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Chemours lowers adjusted EBITDA and annual revenue growth guidance

Earnings Whispers · ·by G4L

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CC Chemours Company
$13.29 -0.45%
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  1. 1Chemours lowered its adjusted EBITDA guidance to $775 million - $825 million.
  2. 2Management stated that the fixed aftermarket market decreased by approximately 25% year-over-year.
  3. 3Performance Solutions grew by 8%.

So what's the key point?

Chemours has lowered its profit outlook. This means earnings may decrease as the parts replacement market has shrunk by about 25 percent.

Source Earnings Whispers · View original ↗

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