share_log

Albemarle | 8-K: Albemarle Reports Second Quarter 2024 Results

Albemarle | 8-K: Albemarle Reports Second Quarter 2024 Results

美國雅保 | 8-K:雅寶公佈2024年第二季度業績
美股SEC公告 ·  2024/08/01 04:26

Moomoo AI 已提取核心訊息

Albemarle reported Q2 2024 net sales of $1.4 billion, down 40% YoY, with a net loss of $188 million primarily due to lower lithium pricing. Energy Storage volumes grew 37% but were offset by an 89% price decline. The company recorded a $215 million after-tax charge related to capital project write-offs and contract cancellation costs.The company announced a comprehensive review of its cost and operating structure, including placing Kemerton Train 2 in care and maintenance and stopping construction on Train 3. These actions are expected to result in a $0.9-1.1 billion charge in Q3 2024. Productivity improvements exceeded $150 million in Q2, tracking 50% above the initial target.Despite market challenges, Albemarle maintained its full-year outlook considerations, with the $15/kg lithium price scenario expected to hold even with lower July pricing. The company projects FY2024 net sales of $5.5-6.2 billion and adjusted EBITDA of $0.9-1.2 billion under current market conditions.
Albemarle reported Q2 2024 net sales of $1.4 billion, down 40% YoY, with a net loss of $188 million primarily due to lower lithium pricing. Energy Storage volumes grew 37% but were offset by an 89% price decline. The company recorded a $215 million after-tax charge related to capital project write-offs and contract cancellation costs.The company announced a comprehensive review of its cost and operating structure, including placing Kemerton Train 2 in care and maintenance and stopping construction on Train 3. These actions are expected to result in a $0.9-1.1 billion charge in Q3 2024. Productivity improvements exceeded $150 million in Q2, tracking 50% above the initial target.Despite market challenges, Albemarle maintained its full-year outlook considerations, with the $15/kg lithium price scenario expected to hold even with lower July pricing. The company projects FY2024 net sales of $5.5-6.2 billion and adjusted EBITDA of $0.9-1.2 billion under current market conditions.
美國雅保報告2024年第二季度淨銷售額爲14億元,同比下降40%,淨虧損爲18800萬元,主要由於鋰礦價格下降。能源儲存量增長37%,但因價格下降89%而被抵消。公司記錄了21500萬元的稅後費用,涉及資本項目的減值和合同取消成本。公司宣佈對其成本和運營結構進行全面審查,包括將Kemerton Train 2置於保養狀態,並停止對Train 3的施工。這些行動預計將在2024年第三季度造成90億至110億元的費用。第二季度的生產力提升超過15000萬元,超過了最初目標的50%。儘管面臨市場挑戰,美國雅保仍保持全年展望考慮,預計15元/公斤鋰礦價格情景即使在7月份價格下跌時也會持有。公司預計在當前市場條件下,2024財政年度的淨銷售額爲550-620億元,調整後的息稅折舊攤銷前利潤爲90-120億元。
美國雅保報告2024年第二季度淨銷售額爲14億元,同比下降40%,淨虧損爲18800萬元,主要由於鋰礦價格下降。能源儲存量增長37%,但因價格下降89%而被抵消。公司記錄了21500萬元的稅後費用,涉及資本項目的減值和合同取消成本。公司宣佈對其成本和運營結構進行全面審查,包括將Kemerton Train 2置於保養狀態,並停止對Train 3的施工。這些行動預計將在2024年第三季度造成90億至110億元的費用。第二季度的生產力提升超過15000萬元,超過了最初目標的50%。儘管面臨市場挑戰,美國雅保仍保持全年展望考慮,預計15元/公斤鋰礦價格情景即使在7月份價格下跌時也會持有。公司預計在當前市場條件下,2024財政年度的淨銷售額爲550-620億元,調整後的息稅折舊攤銷前利潤爲90-120億元。
声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息