10-Q quarterly report · filed Aug 3, 2016

Huntsman CORP (HUN) Q2 2016 10-Q Quarterly Report

Short answer

Huntsman CORP (HUN) filed its Q2 2016 10-Q quarterly report on Aug 3, 2016 for the quarter ended Jun 30, 2016.

Huntsman CORP Q2 2016 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $2,544 million, down 7% YoY from $2,740 million
  • Gross profit down 17%, with lower margins in Performance Products and Pigments and Additives
  • Best segment: Polyurethanes EBITDA increased on approximately $30 million outage benefit; worst: Performance Products EBITDA down 39%
  • Operating cash flow $443 million for six months, versus $181 million YoY; free cash flow $269 million
  • Outlook: 2016 free cash flow above $350 million, capital expenditures approximately $450 million, third-quarter Textile Effects seasonal moderation

Risk Factors

  • New Brexit risk triggered by June 2016 U.K. referendum, threatening currency stability and European market access
  • New TSCA reform risk enacted June 2016, with implementation costs currently indeterminate
  • Titanium dioxide classification proposal could trigger carcinogenic labeling, manufacturing restrictions, and reduced product marketability
  • European exposure: 28% of 2015 revenue from Europe and 3% from the U.K.
  • EHS compliance risk: future rules could require unanticipated remediation, capital expenditures, and operating costs

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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