{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-008123","form_type":"8-K","ticker":"TSEOF","cik":"0001519061","company_name":"Trinseo PLC","filed_at":"2023-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.211326+00:00","generated_at":"2026-06-15T21:45:53.206181+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Trinseo Q1 net loss $49M; FY Adj EBITDA guidance cut to $275M-$325M from $375M-$425M","bullets":["Q1 net loss $49M (-$1.40/sh) vs prior-year net income $17M; Adjusted EBITDA $36M vs $178M YoY.","FY2023 Adjusted EBITDA guidance lowered to $275M-$325M (midpoint ~$300M) from $375M-$425M; net loss forecast $61M-$94M.","Cash improvement initiatives target >$100M benefit in 2023; Q1 Free Cash Flow $24M; FY FCF outlook raised to ~$75M from breakeven.","Cash dividend to be substantially reduced starting Q3 2023; Styrenics sales process restarted; Matamoros PMMA sale for $19M expected to close Q2."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-008123","json":"https://secwatch.observer/filing/0001558370-23-008123.json","markdown":"https://secwatch.observer/filing/0001558370-23-008123.md","text":"https://secwatch.observer/filing/0001558370-23-008123.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1519061/000155837023008123/0001558370-23-008123-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1519061/000155837023008123/tse-20230504x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T21:45:53.206181+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"eaa56d001859ec83d7517143f77cd7157545012c","claim":"Trinseo PLC reported first quarter ended March 31, 2023 results: revenue $996, net income $(49), EPS $(1.40).","evidence_excerpt":"Three Months Ended ​ ​ March 31, $millions, except per share data ​ 2023 2022 Net Sales $ 996 $ 1,387 Net Income (Loss) from continuing operations ​ (49) ​ 17 Diluted EPS from continuing operations ($) ​ (1.40) ​ 0.45","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1519061/000155837023008123/0001558370-23-008123-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"$996"},{"label":"Net income","value":"$(49)"},{"label":"EPS","value":"$(1.40)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}