LyondellBasell Reports Record Quarterly Results_Net income for second quarter of 2015 increases to USD 1.33 Billion_by chemwinfo

 28 July 2015

ABOUT LYONDELLBASELL

ABOUT LYONDELL LEADERSHIPS

DETAILS

Second Quarter 2015 Highlights 

• Record income from continuing operations: 
  $1.33 billion ($1.32 billion excluding LCM¹)
  
  
• Record diluted earnings per share: 
  $2.81 per share ($2.79 per share excluding LCM)
  
  
• Record EBITDA: $2.19 billion ($2.18 billion excluding LCM)
  
  
• Fourth consecutive quarter of EBITDA in excess of $2 billion
  
  
• Completed share repurchases under our prior authorization
  and received approval for a third 10 percent authorization.
  Repurchased 7.9 million shares, or
  approximately 1.7 percent of the shares outstanding
  during the quarter.
  
  
• Increased the interim quarterly dividend by 11 percent
  to 78 cents per share

LyondellBasell Industries (NYSE: LYB)

today announced earnings from continuing operations

for the second quarter 2015 of $1.33  billion,

or $2.81 diluted earnings per share. 

Second quarter 2015 EBITDA was approximately $2.19 billion.

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