Ashland Inc. reported its first quarter fiscal 2026 results, recording sales of USD 386 million, representing a decrease of five percent from the prior-year quarter. The company noted that the previously announced Avoca divestiture reduced overall sales by approximately USD 10 million, or two percent, compared to the prior-year quarter; excluding this divestiture, sales declined three percent. Ashland Inc. reported a loss from continuing operations of USD 14 million, or USD (0.30) per diluted share, for the quarter. The company posted a net loss of USD 12 million, or USD (0.26) per diluted share. Adjusted income from continuing operations excluding intangibles amortization expense was USD 12 million, or USD 0.26 per diluted share. Adjusted EBITDA for the quarter was USD 58 million, down five percent from the prior-year period, with the Avoca divestiture contributing to a USD 1 million, or two percent decline; excluding the divestiture, Adjusted EBITDA declined three percent. Ashland Inc. stated that certain significant transactions, including the Avoca divestiture, were excluded from adjusted results to provide a clearer view of underlying business performance and trends. The company also provided reconciliations for EBITDA, Adjusted EBITDA, Free Cash Flow, Adjusted Operating Income, and Adjusted Income from Continuing Operations in its release.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ashland Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9647316-en) on February 02, 2026, and is solely responsible for the information contained therein.