Trinseo PLC

Trinseo Plc engages in the manufacture and sale of plastics and latex binders. It operates through the following segments: Engineered Materials, Latex Binders, Base Plastics, Polystyrene, Feedstocks, and Americas Styrenics. The Engineered Materials segment produces rigid thermoplastic compounds and blends products, soft thermoplastic products, and cast and sheet products. The Latex Binders segment creates styrene-butadiene latex. The Base Plastics segment manufactures a variety of compounds and blends, the majority of which are for automotive applications. The Polystyrene segment offers a variety of general-purpose polystyrenes and high impact polystyrenes. The Feedstocks segment deals with the production of styrene monomers in order to provide secure sourcing of this key raw material to the company’s other segments. The Americas Styrenics segment is composed of the operations of the company's owned joint venture with Chevron Phillips Chemical Company. The company was founded on October 8, 2021 and is headquartered in Wayne, PA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Trinseo PLC addresses challenges, focuses on sustainability amidst market headwinds

Trinseo PLC navigated challenges in Q4 2022, focusing on sustainability goals, integration of acquisitions, and strategic initiatives amidst macroeconomic headwinds. Despite facing subdued demand and market weakness, the company showcased resilience and commitment to ESG initiatives. Trinseo's proactive approach to enhancing its strategic position and addressing challenges positions it for future growth and opportunities.

Trinseo PLC faces sales decline but shows resilience in Q1

Trinseo PLC navigated challenges in Q1 with resilience in specialty resins and effective working capital management.
Despite lower sales volumes, the company generated strong cash flow and reduced working capital successfully.
Ongoing initiatives to improve cash flow and reduce costs are key strategies for future performance.
Maintaining liquidity and adapting to market conditions are crucial for Trinseo PLC's success in 2023.

Trinseo PLC reports resilient Q2 performance amidst challenges and opportunities

Trinseo PLC navigated lower sales volume in Q2 but maintained financial resilience with consecutive EBITDA growth. While facing challenges from debt refinancing and projected losses, the company is proactively pursuing cost-saving measures and asset evaluations. Opportunities lie in potential volume rebound, restructuring benefits, and market tailwinds.

Trinseo PLC reports Q3 challenges, eyes growth through sustainability

Trinseo PLC navigated challenges in Q3 2023 with flat sales volume and a net loss from continuing operations, offset by cost-saving initiatives and improved EBITDA.
The company's strengths lie in its focus on specialty and sustainable solutions, successful refinancing, and commitment to sustainability projects.
While facing a challenging outlook with projected net losses, Trinseo has opportunities to drive growth through strategic initiatives and market expansion.

Trinseo focuses on sustainability and cost improvements amidst 2023 challenges

Trinseo navigated 2023 challenges by enhancing cost positions and sustainability efforts.
Strong liquidity position and focus on disciplined cash management for 2024.
Q4 EBITDA impacted by seasonality, but Q1 expected to rebound significantly.
Opportunities lie in advancing sustainability goals and improving profitability.

Trinseo PLC reports improved Q3 profitability amidst operational challenges

Trinseo PLC's Q3 2024 performance reflected improved profitability and sales growth in sustainable products, despite challenges from unplanned outages.
The company's strategic initiatives and focus on cost efficiency position it well for future growth opportunities and market responsiveness.
While facing near-term challenges like slower market demand, Trinseo remains optimistic about leveraging restructuring efforts and pent-up demand for future success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Trinseo PLC. (NYSE:TSE ) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Van Kessel - Senior Vice President of Corporate Finance and Investor Relations Frank Bozich - President and CEO David Stasse - EVP and CFO Conference Call Participants Frank Mitsch - Fermium Research Matthew Blair - TPH Laurence Alexander - Jefferies LLC Operator Good morning ladies and gentlemen, and welcome to the Trinseo Third Quarter 2024 Financial Results Conference Call.

Trinseo PLC (TSE) Q3 2024 Earnings Call Transcript

Trinseo (TSE) came out with a quarterly loss of $1.62 per share versus the Zacks Consensus Estimate of a loss of $1.39. This compares to loss of $1.03 per share a year ago.

Trinseo (TSE) Reports Q3 Loss, Tops Revenue Estimates

WAYNE, Pa.--(BUSINESS WIRE)--Trinseo (NYSE: TSE):                   Three Months Ended     September 30, $millions, except per share data   2024   2023 Net Sales   $ 868     $ 879   Net Loss     (87 )     (38 ) Diluted EPS ($)     (2.47 )     (1.09 ) Adjusted Net Loss*     (58 )     (36 ) Adjusted EPS ($)*     (1.62 )     (1.03 ) EBITDA*     37       29   Adjusted EBITDA*     66       41   *For a reconciliation of EBITDA, Adjusted EBITDA, and Adjusted Net Loss, all of which are non-GAAP measures.

