secwatch.observer — SEC 8-K summary
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Issuer:     LyondellBasell Industries N.V. (LYB)
CIK:        0001489393
Form:       8-K
Filed at:   2024-04-26T23:59:59+00:00
Accession:  0001489393-24-000018
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LyondellBasell Q1 net income flat at $473M; adjusted EPS falls to $1.53 from $2.50
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- Net income $473M ($1.44 diluted EPS) vs Q1 2023 $474M ($1.44); adjusted EPS $1.53 vs $2.50.
- Sales $9.9B, down 3.1% YoY from $10.25B; EBITDA $1.0B ex-items $1.1B.
- Cash used by operating activities $114M in Q1; trailing 12-month ops cash $4.3B (93% conversion).
- Returned $408M to shareholders via dividends.
- Refinery exit costs of $36M pre-tax in Q1; impairments zero vs $252M a year ago.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1489393/000148939324000018/0001489393-24-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1489393/000148939324000018/lyb-20240426.htm
  HTML page:      https://secwatch.observer/filing/0001489393-24-000018

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer