Celanese Corporation


SKU: CE-1 Category:


Celanese Corporation’s results were a major disappointment as it failed to meet the revenue expectations as well as earnings expectations of Wall Street. It was characterized by a cautious outlook for 2024, as demand visibility remained uncertain. However, the company is optimistic about several factors contributing to an uplift in the coming year. On the engineering materials side, inventory drawdown efforts are expected to result in lower variable costs in 2024, reducing the impact on the profit and loss statement. Additionally, $150 million in M&M synergies, aided by the first-quarter SAP integration, are anticipated to enhance cost savings. The absence of significant destocking in 2024, share recovery, and continued volume recovery in M&M should contribute positively. On the Acetyl side, a minimum of $100 million in additional contribution from the Clear Lake asset and lower interest expenses due to debt reduction in the current year are expected to bolster earnings.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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