Ashland provides update on fiscal 2023 fourth-quarter and full-year earnings1 and announces upcoming portfolio-optimization actions; sets date for fiscal 2023 fourth-quarter earnings release

Wilmington, del., nov. 01, 2023 (globe newswire) -- ashland inc. (nyse: ash) today provided an update for preliminary fiscal 2023 fourth-quarter results, full-year sales and adjusted ebitda.1 ashland's financial results during the quarter reflect market-demand dynamics and underlying business performance that were generally consistent with previously communicated expectations. earnings for the quarter were most directly impacted by additional inventory-reduction actions taken to better position the company for more conservative demand scenarios.
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