- LYB reported Q3 2026 non-GAAP EPS of $2.54, missing estimates by $0.01.
- Q3 revenue of $8.5B rose 10.0% Y/Y but missed estimates by $390M. EBITDA was $1.4B, or $1.5B excluding identified items.
- LYB increased cash by approximately $600M during Q3, including planned €500M of debt issuance.
- Management said the Middle East conflict continues to affect production, feedstock availability, logistics and freight flows in petrochemical and energy markets.
- LYB plans a $50M-$100M annual cash flow lift as the Houston refinery site sale targets close by end of 2026.
- WSJ reported LYB revenue rose while the company warned of a slow recovery in the Middle East.
Quotes
“Petrochemical and energy markets continue to be impacted by the conflict in the Middle East, affecting production, feedstock availability, logistics and freight flows.”