Chemours gains after higher Q2 sales forecast

The Chemours

18/06/2025 16:56

Updates

** Shares of specialty chemicals maker Chemours CC.N up 8.9% at $11.69

** Company expects Q2 sales at higher end of its earlier range, banking on strong demand for climate-friendly refrigerants

    ** CC expects Q2 net sales to rise by mid-teen percent from Q1's $1.37 billion, compared with an earlier projection of a low to mid-teen increase

 ** Analysts estimate sales of $1.57 billion for Q2, according to LSEG data

** CC says net sales at its thermal and specialized solutions segment are expected to rise about 25% sequentially

** Including session's moves, CC down 31.3% YTD

(Reporting by Sumit Saha in Bengaluru)

((Sumit.Saha@thomsonreuters.com;))