TSE - Earnings announcements

Third Quarter 2025 Highlights Net loss of $110 million and EPS of negative $3.05   Adjusted EBITDA* of $30 million included $9 million of unfavorable net timing and negative equity income from Americas Styrenics due to an unplanned outage, partially offset by savings from restructuring initiatives   Cash used in operations of $22 million and capital expenditures of $16 million resulted in Free Cash Flow* of negative $38 million, a $35 million decrease versus prior year   Third quarter ending cash of $114 million (of which $2 million was restricted) and total liquidity of $346 million   Announced decision to cease virgin MMA production at our facilities in Italy and rep

Trinseo (NYSE:TSE), a specialty material solutions provider, today announced that it will host a conference call to discuss its third quarter 2025 financial results on Friday, November 7 at 10:30 a.m. Eastern Time. Commenting on results will be Frank Bozich, President and Chief Executive Officer, David Stasse, Executive Vice President and Chief Financial Officer, and Bee van Kessel, Senior Vice President, Corporate Finance & Investor Relations. The conference call will include introductory comments followed by a question and answer (Q&A) session. For those interested in asking questions during the Q&A session, please register using the following link: Conference Call Registration

Second Quarter 2025 Highlights Net loss of $106 million and EPS of negative $2.95 Adjusted EBITDA* of $42 million, inclusive of $10 million of unfavorable net timing, was $25 million below prior year driven by lower volumes and lower equity income from Americas Styrenics; partially offset by cost saving actions Cash provided by operations of $7 million and capital expenditures of $10 million resulted in Free Cash Flow* of negative $3 million, a $53 million improvement versus prior year, despite lower earnings Second quarter ending cash of $139 million (of which $2 million was restricted) and total liquidity of $399 million Trinseo (NYSE:TSE):     Three Months

Trinseo (NYSE:TSE), a specialty material solutions provider, today announced that it will host a conference call to discuss its second quarter 2025 financial results on Thursday, August 7 at 10 a.m. Eastern Time. Commenting on results will be Frank Bozich, President and Chief Executive Officer, David Stasse, Executive Vice President and Chief Financial Officer, and Bee van Kessel, Senior Vice President, Corporate Finance & Investor Relations. The conference call will include introductory comments followed by a question and answer (Q&A) session. For those interested in asking questions during the Q&A, please register using the following link: Conference Call Registration For those in

First Quarter 2025 Highlights Net loss of $79 million and EPS of negative $2.22 included $25 million of refinancing costs for the debt transactions that closed in January 2025 Adjusted EBITDA* of $65 million was $20 million above prior year driven by $26 million of polycarbonate technology licensing income as well as savings from the previously announced restructuring actions; partially offset by lower equity income from Americas Styrenics and lower volumes Cash used in operations of $110 million and capital expenditures of $9 million resulted in Free Cash Flow* of negative $119 million, which included a seasonal working capital build and $25 million of refinancing-related costs Fir

Trinseo (NYSE:TSE), a specialty material solutions provider, today announced that it will host a conference call to discuss its first quarter 2025 financial results on Thursday, May 8 at 10 a.m. Eastern Time. Commenting on results will be Frank Bozich, President and Chief Executive Officer, David Stasse, Executive Vice President and Chief Financial Officer, and Bee van Kessel, Senior Vice President, Corporate Finance & Investor Relations. The conference call will include introductory comments followed by a question and answer (Q&A) session. For those interested in asking questions during the Q&A, please register using the following link: Conference Call Registration For those interested

Fourth Quarter 2024 Highlights Cash provided by operations of $85 million and capital expenditures of $21 million resulted in Free Cash Flow* of $64 million, a sequential and year-over-year improvement of $67 million Net loss of $118 million included pre-tax restructuring and other charges of $28 million primarily related to the decommissioning of the Stade, Germany polycarbonate plant, and EPS of negative $3.33 Adjusted EBITDA* of $26 million included a $9 million unfavorable impact from net timing and an additional $15 million unfavorable net timing impact at Americas Styrenics Fourth quarter ending cash of $212 million (of which $2 million was restricted) and total liquidity

