RTTNews | Nov 9, 2021 07:37AM EST

07:37 Tuesday, November 9, 2021 (RTTNews.com) - Huntsman Corporation (HUN) said the company is well-positioned to achieve its next set of strategic objectives, which include growing an even more differentiated portfolio, improving EBITDA margin, generating free cash flow above 40%, maintaining an investment grade balance sheet and returning capital to shareholders.

For 2022, Huntsman projects adjusted EBITDA of approximately $1.4 billion and free cash flow conversion above 40%. Adjusted EBITDA margin is anticipated to be approximately 17%.

Post-2022, the company targets 18-20% adjusted EBITDA margin. The company noted that SG&A cost control is a key element in its drive to improve adjusted EBITDA margins.

Huntsman also announced a new $1 billion share repurchase authorization which it expects to complete within 3 years.

Read the original article on RTTNews ( https://www.rttnews.com/3240787/huntsman-targets-to-grow-ebitda-margin-free-cash-flow-conversion-quick-facts.aspx)

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