Q2 adjusted EPS $2.38, sales $2.65B; guides Q3 $2.75-3.00, FY $10.25-10.75

Celanese Corp

2024-Q2 EPS reported $2.52 revenue$5,262,000,000

GAAP diluted EPS $1.42 vs $2.00 YoY; adjusted EPS $2.38 vs $2.17 YoY.
Net sales $2.65B, +2% sequentially; volume +4%, pricing -2%.
Engineered Materials: record adjusted EBIT $265M; Acetyl Chain EBIT $277M, hit by force majeure.
Free cash flow $173M; repaid $500M maturing bond; paid $77M dividends.
Q3 adjusted EPS guidance $2.75-$3.00; FY2024 adjusted EPS $10.25-$10.75.

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