secwatch.observer — SEC 8-K summary
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Issuer:     Trinseo PLC (TSEOF)
CIK:        0001519061
Form:       8-K
Filed at:   2023-02-08T23:59:59+00:00
Accession:  0001558370-23-001032
Event type: earnings
Sentiment:  negative
Materiality: 0.82
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Trinseo posts FY2022 net loss of $428M; Q4 includes $297M impairment; guides 2023 EBITDA $375-425M
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- FY2022 net loss from continuing ops $428M, diluted EPS -$11.91; adjusted EBITDA $312M.
- Q4 net loss $364M (diluted EPS -$10.42) on $975M sales (-25% YoY); adjusted EBITDA $6M.
- Non-cash impairment of $297M on PMMA and Aristech Surfaces goodwill.
- Full-year 2023 guidance: Adjusted EBITDA $375-425M; cash from ops ~$100M; capex ~$100M.
- Restructuring includes closure of Boehlen styrene plant and one Stade PC line; expects $60M profit improvement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1519061/000155837023001032/0001558370-23-001032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1519061/000155837023001032/tse-20230208x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-001032

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