LyondellBasell (LYB) Losses Deepen 24.8% Annually, Challenging Recovery Narrative Despite Profit Turnaround Forecast

LyondellBasell Industries (LYB) reported widening losses, with annual losses increasing by 24.8% per year over the past five years. Available forecasts expect revenue to decline 7.1% each year for the next three years, even as analysts see…