UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q _______________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-36272 Element Solutions Inc (Exact name of Registrant as specified in its charter) Delaware 37-1744899 (State or other juri ...

Enabling Technology. Growing Sustainably. Legal Notices SAFE HARBOR Please note that in this presentation, we may discuss events or results that have not yet occurred or been realized, commonly referred to as forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made by or on behalf of the Company. Such discussion and statements will often contain words such as "expect," "anticipate," "project," "will," "should," "believe," "in ...

Element Solutions Inc. (NYSE:ESI) Q1 2023 Earnings Conference Call April 27, 2023 8:30 AM ET Company Participants Varun Gokarn - Senior Director, Strategy and Finance Benjamin Gliklich - President and Chief Executive Officer Carey Dorman - Executive Vice President and Chief Financial Officer Conference Call Participants Joshua Spector - UBS John Roberts - Credit Suisse Kieran de Brun - Mizuho Securities Stefan Diaz - Morgan Stanley Rock Hoffman - Bank of America Jonathan Tanwanteng - CJS Securities Christ ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q _______________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-36272 500 East Broward Boulevard, Suite 1860 33394 Fort Lauderdale, Florida (Zip Code) (Address of principal executive off ...

Element Solutions Inc. (NYSE:ESI) Q4 2022 Results Conference Call February 22, 2023 8:30 AM ET Company Participants Varun Gokarn - Senior Director, Strategy and Finance Ben Gliklich - CEO Carey Dorman - CFO Martin Franklin - Executive Chairman Conference Call Participants Josh Spector - UBS John Roberts - Credit Suisse Kieran De Brun - Mizuho Chris Kapsch - Loop Capital Markets Jon Tanwanteng - CJS Securities Rock Hoffman - Bank of America David Silver - Seal King Angel Castillo - Morgan Stanley Operator Go ...

Financial Performance - In 2022, the company achieved total sales of $2.55 billion, with the Electronics segment contributing approximately 63% and the Industrial & Specialty segment contributing about 37%[27]. - The Electronics segment's Assembly Solutions accounted for approximately 52% of its net sales, driven by increasing electronics usage across various markets[31]. - The Circuitry Solutions business represented around 31% of the Electronics segment's net sales, with growth anticipated from demand in wireless mobile devices and internet infrastructure[32]. - The Semiconductor Solutions segment contributed approximately 17% of Electronics net sales, with growth expected from advanced electronics packaging and the Internet of Things[33]. - The Industrial & Specialty segment's Industrial Solutions accounted for about 77% of its net sales, with growth driven by increased automobile production and general economic growth[37]. - Graphics Solutions represented approximately 16% of the Industrial & Specialty segment's net sales, with growth anticipated from consumer demand for package imaging technologies[38]. Strategic Initiatives - The company emphasizes a strategy of operational excellence and prudent capital allocation to drive long-term shareholder value[23]. - The company aims to pursue targeted acquisitions to strengthen its current businesses and expand its product offerings[24]. - The company maintains strong market positions due to customer loyalty, operational risks, and high switching costs, which help retain customers[21]. - The company emphasizes customer-driven innovation, collaborating closely with customers and OEMs to develop tailored products[5]. Research and Development - Research and development expenses totaled $48.8 million in 2022, with a focus on developing new products and improving formulations[58]. - Approximately 40% of the 5,300 full-time employees are research and development chemists and experienced technical service personnel[51]. - The company maintains an extensive intellectual property portfolio with around 2,600 domestic and foreign patents as of December 31, 2022[65]. Operational Efficiency - The business model generates high cash flow margins and requires low capital expenditures, allowing for substantial free cash flow[50]. - The company operates numerous small and medium-sized facilities close to customers, enhancing access to key growth markets[45]. - The company’s culture is performance-driven and decentralized, empowering teams to make swift decisions to meet customer needs[50]. Competitive Landscape - The competitive environment includes significant players like MKS Instruments and DuPont, with competition based on quality, technology, and service[60]. Financial Position and Risks - Total debt as of December 31, 2022, was $1.90 billion, including approximately $1.11 billion of variable interest rate debt[220]. - The company has a net interest rate of approximately 1.6% on its hedged debt as of December 31, 2022[221]. - Approximately 75% of net sales in 2022 were generated outside of the U.S., exposing the company to foreign currency risk[223]. - The aggregate U.S. dollar notional amount of foreign currency forward contracts was $105 million as of December 31, 2022, with a net current liability of $0.3 million[224]. - The company had $45.7 million in metals futures contracts as of December 31, 2022, with a net current liability of $2.5 million[227]. Sustainability and Compliance - The company is focused on developing technologies to lower energy consumption and emissions, aligning with climate-related regulations[69]. - The company may incur significant future costs related to compliance with environmental regulations, including cleanup costs and fines[69]. - The company actively assesses and manages its exposure to commodity price risk through strategic sourcing initiatives[226]. - The company believes it is in material compliance with applicable environmental laws and regulations[70]. - The company has recorded appropriate liabilities for various environmental matters as of December 31, 2022[70].

