secwatch.observer — SEC 8-K summary
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Issuer:     Celanese Corp (CE)
CIK:        0001306830
Form:       8-K
Filed at:   2024-02-20T23:59:59+00:00
Accession:  0001306830-24-000016
Event type: earnings
Sentiment:  neutral
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1306830/000130683024000016/0001306830-24-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1306830/000130683024000016/ce-20240220.htm
  HTML page:      https://secwatch.observer/filing/0001306830-24-000016

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