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  "documentTitle": "Huntsman Corporation (HUN)",
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  "presentationDate": "2022-02-28 00:00:00",
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  "notes": "Uses a waterfall-style comparison to show the gap between the 2020 target and actual 2020 performance.",
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      "text": "Adjusted EBITDA ended up DECLINING at an ~11% CAGR between 2017 and 2020, resulting in a figure that was 50% BELOW the Company's initial 2018 Investor Day target.",
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      "text": "The Company's Adjusted EBITDA not only failed to grow at the 2018 Investor Day target of a 10% CAGR, but had declined meaningfully prior to the pandemic, and ultimately ended up ~50% below the Company's target.",
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      "text": "Source: CapitalIQ, Public company filings and presentations...",
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      "text": "Adjusted EBITDA declined meaningfully between the Company's 2018 Investor Day and 2020.",
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      "kind": "title",
      "text": "Unfortunately, the Company Failed to Grow Adjusted EBITDA",
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