LSB Industries, Inc. Reports Operating Results for the 2023 Fourth Quarter and Provides Product Sales Volume Outlook for 2024
LSB Industries, Inc. (NYSE: LXU) (“LSB” or the “Company”) today announced results for the fourth quarter ended December 31, 2023.
- LSB Industries, Inc. (NYSE: LXU) (“LSB” or the “Company”) today announced results for the fourth quarter ended December 31, 2023.
- Total cash and short-term investments of approximately $306 million as of December 31, 2023
This is a Non-GAAP measure. - “Our fourth quarter results were consistent with our expectations," stated Mark Behrman, LSB Industries’ President and CEO.
- Our fourth quarter results benefited from increased production and sales volumes of downstream products reflecting improved manufacturing operations.”
"Our continued focus on safety resulted in a TRIR of 0.33 for the year representing 'world class' performance.