Celanese reports Q4 adjusted EPS $2.24, consensus $2.31

Reports Q4 revenue $2.57B, consensus $2.59B. “In a challenging backdrop across the entirety of 2023, our team decisively executed on hundreds of actions to reduce our costs, secure alternative volumes, align our production and inventory levels with demand, and maximize our cash generation,” said Lori Ryerkerk, chair and chief executive officer. “With a focus on what we can control, we delivered record cash generation, exceeded our full year net debt reduction objective, and enhanced the competitiveness of our businesses going into 2024.”