Trinseo (NYSE:TSE), a specialty material solutions provider, today announced that it will host a conference call to discuss its fourth quarter and full year 2024 financial results on Thursday, February 13 at 10 a.m. Eastern Time. Commenting on results will be Frank Bozich, President and Chief Executive Officer, David Stasse, Executive Vice President and Chief Financial Officer, and Bee van Kessel, Senior Vice President, Corporate Finance & Investor Relations. The conference call will include introductory comments followed by a question and answer (Q&A) session. For those interested in asking questions during the Q&A, please register using the following link: Conference Call Registrati

Third Quarter 2024 and Other Highlights Net loss of $87 million, including pre-tax restructuring and other charges of $26 million related to recently announced restructuring initiatives, and EPS of negative $2.47 Adjusted EBITDA* of $66 million was $25 million higher than prior year Cash provided by operations of $9 million and capital expenditures of $12 million resulted in Free Cash Flow* of negative $3 million, a sequential improvement of $53 million. Third quarter Free Cash Flow* included a $16 million decrease in trade working capital Third quarter ending cash of $167 million, of which $2 million was restricted, with approximately $177 million of additional available liquidity

Trinseo (NYSE:TSE), a specialty material solutions provider, today announced that it will host a conference call to discuss its third quarter 2024 financial results on Thursday, November 7 at 10 a.m. Eastern Time. Commenting on results will be Frank Bozich, President and Chief Executive Officer, David Stasse, Executive Vice President and Chief Financial Officer, and Bee van Kessel, Senior Vice President of Corporate Development, Investor Relations and Treasury. The conference call will include introductory comments followed by a question and answer (Q&A) session. For those interested in asking questions during the Q&A, please register using the following link: Conference Call Registratio

Second Quarter 2024 and Other Highlights Net loss of $68 million and EPS of negative $1.92 Adjusted EBITDA* of $67 million, including a $10 million unfavorable impact from net timing; Adjusted Net Loss* of $52 million, reflecting year-over-year and sequential profitability improvement Cash used in operations of $42 million and capital expenditures of $14 million resulted in Free Cash Flow* of negative $56 million. Second quarter Free Cash Flow* included a $12 million increase in working capital Second quarter ending cash of $108 million, of which $2 million is restricted, with approximately $244 million of additional available liquidity under two committed financing facilities w

Trinseo (NYSE:TSE), a specialty material solutions provider, today announced that it will host a conference call to discuss its second quarter 2024 financial results on Wednesday, August 7 at 10 a.m. Eastern Time. Commenting on results will be Frank Bozich, President and Chief Executive Officer, David Stasse, Executive Vice President and Chief Financial Officer, and Andy Myers, Vice President of Investor Relations. The conference call will include introductory comments followed by a question and answer (Q&A) session. For those interested in asking questions during the Q&A, please register using the following link: Conference Call Registration For those interested in listening only,

First Quarter 2024 and Other Highlights Net loss of $76 million and EPS of negative $2.14 Adjusted EBITDA* of $45 million, including a $13 million favorable impact from net timing; Adjusted Net Loss* of $69 million Cash used in operations of $66 million and capital expenditures of $16 million resulted in Free Cash Flow* of negative $82 million. First quarter Free Cash Flow* included a $61 million increase in trade working capital driven by seasonal factors and a more than 50% increase in styrene monomer prices First quarter ending cash of $171 million, of which $5 million was restricted, with approximately $252 million of additional available liquidity under two undrawn, committ

