Cabot Corporation announced its financial results for the second quarter of fiscal year 2025. The company reported net income attributable to Cabot Corporation of $94 million, translating to diluted earnings per share $(EPS)$ of $1.69. Adjusted EPS for the quarter was $1.90, marking a 7% increase compared to the same quarter in the previous year. Net sales for the quarter amounted to $936 million, a decrease from $1.019 billion in the same period the previous year. Despite the decline in net sales, the company's Performance Chemicals segment saw a significant increase in earnings before interest and taxes $(EBIT)$, which rose by 61% year over year, reaching $50 million. This growth was driven by higher volumes, particularly in the fumed metal oxides product line related to construction and semiconductor applications. The Reinforcement Materials segment recorded EBIT of $131 million, which was down 12% compared to the previous year due to a weaker global demand environment. However, this figure was up 1% sequentially. Additionally, Cabot Corporation returned $70 million of cash to shareholders through dividends and share repurchases and increased its quarterly dividend by 5% from $0.43 to $0.45 per share.
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