Navigate challenges with strategic costs …

• Revenue: 2.8 billion US dollars for the first quarter of 2025.

• EBITDA: 288 million US dollars for the first quarter of 2025.

• Net lust: $ 40 million or $ 0.31 per share for the first quarter of 2025.

• Hip segment EBITDA Marge: 20% for the first quarter of 2025.

• PEM segment EBITDA: 73 million US dollars for the first quarter of 2025.

• Cash and investments: 2.5 billion US dollars on March 31, 2025.

• Total debt: 4.6 billion US dollars on March 31, 2025.

• Net money from operating activities used: 77 million US dollars for the first quarter of 2025.

• Share returns: 30 million US dollars of the Westlake tribe stocks in the first quarter of 2025.

• Dividends: 68 million US dollars returned to shareholders in the first quarter of 2025.

• Cost reduction target: Introduced 25 million US dollars on a new range of $ 150 million to $ 175 million for 2025.

• Capital expenditure forecast: Reduced by 10% to 900 million US dollars for 2025.

Appearance date: May 02, 2025

You can find the complete copy of the earnings call in the complete earnings call.

• Despite the challenging market conditions, Westlake Corp (NYSE: WLK) reported a solid EBITDA margin of 20% in the segment for residential and infrastructure products (hip).

• In the first quarter, the company achieved cost reductions of $ 40 million and increased its cost reduction target for 2025 US dollars to a new range of $ 155 million.

• Westlake Corp (NYSE: WLK) successfully completed important operational milestones, including a Petro1-ethylene plant gymnastics and new VCM anthe in the Geisar plant, which improves operational reliability.

• The company has a strong balance in investment quality with $ 2.5 billion in cash and security and offers financial stability and flexibility.

• The Westlake Corp (NYSE: WLK) continues to focus on optimizing the manufacturing footprint and the improvement of profitability, especially in its epoxy business.

• Westlake Corp (NYSE: WLK) recorded a net loss of 40 million US dollars in the first quarter, especially due to higher output and energy costs, planned gymnastics and unplanned failures.

• The Performance and Essential Materials segment (PEM) recorded a significant margin compression, with EBITDA $ 180 million lower below the first quarter of 2024.

• The worldwide demand remains far below historical level, and the latest disorders caused by tariffs have had a negative impact on growth.

• The company reduced its capital expenditure forecast by 10% to 900 million US dollars for 2025, which contradicts a cautious approach under uncertain market conditions.

• Westlake Corp (NYSE: WLK) expects the sales and EBITDA margin for living and infrastructure products to be at the bottom of the previously communicated area due to macroeconomic uncertainties and higher interest rates.