Huntsman Says Q1 Improved Sequentially Due Largely To Higher Sales Volumes And Improved Margins; Expects These Trends To Continue Into Seasonally Stronger Q2
Portfolio Pulse from Benzinga Newsdesk
Huntsman Corporation reported an improvement in Q1 due to higher sales volumes and improved margins, and expects these positive trends to continue into a seasonally stronger Q2.
May 02, 2024 | 8:55 pm
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Huntsman Corporation experienced improved performance in Q1, attributed to higher sales volumes and better margins, and anticipates further improvements in Q2.
The positive performance in Q1, driven by higher sales volumes and improved margins, is a strong indicator of the company's operational efficiency and market demand. The expectation of these trends continuing into Q2, a seasonally stronger quarter, suggests potential for further stock appreciation in the short term.
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