NewMarket Reports Q4 2024 Earnings with Increased Net Income and Operating Profit
NewMarket (NEU) reported Q4 2024 net income of $111 million, up from $80 million in Q4 2023, driven by lower operating costs and improved efficiency. Full-year 2024 net income rose to $462 million, with petroleum additives operating profit increasing to $592 million. The company noted challenges from ongoing inflation despite strong performance in its petroleum additives segment.
Tickers: $NEU
Topics: Earnings Call Financial Performance Net Income Operating Profit Petroleum Additives