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Trinseo (TSE) Q1 2021 Earnings Call Transcript fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
Trinseo (TSE) Q1 2021 Earnings Call Transcript msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Trinseo Reports Record Second Quarter 2021 Financial Results – Consumer Electronics Net consumerelectronicsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from consumerelectronicsnet.com Daily Mail and Mail on Sunday newspapers.
Trinseo looks to recover from sales losses of 2020 Materials firm Trinseo reported lower sales overall and in its plastics-related businesses in 2020. Total sales at Berwyn, Pa.-based Trinseo were down almost 20 percent for the year to just over $3 billion, as profit plunged more than 90 percent to $8 million. Sales for the firm s synthetic rubber unit, which is being considered for a sale, were down 28 percent to $319 million, with Base Plastics unit sales including ABS and polycarbonate resins, as well as compounds and blends for automotive and other applications down almost 21 percent to $918 million. Unit sales in Polystyrene and Engineered Materials saw less steep declines for the year. Polystyrene sales, not counting Trinseo s Americas Styrenics joint venture with Chevron Phillips Chemical Co., were down almost 14 percent to $698 million. Engineered Materials sales, including compounds and blends sold into consumer electronics and medical uses, as well as ....
2 months ago Fourth Quarter 2020 Summary Net income of $67 million and diluted EPS of $1.71; Adjusted EBITDA of $149 million and Adjusted EPS of $1.84, inclusive of a pre-tax favorable net timing impact of $29 million Cash from operations of $128 million; Free Cash Flow of $106 million Full Year 2020 Summary Net income of $8 million and diluted EPS of $0.20; Adjusted EBITDA of $299 million and Adjusted EPS of $2.05, inclusive of a pre-tax unfavorable net timing impact of $27 million Cash from operations of $255 million, Free Cash Flow of $173 million, and year-ending cash and cash equivalents of $589 million BERWYN, Pa.–(BUSINESS WIRE)–Trinseo (NYSE: TSE): Three Months Ended
For a reconciliation of EBITDA, Adjusted EBITDA, and Adjusted Net Income, all of which are non-GAAP measures, to Net Income, as well as a reconciliation of Free Cash Flow and Adjusted EPS, see Notes 2 and 3 to ....