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Element Solutions (ESI) - 2025 Q2 - Earnings Call Presentation

Q2 2025 Performance - Net sales increased by 2% year-over-year to $625 million, compared to $613 million in Q2 2024[6] - Electronics net sales increased by 12% year-over-year to $439 million[6] - Industrial & Specialty net sales decreased by 16% year-over-year to $186 million[6] - Adjusted EBITDA increased by 1% year-over-year to $136 million[6] - Adjusted EPS increased by 3% year-over-year to $037[6] - Organic net sales increased by 6% year-over-year[6] Segment Performance - Electronics organic growth was 9%, driven by Assembly, Circuitry and Semiconductor[6, 9] - Industrial & Specialty organic growth was 1%[6, 11] Balance Sheet and Cash Flow - Q2 2025 adjusted free cash flow was $59 million[15] - Net debt to adjusted EBITDA ratio was 21x as of June 30, 2025[15] - Repurchased approximately $20 million of shares in Q2 2025 at an average price of $2045 per share[15] FY 2025 Guidance - The company expects adjusted EBITDA to be in the range of $530 million to $550 million[17] - The company expects adjusted EPS to be approximately $145[17]