HomeFinancial ResultsDow targeting $1bn in cost savings

Dow targeting $1bn in cost savings

Dow is targeting cost savings of $1 billion in 2023 after posting a 17 per cent drop in net sales for the fourth quarter 2022 to $11.9bn, reflecting declines in all operating segments driven by slower GDP growth and customer destocking. Operating EBIT was down from $2.26bn in the fourth quarter 2021 to $601 million…

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