The company said net sales for Q1 2025 were $1.1 billion, down 21% from $1.4 billion a year earlier. It cited lower pricing in Energy Storage as the main factor. Specialties volumes rose 11%.

1. 01

   The company said net sales for Q1 2025 were $1.1 billion, down 21% from $1.4 billion a year earlier. It cited lower pricing in Energy Storage as the main factor. Specialties volumes rose 11%.

2. 02

   Albemarle said net income attributable to Albemarle for Q1 was $41 million, up $39 million from a year earlier, and adjusted EBITDA was $267 million, down $24 million. Diluted loss per share attributable to common shareholders was ($0.00).

3. 03

   The company said net sales for Q1 were $525 million in Energy Storage (down 35%), $321 million in Specialties (up 2%) and $231 million in Ketjen (down 5%). Adjusted EBITDA was $186 million in Energy Storage, $59 million in Specialties and $39 million in Ketjen.

4. 04

   Albemarle said operating cash flow for Q1 was $545 million, up $447 million from a year earlier, and included a $350 million customer prepayment received in January. It said operating cash flow conversion, excluding the prepayment, was 73%, and capital expenditures were $183 million.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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