Huntsman falls on EBITDA forecast cut

Huntsman

19/01/2024 12:38

** Shares of chemical maker Huntsman  HUN.N  down ~5.8% at
$21.98 premarket 
    ** Co says it now expects Q4 2023 adjusted EBITDA to be in
the range of $40 mln to $45 mln vs. previous forecast range of
$65 mln to $90 mln
    ** Says lower range is due to pressure in its polyurethanes
segment, and the negative impact of an unplanned outage at its
Rotterdam facility 
    ** HUN expects to give its Q4 results on Feb. 21
    ** Up to last close, stock down 23.6% in the last 12 months

    

 (Reporting by Christy Santhosh)
 ((Christy.Santhosh@thomsonreuters.com))