We had the pleasure of hosting an investor call with Dow’s Andrew Riker, Tiago Tenuto, and Scott Snyder.
The company has been contending with a challenging macro environment for some time. They’re tackling it head on, taking proactive measures – and plan to come out of it better and stronger than ever.
Proactive Measures:
- $1B in annual cost reductions
- Right-sizing labor
- Strategic review of assets (Europe)
- Recalibrating CapEx
Building Cash Position: Sale of minority stake in select U.S. Golf Coast infrastructure assets to Macquarie Asset Management for up to $3B
It’s also worth noting that Dow received industry-leading awards in 2024, including 12 Edison Awards for Innovation, and Fortune named Dow as one of the top 25 of The World’s Best Workplaces – congratulations!
“Thank You” to the Dow team for your time today, and “thank you” to all of the investors that joined us. Lots of great questions from the group. As a veteran owned business, we greatly appreciate your support!
