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Element Solutions Inc Announces Record Fourth Quarter and Full Year Financial Results Since its Launch in 2019 – Consumer Electronics Net

1 month ago 2020 net sales of $1.85 billion, an increase of 1% on a reported basis or a decline of 3% on an organic basis from 2019 2020 GAAP diluted EPS of $0.31, compared to $0.30 in 2019 2020 adjusted EPS of $0.96, compared to $0.88 in 2019, an increase of 9% 2020 reported net income of $77 million, compared to $80 million in 2019 2020 adjusted EBITDA of $423 million, an increase of 2% from last year on a constant currency basis 2020 cash flows from operating activities of $276 million; 2020 free cash flows of $249 million Introduced 2021 full year financial guidance: Adjusted EBITDA growth of approximately 7% year-on-year Adjusted EPS of $1.10 to $1.15, an increase of 15% to 20% 2021 expected free cash flow of approximately $275 million

Element Solutions Inc (ESI) Q4 2020 Earnings Call Transcript

Operator Good morning, ladies and gentlemen, and welcome to the Element Solutions Q4 and year-End 2020 Financial Results Conference Call. [Operator Instructions] Please note this call may be recorded. [Operator Instructions] I will now turn the call over to Varun Gokarn, Senior Director of Strategy and Finance. Please go ahead. Varun Gokarn Senior Director of Strategy and Finance. Good morning, and thank you for participating on our fourth quarter and full year 2020 earnings conference call. Joining me are Executive Chairman, Sir Martin Franklin; CEO, Ben Gliklich; and CFO, Carey Dorman. In accordance with Regulation FD, or fair disclosure, we are webcasting this conference call. Any redistribution, retransmission or rebroadcast of this call in any form without the express written consent of Element Solutions is strictly prohibited. During today s call, we will make certain forward-looking statements that reflect our current views about the company s future performance and fin

Earnings Scheduled For February 24, 2021

Earnings Scheduled For February 24, 2021
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