Ashland — Jul 28, 2026 release
Fiscal 2026 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001193125-26-321238
Showing in the filing
Ongoing Free Cash Flow Conversion
“greater than 50 percent of Adjusted EBITDA”
Period
FY2026
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 6
Adjusted EBITDA for FY2026
“$385 to $400 million”
Adjusted EPS outlook for FY2026
“low-to-mid-single digit growth from mid-to-high-single digit growth”
Sales for FY2026
“$1,835 to $1,870 million”
Adjusted Diluted Earnings Per Share Excludin… for FY2026
“low-to-mid single-digit growth”
Ongoing Free Cash Flow Conversion for FY2026
“greater than 50 percent of Adjusted EBITDA”
Capital expenditures for FY2026
“approximately $~90 million”
Exhibit 99.1 · the passage around this item
… earlier in the release
Updated guidance • Sales: $1,835 to $1,870 million (no change) • Adjusted EBITDA: $385 million to $400 million (no change) • Adjusted Diluted Earnings Per Share Excluding Intangibles Amortization: low-to-mid single-digit growth • Ongoing Free Cash Flow Conversion: greater than 50 percent of Adjusted EBITDA with capital expenditures of approximately $~90 million “As we look ahead, our full year expectations reflect the underlying strength of our portfolio and the momentum we are seeing across the business,” concluded Guillermo Novo, chair and chief executive officer, Ashland. “Our globalize and innovate strategies continue to exceed expectations, demand remains resilient in our core franchise, and our teams are executing well against our innovative Technology Platforms and other priorities that support long term value creation. We expect continued sequential improvement in the fourth quarter as operational performance steadily improves. Combined with strong cash generation and disciplined execution, these actions position Ashland to carry improving earnings momentum into fiscal 2027.“ Conference Call Webcast The company’s live webcast with securities analysts will include an executive summary and detailed remarks. The live webcast will take place at 9 a.m. ET on Wednesday, July 29, 2026. Simultaneously, the company will post a slide presentation in the Investor Relations section of its website at http://investor.ashland.com . To access the call by phone, please go to this registr
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.