Huntsman (HUN) Reaffirms FY16 Outlook, Objectives
Get Alerts HUN Hot Sheet
Price: $10.82 +2.56%
Revenue Growth %: +8.2%
Financial Fact:
Weighted average shares (in shares): 240.1M
Today's EPS Names:
CRMT, More
Revenue Growth %: +8.2%
Financial Fact:
Weighted average shares (in shares): 240.1M
Today's EPS Names:
CRMT, More
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Speaking at the Jefferies 2015 Industrials Conference yesterday, Peter Huntsman, Huntsman's (NYSE: HUN) President and CEO, reaffirmed the following points:
- We continue to expect that cash flow will improve approximately $300 million in 2016.
- We remain committed to a separation of the Pigments and Additives business by the end of 2016 and are actively exploring additional possibilities outside of an initial public offering that may be completed sooner to enhance greater shareholder value.
A webcast replay of the full presentation can be found at ir.huntsman.com.
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