Trinseo (NYSE:TSE), a specialty material solutions provider, today announced that it will host a conference call to discuss its first quarter 2024 financial results on Thursday, May 9 at 10 a.m. Eastern Time. Commenting on results will be Frank Bozich, President and Chief Executive Officer, David Stasse, Executive Vice President and Chief Financial Officer, and Andy Myers, Director of Investor Relations. The conference call will include introductory comments followed by a question and answer (Q&A) session. For those interested in asking questions during the Q&A, please register using the following link: Conference Call Registration For those interested in listening only, please regi

Full-Year 2023 Summary Cash from operations of $149 million and capital expenditures of $70 million resulted in Free Cash Flow* of $79 million and a $47 million year-over-year increase to $259 million cash at year end; approximately $212 million of additional liquidity is available under two, undrawn committed financing facilities Net loss from continuing operations of $701 million included a pre-tax, non-cash goodwill impairment charge of $349 million related to the Engineered Materials reporting unit, $56 million related to various restructuring initiatives and non-cash, after-tax charges of approximately $160 million related to increases in valuation allowances on deferred tax asse

Trinseo (NYSE:TSE), a specialty material solutions provider, today announced that it will host a conference call to discuss its fourth quarter and full year 2023 financial results on Tuesday, February 13 at 10 a.m. Eastern Time. Commenting on results will be Frank Bozich, President and Chief Executive Officer, David Stasse, Executive Vice President and Chief Financial Officer, and Andy Myers, Director of Investor Relations. The conference call will include introductory comments followed by a question and answer (Q&A) session. For those interested in asking questions during the Q&A, please register using the following link: Conference Call Registration For those interested in listeni

Trinseo (NYSE:TSE), a specialty material solutions provider, today announced that it will host a conference call to discuss its third quarter 2023 financial results on Monday, November 6 at 10 a.m. Eastern Time. Commenting on results will be Frank Bozich, President and Chief Executive Officer, David Stasse, Executive Vice President and Chief Financial Officer, and Andy Myers, Director of Investor Relations. The conference call will include introductory comments followed by a question and answer (Q&A) session. For those interested in asking questions during the Q&A session, please register using the following link: Conference Call Registration For those interested in listening only

Second Quarter 2023 Net loss from continuing operations of $349 million and diluted EPS from continuing operations of negative $9.93 Net loss includes a pre-tax, non-cash goodwill impairment charge of $349 million related to the Engineered Materials reporting unit Adjusted EBITDA* of $57 million, including unfavorable impacts of $16 million from net timing, $12 million from natural gas hedges and $4 million from fixed cost under absorption due to inventory reduction initiatives; Adjusted Net Loss* of $68 million Cash provided by operations of $57 million and capital expenditures of $14 million resulted in Free Cash Flow* of $43 million including a $52 million decrease in working

Trinseo (NYSE:TSE), a specialty material solutions provider, today announced that it will host a conference call to discuss its first quarter 2023 financial results on Friday, August 4 at 10 a.m. Eastern Time. Commenting on results will be Frank Bozich, President and Chief Executive Officer, David Stasse, Executive Vice President and Chief Financial Officer, and Andy Myers, Director of Investor Relations. The conference call will include introductory comments followed by a question and answer (Q&A) session. For those interested in asking questions during the Q&A session, please register using the following link: Conference Call Registration For those interested in listening only,

First Quarter 2023 and Other Highlights Net loss from continuing operations of $49 million and diluted EPS from continuing operations of negative $1.40 Adjusted EBITDA* of $36 million, including a $19 million unfavorable impact from natural gas hedges and a $10 million impact from fixed cost under absorption due to inventory reduction initiatives; Adjusted Net Loss* of $35 million Cash provided by operations of $45 million and capital expenditures of $22 million resulted in Free Cash Flow* of $24 million including a $52 million decrease in working capital First quarter ending cash of $217 million with approximately $251 million of additional available liquidity under two undrawn