Trinseo Reports Third Quarter 2024 Financial Results and Provides Fourth Quarter Outlook

WAYNE, Pa.--(BUSINESS WIRE)--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.

Trinseo Announces Release Date and Conference Call for its Third Quarter 2024 Financial Results

Trinseo (TSE) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Strength Seen in Trinseo (TSE): Can Its 15.8% Jump Turn into More Strength?

TSE expects $30 million in annual cost savings and $15-20 million profitability improvement from restructuring initiatives.

Trinseo Announces Restructuring Initiatives for Long-Term Growth

WAYNE, Pa.--(BUSINESS WIRE)--Trinseo (NYSE: TSE) (Trinseo or “the Company”), a specialty materials solutions provider, today announced restructuring initiatives to better position the business for longer-term growth, improved profitability, and increased cash generation. Effective October 1, 2024, the Company is combining the management of its Engineered Materials, Plastics Solutions and Polystyrene businesses, resulting in a reduction in workforce due to the consolidation of business managemen.

Trinseo Announces Additional Restructuring Initiatives

WAYNE, Pa.--(BUSINESS WIRE)--Trinseo (NYSE: TSE), a specialty material solutions provider, today announced that its Board of Directors authorized a quarterly dividend of $0.01 per share. The dividend will be a cash distribution payable on October 24, 2024, to shareholders of record as of the close of business on October 10, 2024. About Trinseo Trinseo (NYSE: TSE), a specialty material solutions provider, partners with companies to bring ideas to life in an imaginative, smart, and sustainably fo.

Trinseo Announces Quarterly Dividend of $0.01 Per Share

Atlas Lithium Inc

Braze

DigitalOcean Holdings

Eldorado Gold

Planet Labs

Sylvamo Corp

NuScale Power Corp

SSR Mining

Terns Pharmaceuticals

Uranium Energy

United Microelectronics

The 'Undercovered' Dozen series highlights 12 undercovered stocks, providing investment ideas and sparking community discussion on their potential. Zach Bristow argues that Sylvamo Corporation offers a compelling risk/reward opportunity with reasonable valuations, shareholder-oriented management, and potential valuations up to $200/share. NuScale Power Corporation faces skepticism, according to George Theodosi, due to overhype and lack of US SMR projects, despite global interest in nuclear energy.

Undercovered Stock Picks From September 6-12: Lithium, Uranium, Gold, & Plastic

Trinseo, a global plastic products' manufacturer, is undergoing an operational turnaround, with potential for significant share price improvement driven by better profitability and cash flow. The company is addressing its high debt through asset sales and refinancing, with a focus on selling its JV and paying down term loans. Recent acquisitions have shifted Trinseo towards higher-margin, less cyclical businesses, positioning it for growth as market conditions improve.

Trinseo: Powerful Upside To A Distressed Situation

Trinseo PLC (NYSE:TSE ) Q2 2024 Earnings Conference Call August 7, 2024 10:00 AM ET Company Participants Andy Myers - Director, IR Frank Bozich - President and CEO David Stasse - EVP and CFO Conference Call Participants Frank Mitsch - Fermium Research, LLC Matthew Blair - TPH Hassan Ahmed - Alembic Global Advisors Michael Leithead - Barclays Operator Good morning ladies and gentlemen, and welcome to the Trinseo Second Quarter 2024 Financial Results Conference Call. We welcome the Trinseo management team, Frank Bozich, President and CEO; David Stasse, Executive Vice President and CFO; and Andy Myers, Vice President of Investor Relations.

Trinseo PLC (TSE) Q2 2024 Earnings Call Transcript

Trinseo (TSE) came out with a quarterly loss of $1.46 per share versus the Zacks Consensus Estimate of a loss of $1.09. This compares to loss of $1.92 per share a year ago.

Trinseo (TSE) Reports Q2 Loss, Lags Revenue Estimates

WAYNE, Pa.--(BUSINESS WIRE)--Trinseo (NYSE: TSE):                   Three Months Ended     June 30, $millions, except per share data   2024   2023 Net Sales   $ 920     $ 963   Net Loss     (68 )     (349 ) Diluted EPS ($)     (1.92 )     (9.93 ) Adjusted Net Loss*     (52 )     (68 ) Adjusted EPS ($)*     (1.46 )     (1.92 ) EBITDA*     64       (281 ) Adjusted EBITDA*     67       57   *For a reconciliation of EBITDA, Adjusted EBITDA, and Adjusted Net Loss, all of which are non-GAAP measures,.

Trinseo Reports Second Quarter 2024 Financial Results and Provides Third Quarter Outlook

WAYNE, Pa. & NEW YORK--(BUSINESS WIRE)--Trinseo PLC (“Trinseo” or “the Company”)(NYSE: TSE), a specialty material solutions provider, today announced that a special purpose finance entity, Styron Receivables Funding Designated Activity Company, has entered into a $150 million non-recourse financing facility with credit funds and accounts managed by KKR, a leading global investment firm. The facility, which is collateralized by trade receivables originated by Trinseo and its subsidiaries, replac.

