Workflow
Trinseo(TSE)
icon
Search documents
Trinseo Shares Up 37% on Debt Refinance Transaction Support Agreement
ZACKS· 2024-12-12 14:15
Shares of Trinseo PLC (TSE) grew 37% since the company announced on Tuesday that it has entered a Transaction Support Agreement to restructure its debt and extend maturities. This move will solidify Trinseo’s ability to carry out its strategic initiatives to aid the ongoing transformation into a leading provider of specialty materials and sustainable solutions.Details on Trinseo’s Transaction Support AgreementUnder the agreement, the supporting creditors will support transactions to refinance upcoming matur ...
Trinseo(TSE) - 2024 Q3 - Earnings Call Presentation
2024-11-08 04:12
TRINSEO. Third Quarter 2024 Financial Results & Fourth Quarter Outlook November 6, 2024 1 Trademark of Trinseo PLC or its affiliates Introductions & Disclosure Rules Introductions • Frank Bozich, President & CEO • David Stasse, Executive Vice President & CFO • Bee van Kessel, Senior Vice President, Corporate Finance & Investor Relations Disclosure Rules This presentation may contain forward-looking statements including, without limitation, statements concerning plans, objectives, goals, projections, forecas ...
Trinseo(TSE) - 2024 Q3 - Earnings Call Transcript
2024-11-08 04:09
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. We welcome the Trinseo ma ...
Trinseo(TSE) - 2024 Q3 - Quarterly Report
2024-11-07 16:18
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 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: 001-36473 Trinseo PLC (Exact name of registrant as specified in its charter) Ireland N/A (State or other juri ...
Trinseo (TSE) Reports Q3 Loss, Tops Revenue Estimates
ZACKS· 2024-11-07 01:01
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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -16.55%. A quarter ago, it was expected that this plastics and latex maker would post a loss of $1.09 per share when it actually produced a loss of $1.46, delivering a surprise of -33.94%.Over the last four quarters, the company ha ...
Trinseo(TSE) - 2024 Q3 - Quarterly Results
2024-11-06 22:19
Contact: Bee van Kessel Tel : +41 44 718 3685 Email: bvankessel@trinseo.com Trinseo Reports Third Quarter 2024 Financial Results and Provides Fourth Quarter Outlook 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 exp ...
Strength Seen in Trinseo (TSE): Can Its 15.8% Jump Turn into More Strength?
ZACKS· 2024-10-03 12:00
Trinseo (TSE) shares soared 15.8% in the last trading session to close at $6.60. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 32.9% gain over the past four weeks. Shares of Trinseo gained since it announced significant restructuring initiatives that will position the company for long-term growth. The company is consolidating its Engineered Materials, Plastics Solutions and Polystyrene businesses beginning Oct. 1, 2024. This mo ...
Trinseo Announces Restructuring Initiatives for Long-Term Growth
ZACKS· 2024-10-01 15:20
Trinseo PLC (TSE) has announced significant restructuring initiatives that will position the company for longterm growth. These initiatives will improve Trinseo's profitability and increase cash generation. Trinseo's Structural Changes The company is consolidating its Engineered Materials, Plastics Solutions and Polystyrene businesses beginning Oct. 1, 2024. This move will minimize the workforce by consolidating management positions and support roles. Francesca Reverberi, senior vice president of engineered ...
Trinseo: Powerful Upside To A Distressed Situation
Seeking Alpha· 2024-09-10 15:24
Baloncici/iStock via Getty Images Executive Summary Trinseo (NYSE:TSE) is a global plastic products' manufacturer spun out of Dow Chemical Company 15 years ago. The company's focus has gone from commodity feedstock to value added engineered materials and latex binders to various end users, like housing, automotive, medical, and consumer electronics companies. The current business environment has caused the company to lose sales and experience compressed margins. However, the company has recently seen an imp ...
Trinseo(TSE) - 2024 Q2 - Earnings Call Transcript
2024-08-07 19:30
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, Fra ...