Cabot Corporation announced results for its first quarter of fiscal year 2025. For the first quarter of fiscal 2025, net income attributable to Cabot Corporation was $93 million. Cash Flows from Operations of $124 million in the first fiscal quarter supported the return of $66 million of cash to shareholders in the quarter.                                  

Sean Keohane, Cabot President and Chief Executive Officer commented: “We continued to execute against our Creating for Tomorrow strategy, delivering another quarter of strong results and in-line with our expectations. The Cabot team demonstrated operational excellence and agility in a challenging market environment, resulting in Adjusted EPS of $1.76, up 13% year-over-year. The Reinforcement Materials segment continued to demonstrate its resilience, delivering year over year and sequential EBIT growth. EBIT in the segment of $130 million was driven by volume growth in Asia Pacific and Europe, Middle East and Africa. Performance Chemicals segment EBIT grew 32% year over year largely due to improved volumes, which have reconnected to underlying demand drivers in key end markets.”

Keohane continued, “During the first quarter, we delivered strong operating cash flow of $124 million, and we used the cash flow for $77 million in capital expenditures and returned $66 million to our shareholders through dividends and share repurchases. Our balance sheet remained strong with approximately $1.3 billion of liquidity as of quarter end.”

Commenting on the outlook for the Company, Keohane said, “As we look ahead to the remainder of fiscal 2025, our outlook for Adjusted earnings per share for fiscal year 2025 remains in the range of $7.40 to $7.80. This outlook includes our anticipated business segment results and incorporates the outcome of negotiations for our calendar year 2025 tire customer agreements. It also includes foreign currency rates and market interest rate projections as of the end of January and does not incorporate any potential impacts from the tariffs recently announced.”