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earnings
Format: PDF earnings
Dow reported second quarter 2023 net sales of $11.4 billion, reflecting lower demand and pricing pressure from macroeconomic slowdown and reduced energy costs. The company generated operating EBIT of $1.5 billion and maintained strong cash flow conversion at 98%, while returning $743 million to shareholders through dividends and share repurchases. Sequential improvement in operating EBIT of $177 million demonstrates operational resilience despite challenging market conditions.
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