Element Solutions Inc. (NYSE:ESI) Q3 2022 Earnings Conference Call October 27, 2022 8:30 AM ET Company Participants Varun Gokarn - Senior Director, Strategy and Finance Benjamin Gliklich - CEO Carey Dorman - CFO Conference Call Participants Kieran De Brun - Mizuho Securities Joshua Spector - UBS John Roberts - Credit Suisse Robert Koort - Bank of America Jonathan Tanwanteng - CJS Securities Christopher Kapsch - Loop Capital Markets Stefan Diaz - Morgan Stanley Operator Ladies and gentlemen, good morning ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________ FORM 10-Q _______________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-36272 Element Solutions Inc (Exact name of Registrant as specified in its charter) Delaware 37-1744899 ...

Second Quarter 2022 Earnings Presentation Enabling Technology. Growing Sustainably. Legal Notices SAFE HARBOR Please note that in this presentation, we may discuss events or results that have not yet occurred or been realized, commonly referred to as forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made by or on behalf of the Company. Such discussion and statements will often contain words such as "expect," "anticipate," " ...

Financial Data and Key Metrics Changes - Organic net sales grew 6% in Q2 2022, consistent with Q1 performance, despite a challenging comparison to the strong COVID recovery in the first half of 2021 [12] - Adjusted EBITDA grew by 13% year-on-year on a constant currency basis, with adjusted EBITDA margin declining by 170 basis points due to higher metal prices [10][13] - Adjusted EPS increased by 9% on a reported basis, despite a negative 7% impact from foreign exchange translation [13] Business Line Data and Key Metrics Changes - Electronics segment saw organic growth of 8% year-over-year, with Circuitry Solutions growing 14% and Semiconductor Solutions growing 13% [14] - Industrial & Specialty segment experienced a 2% organic growth, with Industrial Solutions growing 1% and Energy Solutions also growing 2% [17][18] - Adjusted EBITDA in the Industrial & Specialty segment grew 13% on a constant currency basis, but margins declined by approximately 3 percentage points due to increased logistics and freight costs [18] Market Data and Key Metrics Changes - The strengthening U.S. dollar negatively impacted sales by 7% in Q2 2022, with expectations of continued headwinds into the second half of the year [10][23] - Demand in the electronics segment remained healthy, driven by electric vehicle (EV) and 5G penetration, while the automotive market showed signs of recovery [11][29] - The company expects a modest recovery in the automotive market, with underlying structural demand remaining higher than production levels [11] Company Strategy and Development Direction - The company is focused on long-term strategic growth while managing near-term volatility, emphasizing the importance of sustainable chemistry and integration of recent acquisitions [9][24] - The management highlighted the importance of maintaining a strong sales pipeline and new business wins, indicating confidence in future growth opportunities [40][41] - The company is positioned to benefit from secular growth trends in electronics, particularly in EVs, internet infrastructure, and data storage [28][29] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the complicated macro environment, including supply chain challenges and geopolitical volatility, but expressed confidence in the resilience of many end markets [7][10] - The company revised its adjusted EBITDA guidance to a range of $565 million to $575 million, reflecting expectations of sustained strength in electronics and a modest recovery in automotive production [23][25] - Management indicated that they have cost levers available to manage profitability in case of adverse market conditions [24][53] Other Important Information - The company generated $56 million of free cash flow in Q2 2022, with a total cash flow guidance revised to $270 million for the year [19][20] - Share repurchase activity accelerated, with approximately $43 million of stock bought back, representing nearly 1% of shares outstanding [20] - The net leverage ratio remained steady at 3.2x, with term loans swapped to fixed rates to mitigate the impact of rising interest rates [21] Q&A Session Summary Question: How did your volumes for auto manufacturers in Q2 compare to industry bill rates? - Auto bill rates were down 14%, while the company's auto business was up 1% on sales, primarily driven by price [31] Question: How flexible are the PCB and semiconductor fabs in shifting between markets? - PCB fabs have some variability in end markets, and many are running close to full capacity [32] Question: Can you parse out the organic performance in the quarter and your outlook? - Price was a larger driver than volume in Q2, but there was volume growth in certain end markets, with expectations for organic growth in the second half [34] Question: How much are you under-earning at this point versus normalized production levels? - There is a significant unit deficit in auto production, indicating substantial earnings opportunity when production normalizes [36] Question: Have you seen evidence of inventory building in the automotive supply chain? - No evidence of inventory building has been found in the automotive supply chain [39] Question: Can you elaborate on the record sales pipeline and new business wins? - The company won more business in value in the first half than in all of 2019 or 2020, indicating strong medium-term momentum [40] Question: What is your exposure to different chip makers in the semiconductor market? - The business is disproportionately in the logic side of the semiconductor market, which remains strong despite weakness in the memory market [43] Question: How much of the pricing pushed through in the last 12 months can be retained when costs subside? - Pricing is broken into three buckets, with negotiated prices historically retained, while metal pass-through and commodity surcharges are more variable [45] Question: Are you seeing any pent-up demand from the lockdowns in China? - The electronics business did not see significant impacts from lockdowns, while the automotive market is expected to recover in Q4 [47] Question: How sensitive is the company to a potential recession? - The company has proven the ability to grow in mixed markets and has a highly variable operating cost model to manage profitability [49] Question: How confident are you in your smartphone customers' orders for the rest of the year? - The company has accounted for a softer smartphone ramp in its guidance and has multiple ways to deliver on its commitments [50]