secwatch.observer — SEC 8-K summary
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Issuer:     Celanese Corp (CE)
CIK:        0001306830
Form:       8-K
Filed at:   2025-02-18T23:59:59+00:00
Accession:  0001306830-25-000012
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Celanese reports FY2024 GAAP loss of $13.86/sh; adjusted EPS $8.37; Q4 sales down 10% sequentially
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- Full-year 2024 GAAP diluted loss per share of $13.86; adjusted EPS $8.37; net sales $10.3B, down 6% YoY.
- Q4 2024 net sales $2.37B, down 10% sequential; GAAP diluted EPS ($17.50); adjusted EPS $1.45.
- Q1 2025 guidance expects EPS of $0.25-$0.50; anticipates ~$100M headwinds from seasonal/one-time factors.
- CEO change: Scott Richardson appointed President and CEO effective Jan 1, 2025, succeeding Lori Ryerkerk.
- Company completed $75M cost reductions; plans closure of Luxembourg Mylar Specialty Films JV; appointed Todd Elliot to lead Engineered Materials.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1306830/000130683025000012/0001306830-25-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1306830/000130683025000012/ce-20250218.htm
  HTML page:      https://secwatch.observer/filing/0001306830-25-000012

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