Trinseo (NYSE:TSE), a specialty material solutions provider, today announced that it will host a conference call to discuss its first quarter 2023 financial results on Friday, May 5 at 10 a.m. Eastern Time. Commenting on results will be Frank Bozich, President and Chief Executive Officer, David Stasse, Executive Vice President and Chief Financial Officer, and Andy Myers, Director of Investor Relations. The conference call will include introductory comments followed by a question and answer (Q&A) session. For those interested in asking questions during the Q&A session, please register using the following link: Conference Call Registration For those interested in listening only, ple

Full-Year 2022 Summary Net loss from continuing operations of $428 million and diluted EPS from continuing operations of negative $11.91 Adjusted EBITDA* of $312 million, including a $21 million favorable impact from net timing, and Adjusted EPS* of negative $0.48 Cash from operations of $44 million and capital expenditures of $149 million resulted in Free Cash Flow* of negative $105 million Sales volume and variable margin of products containing recycled materials increased 63% and 69% respectively versus prior year; in 2022 these products represented 1% and 3% of total company sales volume and variable margin, respectively Fourth Quarter 2022 Highlights Net loss from continuin

Fourth Quarter 2022 Expected Results Net loss from continuing operations of $367 million to $362 million and Adjusted EBITDA* of $4 million to $9 million Net loss includes a pre-tax, non-cash goodwill impairment charge of $297 million related to the PMMA business and Aristech Surfaces reporting units Cash from operations of $32 million to $37 million and capital expenditures of approximately $54 million resulting in Free Cash Flow* of negative $22 million to $17 million; results included a $34 million payment for settlement of the European Commission's 2018 investigation of the Company's styrene purchasing practices in Europe Full-Year 2022 Expected Results Net loss from continuin

Third Quarter 2022 and Other Highlights Net loss from continuing operations of $118 million and diluted EPS from continuing operations of negative $3.35 Adjusted EBITDA* of negative $37 million, including a $24 million unfavorable impact from net timing, and Adjusted Net Loss* of $103 million Cash provided by operations of $98 million and capital expenditures of $39 million resulted in Free Cash Flow* of $59 million; included a working capital release of $166 million mainly from a steep decline in raw material prices and sequentially lower sales in the third quarter Third quarter ending cash of $243 million with over $500 million of additional available liquidity under two undrawn,

Trinseo (NYSE:TSE), a specialty material solutions provider, today released preliminary result estimates for third quarter of 2022. Net income from continuing operations is estimated to be between negative $123 million and negative $118 million and Adjusted EBITDA* is estimated to be between negative $42 million and negative $37 million. In addition, cash from operations is estimated to be between $95 million and $100 million with Free Cash Flow* estimated to be between $56 million and $61 million. Third quarter results were negatively impacted by several factors. Historically high natural gas prices resulted in negative styrene margins in Europe throughout the quarter. Customer demand, pa

Second Quarter 2022 and Other Highlights Net income from continuing operations of $37 million and diluted EPS from continuing operations of $1.00 Adjusted EBITDA* of $164 million, including a $33 million favorable impact from net timing, and Adjusted Net Income* of $66 million Cash used in operations of $83 million and capital expenditures of $32 million resulted in Free Cash Flow* of negative $115 million; included a working capital use of $181 million mainly from a steep rise in raw material and utility prices and sequentially higher sales in the second quarter Repurchased approximately 1 million shares for $50 million First half 2022 sales volume and variable margin of products

Trinseo (NYSE:TSE), a specialty material solutions provider, today announced that it will host a conference call to discuss its second quarter 2022 financial results on Tuesday, August 9 at 10 a.m. Eastern Time. Commenting on results will be Frank Bozich, President and Chief Executive Officer, and David Stasse, Executive Vice President and Chief Financial Officer. The conference call will include introductory comments followed by a question and answer (Q&A) session. For those interested in asking questions during the Q&A session, please register using the following link: Conference Call Registration For those interested in listening only, please register for the webcast using the foll

