Lyondellbasell Industries Nv · NYSE:LYB

Lyondellbasell Industries Nv — Q2 2016 Earnings Presentation

13 slides from Lyondellbasell Industries Nv's earnings presentation, Jul 29, 2016

  1. Slide 1: Second Quarter 2016 Earnings

    Second Quarter 2016 Earnings July 29, 2016

  2. Slide 2: Cautionary Statement

    Cautionary Statement The statements in this presentation relating to matters that are not historical facts are forward-looking statements. These forward-looking statements are based upon assumptions of management which are believed to be reasonable at the time made and are subject to significant ris

  3. Slide 3: Information Related to Financial Measures

    Information Related to Financial Measures This presentation makes reference to certain “non-GAAP” financial measures as defined in Regulation G of the U.S. Securities Exchange Act of 1934, as amended. The non-GAAP measures we have presented include income from continuing operations excluding LCM, di

  4. Slide 4: 2Q 2016 Highlights

    2Q 2016 Highlights (1) As Reported Excluding LCM ($ in millions, except per share data) 2Q15 1Q16 2Q16 2Q15 1Q16 2Q16 EBITDA $2,186 $1,807 $1,783 $2,177 $1,875 $1,715 Income from Continuing Operations $1,326 $1,030 $1,092 $1,320 $1,077 $1,045 Diluted Earnings ($ / share) from Continuing Operations $

  5. Slide 5: LyondellBasell Safety Performance

    LyondellBasell Safety Performance Safety Benchmark: Injuries per 200,000 Hours Worked (1) 0.50 0.40 0.30 0.20 0.10 0.00 2009 2010 2011 2012 2013 2014 2015 2016 (Q2 YTD) Maintaining strong safety performance in 2016 (1) Includes employees and contractors. 2016 data as of June 30, 2016. 5

  6. Slide 6: Second Quarter 2016 and LTM Segment EBITDA

    Second Quarter 2016 and LTM Segment EBITDA Second Quarter 2016 LTM June 2016 (1) ($, millions) EBITDA Op. Income ($, millions) EBITDA Op. Income As Reported $1,783 $1,403 As Reported $6,985 $5,465 As Adjusted for LCM $1,715 $1,335 As Adjusted for LCM $7,450 $5,930 Second Quarter 2016 EBITDA LTM June

  7. Slide 7: Cash Flow

    Cash Flow Second Quarter 2016 LTM June 2016 USD, millions USD, millions 4,500 $10,000 $4,000 8,000 3,500 3,000 6,000 2,500 2,000 4,000 $2,952 $2,545 1,500 $3,811 1,000 2,000 $2,545 500 (1) 2Q 2016 (1) CF from Working (2) Capex (3) Dividends & Net Debt Other 2Q 2016 3Q 2015 (1) CF from Working (2) Ca

  8. Slide 8: Strong Cash Generation, Share Repurchases & Dividends

    Strong Cash Generation, Share Repurchases & Dividends Cash From Operations Dividends & Share Repurchases USD, millions Free Cash Flow Capex USD, m illions Interim Dividends Share Repurchases $7,000 $8,000 6,000 6,000 5,000 4,000 4,000 3,000 2,000 2,000 1,000 2013 2014 2015 Q2'16 LTM 2013 2014 2015 L

  9. Slide 9: Olefins & Polyolefins – Americas Highlights and Business Drivers – 2Q'16

    Olefins & Polyolefins – Americas Highlights and Business Drivers – 2Q’16 EBITDA Performance vs. 1Q’16(1) USD, EBITDA Margin Volume millions As Reported Excluding LCM U.S. Olefins $1,200 • Ethylene cash margin up 3 ¢/lb. 1,000 • Volume down due to customer and polyethylene maintenance 800 Polyethylen

  10. Slide 10: Olefins & Polyolefins – Europe, Asia, International Highlights and Business Drivers – 2Q'16

    Olefins & Polyolefins – Europe, Asia, International Highlights and Business Drivers – 2Q’16 EBITDA Performance vs. 1Q’16(1) USD, EBITDA Margin Volume millions As Reported Excluding LCM $700 EU Olefins • Ethylene margin down ~2 ¢/lb. 600 Polyethylene 500 • Lower JV resale volumes. 400 Polypropylene (

  11. Slide 11: Intermediates & Derivatives Highlights and Business Drivers – 2Q'16

    Intermediates & Derivatives Highlights and Business Drivers – 2Q’16 EBITDA Performance vs. 1Q’16(1) USD, EBITDA Margin Volume Millions As Reported Excluding LCM Excluding LCM $600 Propylene Oxide and Derivatives • Margins lower due to sales mix 500 • Volumes down due to timing of Asian sales volumes

  12. Slide 12: Refining Highlights and Business Drivers – 2Q'16

    Refining Highlights and Business Drivers – 2Q’16 EBITDA Performance vs. 1Q’16(1) USD, EBITDA Margin Volume millions As Reported Excluding LCM Houston Refinery $200 • Maya 2-1-1: $21.07 per bbl, up $3.21 from 1Q’16 but not realized at 150 HRO 100 • Crude throughput: 183 MBPD, generally flat due to Q1

  13. Slide 13: Second Quarter Summary and Outlook

    Second Quarter Summary and Outlook Second Quarter Summary Near-Term Outlook • Second quarter industry trends developed as • Global O&P markets remain balanced due to anticipated good global demand and planned industry maintenance • O&P Americas and O&P EAI continued to benefit from strong polyolefin

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