $10.9 billion in 2023, an increase of 13 percent from the prior year, due to an increase in volume of 23 percent reflecting the Mobility & Materials (M&M) acquisition, partially offset by a

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Source: SEC EDGAR

accession 0001306830-24-000016

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