10-Q quarterly report · filed Jul 27, 2017

Huntsman CORP (HUN) Q2 2017 10-Q Quarterly Report

Short answer

Huntsman CORP (HUN) filed its Q2 2017 10-Q quarterly report on Jul 27, 2017 for the quarter ended Jun 30, 2017.

Huntsman CORP Q2 2017 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Quarterly revenue $2,616M, up 3% YoY from $2,544M
  • Gross profit margin 14% vs 13% YoY; net income $167M vs $87M
  • Best segment Pigments and Additives adjusted EBITDA up 268%; worst Advanced Materials adjusted EBITDA down 3%
  • Operating cash flow $394M vs $443M; capital expenditures $147M vs $189M
  • Outlook: 2017 capital expenditures approximately $380M; Pori restart targeted at 40% capacity in Q2 2018 and full capacity around year-end 2018

Risk Factors

  • Newly added merger risk triggered by May 21, 2017 Clariant agreement, including customer delays and stock-price pressure
  • Regulatory risk: antitrust, SEC, SIX, and CFIUS approvals could impose divestitures or materially burdensome conditions
  • Legal risk: merger-related stockholder litigation could delay closing or require damages
  • Operational risk: merger restrictions and management distraction could limit strategic opportunities and employee retention
  • Financial risk: termination fees of $210 million or $60 million payable if specified merger conditions fail

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

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