First Quarter 2022 and Other Highlights Net income from continuing operations of $17 million and diluted EPS from continuing operations of $0.45 Net income includes a pre-tax charge of $36 million related to the 2018 European Commission request for information regarding styrene monomer purchasing activity in the European Economic Area Adjusted EBITDA* of $178 million, including a $32 million favorable impact from net timing, and Adjusted Net Income* of $79 million Cash used in operations of $5 million and capital expenditures of $25 million resulted in Free Cash Flow* of negative $30 million; working capital use of $103 million mainly from a steep rise in raw material prices and seq

Trinseo (NYSE:TSE), a global materials solutions provider and manufacturer of plastics and latex binders, today announced that it will host a conference call to discuss its first quarter 2022 financial results on Thursday, May 5 at 10 a.m. Eastern Time. Commenting on results will be Frank Bozich, President and Chief Executive Officer, and David Stasse, Executive Vice President and Chief Financial Officer. The conference call will include introductory comments followed by a question and answer (Q&A) session. For those interested in asking questions during the Q&A session, please register using the following link: Conference Call Registration For those interested in listening only, plea

Full Year 2021 Summary Net income from continuing operations of $280 million and diluted EPS from continuing operations of $7.07 Adjusted EBITDA* of $729 million, including a $19 million favorable impact from net timing, and Adjusted EPS* of $9.65 Cash from operations of $453 million and capital expenditures of $124 million resulted in Free Cash Flow* of $329 million Fourth Quarter 2021 Summary Net income from continuing operations of $1 million and diluted EPS from continuing operations of $0.04 Adjusted EBITDA* of $133 million, including a $7 million favorable impact from net timing, and Adjusted EPS* of $0.83 Cash from operations of $214 million and capital expenditures of

Fourth Quarter 2021 Expected Results Net income from continuing operations of $1 million to $3 million and Adjusted EBITDA* of $129 million to $135 million Cash from operations of $212 million to $216 million and capital expenditures of $55 million resulting in Free Cash Flow* of $157 million to $161 million Repurchased approximately $48 million of its own shares as part of the $200 million share repurchase program that was authorized in December 2021 Full Year 2021 Expected Results Net income from continuing operations of $279 million to $281 million and Adjusted EBITDA* of $726 million to $732 million; these expectations are below the previously issued guidance ranges Cash fr

Third Quarter 2021 and Other Highlights Strong net income from continuing operations of $79 million and diluted EPS from continuing operations of $2.01 Adjusted EBITDA* of $173 million, including a $1 million unfavorable impact from net timing, and Adjusted EPS* of $2.01 Cash from operations of $208 million and capital expenditures of $36 million resulted in Free Cash Flow* of $173 million Increased most recent quarterly dividend to $0.32 per share from $0.08 per share Completed acquisition of Aristech Surfaces on September 1, which broadens Trinseo's PMMA product offerings in building & construction and wellness end markets Announces planned divestiture of its styrenics busines

Trinseo (NYSE:TSE), a global materials solutions provider and manufacturer of plastics and latex binders, today announced that it will host a conference call to discuss its third quarter 2021 financial results on Monday, November 8 at 10 a.m. Eastern Time. Commenting on results will be Frank Bozich, President and Chief Executive Officer, and David Stasse, Executive Vice President and Chief Financial Officer. The conference call will include introductory comments followed by a question and answer (Q&A) session. For those interested in asking questions during the Q&A session, please register using the following link: Conference Call Registration After registering for the conference call

Strengthens Trinseo's strong position in acrylic solutions and drives expansion into wellness, niche leisure and architectural end markets in key geographies, including Asia Purchase price of $445 million; implied purchase multiple of 7.0x enterprise value / 2021 estimated Adjusted EBITDA including $50 million tax benefit from basis step-up and $10 million annual run-rate cost synergies Transaction is expected to be growth, margin and cash flow accretive Trinseo (NYSE:TSE), a global materials company and manufacturer of plastics, latex binders and synthetic rubber, today announced its entry into an agreement with SK AA Holdings, LLC, an affiliate of Falcon Private Holdings, LLC ("Fal