Element Solutions (ESI) - 2023 Q4 - Earnings Call Presentation

Circuitry $424 (14%) Lower smartphone unit demand and industry inventory correction in several end markets Total $919 (2%) Industrial & Specialty Net Sales ($ in millions) Graphics $143 (1%) Newsprint declines, rationalization of lower-margin packaging business Energy $77 14% Higher offshore drilling activity and pricing actions ▪ Capital expenditures of $16 million in Q4 2023 were lower than planned due largely to timing | --- | --- | --- | |-------------------|---------|-------------| | $ millions | FY 20 ...