financetom
Business
financetom
/
Business
/
Celanese Corporation (CE) Drops 13% Amid Another Inventory Destocking Disclosure – Hagens Berman
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Celanese Corporation (CE) Drops 13% Amid Another Inventory Destocking Disclosure – Hagens Berman
Sep 10, 2025 9:40 AM

SAN FRANCISCO, Sept. 10, 2025 (GLOBE NEWSWIRE) -- On August 12, 2025, investors in Celanese Corporation ( CE ) saw the price of their shares fall $6.20 (-13%) after the company reported its Q2 2025 financial results and revealed ongoing inventory destocking issues.

The company’s earnings disclosures have prompted national shareholders rights firm Hagens Berman to open an investigation into whether Celanese may have misled investors about its sales practices and growth prospects.

The firm urges investors in Celanese who suffered significant losses to submit your losses now. The firm also encourages persons with knowledge who may be able to assist in the investigation to contact its attorneys.

Visit: www.hbsslaw.com/investor-fraud/ce

Contact the Firm Now: [email protected] | 844-916-0895

Celanese Corporation ( CE ) Investigation:

Hagens Berman’s investigation is focused on the propriety of Celanese’s disclosures to investors concerning its sales practices, inventory reporting, and growth trajectory, particularly at the Engineered Materials segment.

Investors began to scrutinize Celanese beginning on November 4, 2024, when the company reported dismal Q3 2024 financial results that included a whopping 54% decline in net cash provided by operations for the nine months ended September 30, 2024 compared to the same 2023 period, blaming the results in part on “inventory increases,” and “the timing of collections of trade receivables[.]” The company also identified customer inventory destocking as a significant problem, but assured investors that “we expect this destocking to be temporary and contained to the quarter[.]” This news drove the price of Celanese shares crashing 26% lower the next day.

Then, on February 18, 2025, Celanese reported disappointing Q4 and FY 2024 financial results, pinning the blame, in part, on “severe destocking.” Not surprisingly, the price of Celanese shares collapsed the next day.

Subsequently, on May 5, 2025, Celanese issued another frustrating quarterly release, Q1 2025 earnings, blaming “significant automotive destocking in the Western Hemisphere that began in the second half of 2024 continued through the first two months of the quarter[.]”

Finally, on August 11, 2025, Celanese reported yet another challenging quarterly report. The company said, with respect to Engineered Materials, that due to easing of destocking in Europe volumes were still below normal levels. This news drove the price of Celanese shares sharply lower again.

“We’re investigating whether Celanese may have misled investors about possibly overloading its customers with excess inventory,” said Reed Kathrein, the Hagens Berman partner leading the investigation.

If you invested in Celanese and have substantial losses, or have knowledge that may assist the firm’s investigation, submit your losses now.

If you’d like more information and answers to frequently asked questions about the Celanese investigation, read more.

Whistleblowers: Persons with non-public information regarding Celanese should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].

About Hagens Berman

Hagens Berman is a global plaintiffs’ rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman’s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.

Contact:

Reed Kathrein, 844-916-0895

Image: https://www.globenewswire.com/newsroom/ti?nf=OTUyNjg3OCM3MTQwNzQ1IzIwMTg1MzI=

Image: https://ml.globenewswire.com/media/NDY4N2U4NmMtZDNlZi00MTcyLTllNDctOTg2ZjQ2MmJmMWI5LTEwMzAxMDUtMjAyNS0wOS0xMC1lbg==/tiny/Hagens-Berman-Sobol-Shapiro-LL.png Image: Primary Logo

Source: Hagens Berman Sobol Shapiro LLP

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
AbbVie Lowers Q4 and Full-Year Earnings Outlook on $1.6 Billion Acquired IPR&D and Milestones Expense
AbbVie Lowers Q4 and Full-Year Earnings Outlook on $1.6 Billion Acquired IPR&D and Milestones Expense
Jan 7, 2025
06:46 AM EST, 01/07/2025 (MT Newswires) -- AbbVie ( ABBV ) said in a regulatory filing late Monday that its Q4 earnings are expected to include acquired In-Process Research & Development and milestone expense of $1.57 billion on a pre-tax basis. AbbVie ( ABBV ) said it now expects Q4 adjusted earnings of $2.06 to $2.10 per diluted share versus...
Stellantis, Toyota, Ford, Mazda, Subaru plan to pool CO2 emissions with Tesla
Stellantis, Toyota, Ford, Mazda, Subaru plan to pool CO2 emissions with Tesla
Jan 7, 2025
MILAN, Jan 7 (Reuters) - Stellantis ( STLA ), Toyota ( TM ) , Ford, Mazda ( MZDAF ) and Subaru are planning to pool carbon emissions with U.S. EV maker Tesla to comply with European Union 2025 rules, an EU filing showed on Tuesday. If not met, EU 2025 intermediate carbon reduction targets, tor so-called CAFE standards, could cost...
BWX Technologies to Acquire Kinectrics for $525 Million
BWX Technologies to Acquire Kinectrics for $525 Million
Jan 7, 2025
06:52 AM EST, 01/07/2025 (MT Newswires) -- BWX Technologies ( BWXT ) said Tuesday that it has agreed to acquire Kinectrics, a provider of lifecycle management services, for $525 million. BWX said the acquisition is highly complementary to its commercial operations segment and will nearly double the segment's workforce once closed. The acquisition is targeted to be completed in the...
Southwest Airlines enters sale-leaseback deal for 36 jets
Southwest Airlines enters sale-leaseback deal for 36 jets
Jan 7, 2025
(Reuters) -Southwest Airlines said on Tuesday it had entered into a deal to sell and leaseback 36 of its Boeing 737-800 aircraft from Babcock & Brown Aircraft Management. The airline completed the sale and leaseback of 35 aircraft in late December and received proceeds of $871 million from them. The lease terms for the jets will range from 26 to...
Copyright 2023-2026 - www.financetom.com All Rights Reserved