secwatch.observer — SEC 8-K summary
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Issuer:     LyondellBasell Industries N.V. (LYB)
CIK:        0001489393
Form:       8-K
Filed at:   2024-08-02T23:59:59+00:00
Accession:  0001489393-24-000035
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LyondellBasell Q2 net income $924M, EPS $2.82; dividend raised 7% to $1.34
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- Net income of $924M ($2.82 diluted EPS); adjusted net income $734M ($2.24 EPS).
- Sales of $10.6B, up 2.4% YoY; EBITDA of $1.6B vs $1.4B in Q2 2023.
- Completed divestment of EO&D business; acquired 35% stake in NATPET polypropylene JV in Saudi Arabia.
- Returned $513M to shareholders via dividends and buybacks; quarterly dividend increased 7% to $1.34/share.
- Announced strategic review of European assets; cash from operations of $1.3B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1489393/000148939324000035/0001489393-24-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1489393/000148939324000035/lyb-20240802.htm
  HTML page:      https://secwatch.observer/filing/0001489393-24-000035

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