Slide 1: Celanese Q1 2015 Earnings
Celanese Q1 2015 Earnings Thursday, April 16, 2015 Conference Call / Webcast Friday, April 17, 2015 10:00 a.m. Eastern Time © Celanese Mark Rohr, Chairman and Chief Executive Officer Chris Jensen, Senior Vice President, Finance Exhibit 99.3
Slide 2: Forward-looking statements
© Celanese Celanese Corporation 2 This presentation may contain "forward-looking statements," which include information concerning the company's plans, objectives, goals, strategies, future revenues or performance, capital expenditures, financing needs and other information that is not historical in
Slide 3: Mark Rohr, Chairman and Chief Executive Officer
© Celanese Celanese Corporation 3 Mark Rohr Chairman and Chief Executive Officer
Slide 4: Aligning along two value drivers
© Celanese Celanese Corporation 4 Aligning along two value drivers Acetyl ChainMaterials Solutions Value Creation • Leverage industry leading integrated technology across a global platform • Support global trade flows • Serve a broad area of customers • Combine broad chemistry & polymer technology w
Slide 5: Q1 Performance: Celanese Corporation Q1 2015 Highlights
© Celanese Celanese Corporation 5 Factors Affecting Net Sales QoQ* YoY* 5% 0% -5% -10% -15% -20% Volume Price CurrencyOther Total $1,800 $1,200 $600 $0 30% 20% 10% 0% Q1 2014 Q4 2014 Q1 2015 17.7% 18.1% 24.1% $1,705 $1,559 $1,450 Q1 Performance Celanese Corporation Q1 2015 Highlights Net sales (in m
Slide 6: Materials Solutions Q1 Performance
© Celanese Celanese Corporation 6 Net sales (in millions) Materials Solutions Q1 Performance Factors Affecting Net Sales $800 $600 $400 $200 $0 60% 40% 20% 0% Q1 2014 Q4 2014 Q1 2015 31.3% 28.6% 34.4% $675 $609 $570 Total core income margin QoQ YoY 5% 0% -5% -10% -15% -20% Volume Price Currency Othe
Slide 7: Advanced Engineered Materials Q1 Performance
© Celanese Celanese Corporation 7 YoY Segment income highlights • Margin expanded on consistent volume & price amid lower raw raw material costs, primarily ethylene & methanol • Higher margin more than offset currency impact QoQ Segment income highlights • Higher volume in European & North American
Slide 8: Consumer Specialties Q1 Performance
© Celanese Celanese Corporation 8 Consumer Specialties Q1 Performance Factors Affecting Net Sales YoY Segment income highlights • Lower volume due to anticipated customer de- stocking in acetate tow • Price declined on 2 percent lower tow price & legacy flake contract QoQ Segment income highlights •
Slide 9: Acetyl Chain Q1 Performance
© Celanese Celanese Corporation 9 Acetyl Chain Q1 Performance Factors Affecting Net Sales YoY Core income highlights • Volume decline in Acetyl Intermediates, primarily VAM & Industrial Specialties • Price held enough to expand margin as raw material costs declined • Higher margin, focused spending
Slide 10: Fairway: Clear Lake methanol project update
© Celanese Celanese Corporation 10 Fairway: Clear Lake methanol project update, expected start-up October 1, 2015 Status Update Steel 98% complete • Piping ~60% complete • Electrical & instrumentation ~70% complete • Work on reformer system underway • Working to pull project schedule forward Milesto
Slide 11: Outlook for rest of 2015
© Celanese Celanese Corporation 11 Outlook for rest of 2015 Headwinds • Euro : Dollar exchange rate continues to decline ◦ Incremental $0.25 to $0.30 per share impact for the rest of 2015 Increasing 2015 outlook for adjusted earnings to $5.60 to $5.90 per share Actions • Additional cost savings thro
Slide 12: Chris Jensen, Senior Vice President, Finance
© Celanese Celanese Corporation 12 Chris Jensen Senior Vice President, Finance
Slide 13: Strong Cash Flow Generation
© Celanese Celanese Corporation 13 Strong Cash Flow Generation • Record Q1 operating cash flow on higher earnings & good working capital management • Ended the quarter with $851 million of cash • Net capital expenditures of $82 million in the quarter • Continue to expect 2015 capital expenditures in