Ashland Publishes Q4 and Full-Year Fiscal 2026 Earnings Call Transcript

By Public Technologies
  • Ashland held its fourth-quarter fiscal 2026 earnings call November 4, attended by CEO Guillermo Novo, CFO William Whitaker and business leaders.
  • Quarterly adjusted EBITDA rose 2% to $121 million, with Specialty Additives’ weaker manufacturing performance offsetting growth elsewhere.
  • Management forecast fiscal 2027 adjusted EBITDA of $405 million to $435 million, with ongoing free cash flow conversion exceeding 40%.
  • Capital spending could reach $140 million, versus $90 million previously, as HEC capacity projects move forward.
  • Hopewell’s weak output will create a $5 million first-quarter carryover impact; management expects subsequent improvements to more than offset it.


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