Celanese Corporation · NYSE:CE
Celanese — Q1 2018 Earnings Presentation
9 slides from Celanese's earnings presentation, Apr 16, 2018
Slide 1: Celanese Q1 2018 Earnings
© Celanese Celanese Corporation 1 Celanese Q1 2018 Earnings Monday, April 16, 2018 Conference Call / Webcast Tuesday, April 17, 2018 10:00 a.m. Eastern Time Mark Rohr, Chairman and Chief Executive Officer Scott Richardson, SVP and Chief Financial Officer Exhibit 99.1(b)
Slide 2: Forward-Looking Statements
© Celanese Celanese Corporation 2 Forward-Looking Statements This presentation contains "forward-looking statements," which include information concerning the Company's plans, objectives, goals, strategies, future revenues, synergies, performance, capital expenditures, financing needs and other info
Slide 3: Recent Highlights
© Celanese Celanese Corporation 3 • Completed the acquisition of Omni Plastics and its subsidiaries. Omni specializes in custom compounding of various engineered thermoplastic materials. • Commercialized a record 742 projects in Engineered Materials in the first quarter of 2018, a 45 percent increas
Slide 4: Opportunity Pipeline Examples
© Celanese Celanese Corporation 4 Opportunity Pipeline Examples Solid Wheel Applications Cosmetic Pumps & Dispensers • Solid wheel applications require durable and customizable materials • Celanese high-strength elastomers achieve good load performance, high adhesion to polymers, and resistance to c
Slide 5: Celanese Corporation Q1 2018 Highlights
© Celanese Celanese Corporation 5 Net sales (in millions) Factors Affecting Net Sales $2,000 $1,500 $1,000 $500 $0 30% 20% 10% 0% Q1 2017 Q4 2017 Q1 2018 22.6% 22.1% 25.6% $1,471 $1,593 $1,851 Q1 Performance • Adjusted earnings per share of $2.79, an all-time record • Net sales of $1.9 billion, a 26
Slide 6: Engineered Materials Q1 Performance
© Celanese Celanese Corporation 6 Net sales (in millions) Q1 Performance Factors Affecting Net Sales $800 $600 $400 $200 $0 40% 20% 0% Q1 2017 Q4 2017 Q1 2018 29.2% 24.5% 27.4% $514 $580 $665 Total segment income margin YoY Segment income highlights • Volume growth mainly from the Nilit and Omni acq
Slide 7: Acetate Tow Q1 Performance
© Celanese Celanese Corporation 7 Net sales (in millions) Q1 Performance Factors Affecting Net Sales $200 $100 $0 60% 40% 20% 0% Q1 2017 Q4 2017 Q1 2018 48.7% 43.3% 46.4% $191 $157 $168 Total segment income margin Acetate Tow QoQ YoY 10% 5% 0% -5% -10% -15% Volume Price Currency Other Total QoQ Segm
Slide 8: Acetyl Chain Q1 Performance
© Celanese Celanese Corporation 8 Q1 Performance Factors Affecting Net Sales YoY Core income highlights • Pricing expanded due to higher industry utilization rates, which impacted pricing for most products. • Volume growth due to higher sales of acetic acid in China. QoQ Core income highlights • Pri
Slide 9: Cash Flow
© Celanese Celanese Corporation 9 • Operating cash flow of $143 million • Free cash flow of $55 million driven by timing of sales and collections; expect above $900 million for the year • Net capital expenditures of $86 million; expect 2018 to be $300-350 million • Returned $63 million to shareholde