The Chemours Company Provides Update on Full Year 2022 Guidance
Chemours Company (The) (CC)
Last chemours company (the) earnings: 2/13 04:15 pm
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US:NYSE Investor Relations:
investors.chemours.com/investor-relations/default.aspx
Company Research
Source: Business Wire
WILMINGTON, Del.--(BUSINESS WIRE)--The Chemours Company (“Chemours”) (NYSE: CC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today provided an update on full year 2022 guidance.Adjusted EBITDA for 2022 is now expected to be between $1,400 million and $1,450 million, or at its midpoint approximately 7% below the midpoint of the prior guidance range, but about 9% above the prior year.Changes to the Titanium Technologies segment (TT) outlook drove the entirety of the change in the company’s full year guidance. We now anticipate total company Free Cash Flow of greater than $575 million, inclusive of actions taken to reduce full year capital expenditures from $400 million to approximately $350 million, while continuing to invest in growth and sustainability initiatives.“In our TT segment, we have experienced a continued decline in our demand outlook throughout the third quarter,
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CC
Earnings
- 10/26/23 - Miss
CC
Sec Filings
- 4/25/24 - Form 8-K
- 4/11/24 - Form ARS
- 4/11/24 - Form DEFA14A
- CC's page on the SEC website