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Albemarle Reports First Quarter 2026 Results

$ALBPress releaseMay 6, 2026, 4:15 PM ETRead the release

Albemarle delivered strong Q1 results with net sales rising 33% year-over-year to $1.4 billion and adjusted EBITDA surging 148% to $664 million, driven by higher pricing and volumes in Energy Storage and Specialties. The company improved its 2026 outlook for the Specialties segment, citing higher bromine pricing, while maintaining full-year capital expenditure guidance of $550 million to $600 million.

Key figures

Eps
2.34
Guidance
2026 Specialties net sales $1.3-$1.5B; Specialties Adj EBITDA $225-$275M; Interest expense $120-$140M; CapEx $550-$600M
Revenue Yoy
33%
Fcf
247568000
Net income
319100000
Debt reduction
1300000000
Adjusted ebitda
663800000
Divestiture proceeds
648000000

AI analysis

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