Huntsman (HUN) Revises Q1 Guidance Upwards; Comments On Recent Credit Rating Upgrade
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Huntsman Updates Its First Quarter 2022 Outlook and Comments On Its Recent Credit Rating Upgrade
March 7, 2022 6:55 AM ESTTHE WOODLANDS, Texas, March 7, 2022 /PRNewswire/ --Â Management of Huntsman Corporation (NYSE: HUN)Â is participating in several investor meetings in the coming weeks and intends to provide the following updated guidance for the first quarter 2022:
Following a review of February results and the developing business trends in March, management now expects first quarter 2022 adjusted EBITDA to be at or even above the high end of the previously communicated range of $350 million to $380 million. Adjusted EBITDA margin for the first quarter is trending to 17% even in the face of significant energy cost... More
