HighGravityData
Companies / Huntsman / Filing

Huntsman — Nov 4, 2024 release

Fiscal 2024 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001104659-24-113919
Open on SEC.gov ↗
Showing in the filing
Capital expenditures
“between approximately $180 million to $190 million”
Period
FY2024
Measure
Company-defined measure
Source
Prose
All guidance in this release · 3
Capital expenditures for FY2024
“between approximately $180 million to $190 million”
Adjusted effective tax rate for FY2024
“between approximately 30% to 34%”
Long-term adjusted effective tax rate for the long term
“between approximately 22% to 24%”
Exhibit 99.1 · the passage around this item
… earlier in the release
As of September 30, 2024, we had approximately $1.7 billion of combined cash and unused borrowing capacity.   During the three months ended September 30, 2024, we spent $41 million on capital expenditures from continuing operations as compared to $50 million in the same period of 2023. During 2024, we expect to spend between approximately $180 million to $190 million on capital expenditures.   Income Taxes   In the third quarter of 2024, our effective tax rate was 115% and our adjusted effective tax rate was 41%. We expect our 2024 adjusted effective tax rate to be between approximately 30% to 34%. We expect our long-term adjusted effective tax rate to be between approximately 22% to 24%.   Earnings Conference Call Information   We will hold a conference call to discuss our third quarter 2024 financial results on Tuesday, November 5, 2024, at 10:00 a.m. ET.   Webcast link: https://event.choruscall.com/mediaframe/webcast.html?webcastid=52266EEY   Participant dial-in numbers: Domestic callers: (877) 402-8037 International callers: (201) 378-4913   The conference call will be accompanied by presentation slides that will be accessible via the webcast link and Huntsman’s investor relations website, www.huntsman.com/investors . Upon conclusion of the call, the webcast replay will be accessible via Huntsman’s website.   Upcoming Conferences   During the fourth quarter 2024, a member of management is expected to present at: Morgan Stanley Global Chemicals, Agriculture and Pack
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.