Apurva Kilambi's questions to Albemarle Corp (ALB) leadership • Q4 2024
Question
Apurva Kilambi from Scotiabank, on for Ben Isaacson, questioned the risks to achieving free cash flow breakeven in 2025 and asked if the company foresees any need for a capital raise.
Answer
CEO Jerry Masters responded that achieving free cash flow breakeven depends on successful execution of their aggressive cost-cutting and operational plans. He emphasized that these actions are specifically designed to avoid the need for an equity raise, and the company has no plans to do so.