LyondellBasell Q1 ex-items EPS $2.50, 90% QoQ improvement; targets $6.3BN net income by 2027

LyondellBasell Industries N.V.

2023-Q1 EPS reported $1.44 revenue$10,247,000,000

Net income $474M ($1.44 diluted EPS); ex-items net income $822M ($2.50 EPS), up >90% vs Q4 2022.
Sales $10.25B, down 22% YoY from $13.16B; EBITDA ex-items $1.45B.
Returned $459M to shareholders via dividends and share repurchases in Q1.
New strategy targets $6.3BN net income and $10BN normalized EBITDA by 2027.
Started world's largest propylene oxide plant; achieved 70% of target for 50% renewable electricity by 2030.

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

LyondellBasell Industries N.V. reported financial results for the quarter ended March 31, 2023.

Period: the quarter ended March 31, 2023
Result: reported results

Exact text from the filing

On April 28, 2023, LyondellBasell Industries N.V. announced earnings results for the quarter ended March 31, 2023 and provided a supplemental discussion of segment results. Copies of our earnings release and segment results are attached as Exhibit 99.1 and 99.2 respectively, and are incorporated into this Item 2.02 by reference.

View on SEC.gov

13 earnings releases filed in the last 30 days. Browse all earnings releases →

LyondellBasell Industries N.V. filing history →

Source: SEC EDGAR

accession 0001489393-23-000023

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.