LyondellBasell falls on Q2 profit miss

LyondellBasell Industries

01/08/2025 17:49

Updates

** Shares of chemical maker LyondellBasell LYB.N fall 5% to $54.99

** LYB misses Q2 profit estimates, hurt by lower margins and higher energy costs

** Posts Q2 adjusted profit of 62 cents/share vs analysts' estimate of 80 cents/share - data compiled by LSEG

** Co's olefins and polyolefins Americas unit, its largest segment by sales volume, posts Q2 adjusted core earnings of $318 mln, down from $670 mln the previous year

** Including session's moves, stock down ~26% YTD

 (Reporting by Pranav Mathur in Bengaluru)

 ((Pranav.Mathur@thomsonreuters.com;))