EASTMAN CHEMICAL CO
For the period ended Mar 31, 2024. Filed Apr 26, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed Apr 26, 2024
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Sales by Customer Location
| Sales Revenue | ||||
|---|---|---|---|---|
| First Quarter | ||||
| Change | ||||
| (Dollars in millions) | 2024 | 2023 | $ | % |
| United States and Canada | $969 | $1,065 | $(96) | (9)% |
| Europe, Middle East, and Africa | 659 | 709 | (50) | (7)% |
| Asia Pacific | 564 | 521 | 43 | 8% |
| Latin America | 118 | 117 | 1 | 1% |
| Total Eastman | $2,310 | $2,412 | $(102) | (4)% |
Sales revenue decreased 4 percent in first quarter 2024 compared to first quarter 2023 primarily due to lower selling prices (down 7 percent), partially offset by higher sales volume (up 3 percent). Lower selling prices were particularly in the Europe, Middle East, and Africa region. Higher sales volume was particularly in the Asia Pacific region, partially offset by lower sales volume in the United States and Canada region.
Further discussion by operating segment is presented in "Summary by Operating Segment" in this MD&A.
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