Dow Chemical reported its 10th consecutive quarter of profit growth, showing the company is built to overcome roiling markets, Chairman and CEO Andrew Liveris said Thursday.
"We've strung together a portfolio now that can handle volatility," he told CNBC's "Squawk Box." "Having 10 straight quarters of earnings growth—that really speaks to the portfolio, both geographic diversification and market diversification."
He spoke after Dow reported a better-than-expected quarterly profit, helped by higher margins in five of its six units.
The company's shares moved higher in premarket trading. (See what the stock is doing now.)
Operating EBITDA margins rose 3 percent to their highest level since 2005, as Dow's shift in focus to high-margin businesses from volatile commodity businesses paid off.
However, a strong dollar and weak oil prices weighed on sales, which fell nearly 15 percent to $12.37 billion, missing analyst estimates of $13.04 billion.