
LyondellBasell Swings to $892M Q3 Net Loss on $1.2B Impairments
LyondellBasell Industries N.V.Description
What this story covers
LyondellBasell reported an 892 million dollar Q3 net loss and 603 million dollar nine-month loss, driven by 1.2 billion dollars impairments amid European downturns and weak demand. Revenues fell 10 percent to 7 point 7 billion dollars quarterly on lower prices and volumes. Strategic European asset sales and closures aim to refocus on North American strengths, with solid 1.8 billion dollars cash supporting 1.7 billion dollars capex. Q4 outlook cautious on costs and rates.
Story snapshot
CompanyLyondellBasell Industries N.V.
TickerLYB
VariantStandard detailed
Duration12:09
Filing type10-Q
PeriodQ3 2025
IndustryMaterials
Accession0001489393-25-000056
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