EASTMAN CHEMICAL CO
For the period ended Sep 30, 2024. Filed Nov 1, 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.
Sep 30, 2024 · Filed Nov 1, 2024
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Sales by Customer Location
| Sales Revenue | ||||||||
|---|---|---|---|---|---|---|---|---|
| Third Quarter · First Nine Months | ||||||||
| Change | Change | |||||||
| (Dollars in millions) | 2024 | 2023 | $ | % | 2024 | 2023 | $ | % |
| United States and Canada | $1,032 | $966 | $66 | 7% | $2,995 | $3,031 | $(36) | (1)% |
| Europe, Middle East, and Africa | 640 | 602 | 38 | 6% | 1,949 | 1,946 | 3 | —% |
| Asia Pacific | 653 | 576 | 77 | 13% | 1,807 | 1,654 | 153 | 9% |
| Latin America | 139 | 123 | 16 | 13% | 386 | 372 | 14 | 4% |
| Total Eastman | $2,464 | $2,267 | $197 | 9% | $7,137 | $7,003 | $134 | 2% |
Sales revenue increased 9 percent in third quarter 2024 compared to third quarter 2023 primarily due to 8 percent higher sales volume across all regions, partially offset by lower selling prices in the Asia Pacific and Europe, Middle East, and Africa regions. Sales revenue increased 2 percent in first nine months 2024 compared to first nine months 2023 primarily due to 6 percent higher sales volume across all regions, partially offset by 4 percent lower selling prices across all regions.
Further discussion by operating segment is presented in "Summary by Operating Segment" in this MD&A.
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