EASTMAN CHEMICAL CO
For the period ended Jun 30, 2025. Filed Aug 1, 2025.
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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.
Jun 30, 2025 · Filed Aug 1, 2025
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Sales by Customer Location
Table of Contents
SALES BY CUSTOMER LOCATION
| Sales Revenue | ||||||||
|---|---|---|---|---|---|---|---|---|
| Second Quarter · First Six Months | ||||||||
| Change | Change | |||||||
| (Dollars in millions) | 2025 | 2024 | $ | % | 2025 | 2024 | $ | % |
| United States and Canada | $963 | $994 | $(31) | (3)% | $1,983 | $1,963 | $20 | 1% |
| Europe, Middle East, and Africa | 610 | 650 | (40) | (6)% | 1,220 | 1,309 | (89) | (7)% |
| Asia Pacific | 583 | 590 | (7) | (1)% | 1,122 | 1,154 | (32) | (3)% |
| Latin America | 131 | 129 | 2 | 2% | 252 | 247 | 5 | 2% |
| Total Eastman | $2,287 | $2,363 | $(76) | (3)% | $4,577 | $4,673 | $(96) | (2)% |
Sales revenue decreased 3 percent in second quarter 2025 compared to second quarter 2024. Lower sales revenue was primarily due to lower sales volume and unfavorable product mix in the Europe, Middle East, and Africa and United States and Canada regions, partially offset by higher sales volume and favorable product mix in the Asia Pacific and Latin America regions. Lower selling prices in the Asia Pacific region were partially offset by slightly higher selling prices in the United States and Canada region.
Sales revenue decreased 2 percent in first six months 2025 compared to first six months 2024. Lower sales revenue was primarily due to lower sales volume and unfavorable product mix in the Europe, Middle East, and Africa and United States and Canada regions, partially offset by higher sales volume and favorable product mix in the Latin America and Asia Pacific regions.
Further discussion by operating segment is presented in "Summary by Operating Segment" in this MD&A.
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