
Eastman Chemical Co. (EMN) 2023 Sales Down 13% to $9.2B, Adjusted EBIT Drops 18%
Eastman Chemical CompanyDescription
What this story covers
Eastman Chemical Co. (EMN) saw 2023 sales revenue drop 13 percent to 9 point 2 billion dollars due to lower volume/pricing. Adjusted EBIT decreased 18 percent, though net cash from operations rose to 1 point 4 billion dollars, driven by improved working capital. Investments in molecular recycling increased capital expenditures.
Story snapshot
CompanyEastman Chemical Company
TickerEMN
VariantStandard detailed
Duration24:25
Filing type10-K
PeriodAnnual 2023
IndustryMaterials
Accession0000915389-24-000016
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