Backs FY23 adjusted EBITDA view $500M. “The impact from customer destocking actions across many supply chains continues to impact the markets we serve,” said Guillermo Novo, chair and chief executive officer, Ashland. “Based on information from global retailers of consumer products, we do not believe current customer dynamics are representative of underlying consumer demand for the high-value products in which our ingredients are used. While this uncertain environment presents near term challenges, it does not change our longer-term priorities.”
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