LyondellBasell said revenues for Q1 2025 decreased $131 million or 2% compared to Q4 2024, and operating income increased $711 million or 119%. The prior quarter included $944 million of impairments.

10-QQuarterly reportFiled Apr 25, 2025Period of report Mar 31, 2025Summary published (UTC) Oct 10, 2026

Key points

AI summary

LyondellBasell said revenues for Q1 2025 decreased $131 million or 2% compared to Q4 2024, and operating income increased $711 million or 119%. The prior quarter included $944 million of impairments.
The company announced plans in March 2025 to permanently close the POSM production unit at the Maasvlakte site in the Netherlands and recognized $117 million of shutdown costs, it said. EBITDA in the Intermediates and Derivatives segment decreased $147 million or 61% compared to the prior quarter.
LyondellBasell said it used $579 million of cash from operating activities in Q1 2025, invested $483 million in capital expenditures, and returned $433 million to shareholders through dividend payments and $110 million in share repurchases. The company cited an increase in working capital as the main driver of cash used in operating activities.
The company announced a Cash Improvement Plan in April 2025 targeting $500 million in annualized run-rate savings, it said. As of March 31, 2025, cash and cash equivalents totaled $1,867 million and total debt was $11,220 million.

Key figures

Quarter ended March 31, 2025

Revenue: $7.7B
Operating income: $114M
Net income: $177M
EPS: $0.54
Operating cash flow: −$579M

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Q1 2025 revenues and operating income changes

LyondellBasell said revenues for Q1 2025 decreased $131 million or 2% compared to Q4 2024, and operating income increased $711 million or 119%. The prior quarter included $944 million of impairments.

Source · Based on the MD&A text of the filing

POSM facility permanent closure and I&D segment results

The company announced plans in March 2025 to permanently close the POSM production unit at the Maasvlakte site in the Netherlands and recognized $117 million of shutdown costs, it said. EBITDA in the Intermediates and Derivatives segment decreased $147 million or 61% compared to the prior quarter.

Source · Based on the MD&A text of the filing

Q1 2025 operating cash flow and shareholder returns

LyondellBasell said it used $579 million of cash from operating activities in Q1 2025, invested $483 million in capital expenditures, and returned $433 million to shareholders through dividend payments and $110 million in share repurchases. The company cited an increase in working capital as the main driver of cash used in operating activities.

Source · Based on the MD&A text of the filing

Cash Improvement Plan and liquidity as of March 31, 2025

The company announced a Cash Improvement Plan in April 2025 targeting $500 million in annualized run-rate savings, it said. As of March 31, 2025, cash and cash equivalents totaled $1,867 million and total debt was $11,220 million.

Source · Based on the MD&A text of the filing

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

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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