Trinseo Announces New Receivables Financing Facility from KKR

WAYNE, Pa.--(BUSINESS WIRE)--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 comm.

Trinseo Announces Release Date and Conference Call for its Second Quarter 2024 Financial Results

WAYNE, Pa.--(BUSINESS WIRE)--Trinseo (NYSE: TSE), a specialty material solutions provider, announced today the release of its 2024 Sustainability & Corporate Social Responsibility Report. “We remain focused on becoming a specialty material solutions provider that prioritizes sustainability and innovation,” said Frank Bozich, President and Chief Executive Officer. “Chemical manufacturing is an ever-evolving landscape, and I am incredibly proud of the work we accomplished in 2023. I am confid.

Trinseo Showcases Dedication to Climate Change Goals in 14th Annual Sustainability & CSR Report

WAYNE, Pa.--(BUSINESS WIRE)--Trinseo (NYSE: TSE), a specialty material solutions provider, today announced a correction to its previously issued press release dated June 27, 2024, under the headline “Trinseo Announces Quarterly Dividend of $0.01 Per Share”. The previous press release contained a typographical error which erroneously indicated that the record date for the dividend was payable to shareholders of record as of the close of business on “July 7, 2024” rather than the correct record d.

Trinseo Issues Correction of Record Date to Quarterly Dividend Release

Trinseo (TSE) opens a PMMA depolymerization facility in Italy, advancing sustainable recycling technology.

Trinseo (TSE) Launches PMMA Depolymerization Facility in Italy

WAYNE, Pa.--(BUSINESS WIRE)--Trinseo (NYSE: TSE), a specialty material solutions provider, announced today the opening of its polymethyl methacrylate (PMMA) depolymerization facility in Rho, Italy, on June 25. The pilot facility represents a significant step forward in the Company's commitment to sustainability, as the next-generation recycling technology helps advance a circular infrastructure for acrylic solutions and is aligned with Trinseo's 2030 Sustainable Product Portfolio Goals. “We are.

Trinseo Opens Next-Gen Depolymerization Facility in Italy

WAYNE, Pa.--(BUSINESS WIRE)--Trinseo (“Trinseo” or “the Company”) (NYSE: TSE), a specialty material solutions provider, today announced its lineup of EV Battery solutions that will be on display at The Battery Show Europe in Stuttgart, Germany, June 18-20, 2024, Hall 8, Booth D26. Two innovative technologies will be highlighted this year that focus on improving performance of the EV battery itself, along with a novel approach to physically protecting the battery pack. The thermoplastic battery.

Trinseo Portfolio Of EV Battery Solutions To Maximize Mobility On Display At Battery Show Europe

PFÄFFIKON, Switzerland--(BUSINESS WIRE)--Trinseo (NYSE: TSE), a specialty material solutions provider and manufacturer of plastics and latex binders, announced today the launch of new recycled-containing acrylonitrile-butadiene-styrene (ABS) and styrene-acrylonitrile (SAN) resins, available under the MAGNUM™ ECO+, MAGNUM™ CR and TYRIL™ CR trade names. MAGNUM™ ECO+ ABS resins are dedicated to the mobility industry and will be introduced to the market during the 2024 Plastics in Automotive Engine.

New Sustainably Advantaged ABS, SAN Resins Work As Drop-In Solution, Help Reduce Carbon Footprint Across Automotive, Industrial And Consumer Goods Applications

Trinseo (TSE) came out with a quarterly loss of $1.94 per share versus the Zacks Consensus Estimate of a loss of $2.07. This compares to loss of $1.01 per share a year ago.

Trinseo (TSE) Reports Q1 Loss, Tops Revenue Estimates

WAYNE, Pa.--(BUSINESS WIRE)--Trinseo (NYSE: TSE):                   Three Months Ended     March 31, $millions, except per share data   2024     2023   Net Sales   $ 904     $ 996   Net Loss     (76 )     (49 ) Diluted EPS ($)     (2.14 )     (1.40 ) Adjusted Net Loss*     (69 )     (35 ) Adjusted EPS ($)*     (1.94 )     (1.01 ) EBITDA*     38       29   Adjusted EBITDA*     45       36   *For a reconciliation of EBITDA, Adjusted EBITDA, and Adjusted Net Loss, all of which are non-GAAP measure.

Trinseo Reports First Quarter 2024 Financial Results and Provides Second Quarter Outlook

WAYNE, Pa.--(BUSINESS WIRE)--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 follow.

Trinseo Announces Release Date and Conference Call for its First Quarter 2024 Financial Results

Trinseo (TSE) has not intentionally added PFAS to its manufacturing process, and the recycled content aids in waste reduction, carbon footprint reduction and recycling in the consumer electronics industry.

News for Trinseo PLC Stock (TSE)