---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-000986"
form_type: "8-K"
ticker: "TSEOF"
cik: "0001519061"
company_name: "Trinseo PLC"
filed_at: "2024-02-12T23:59:59+00:00"
generated_at: "2026-06-06T04:16:14.030400+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Trinseo reports FY2023 net loss $701M, Adj EBITDA $154M; Q1 2024 outlook $40-50M Adj EBITDA

## Summary
- FY2023 net loss from cont ops $701M includes $349M goodwill impairment, $160M deferred tax valuation allowance; Adj EBITDA $154M (FY2022: $312M).
- Q4 2023 net sales $837M (-14% YoY); Adj EBITDA $20M (up from $6M in Q4 2022).
- Cash from ops $149M, capex $70M => FCF $79M; year-end cash $259M, up $47M YoY.
- Q1 2024 outlook: net loss $77-67M; Adj EBITDA $40-50M; CEO expects Q1 to be low point of year.
- Restructuring actions expected to drive ~$100M sequential profitability improvement in 2024.

## SEC filing metadata
- accession: 0001558370-24-000986
- form_type: 8-K
- ticker: TSEOF
- cik: 0001519061
- company_name: Trinseo PLC
- filed_at: 2024-02-12T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1519061/000155837024000986/0001558370-24-000986-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1519061/000155837024000986/tse-20240212x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-000986
- JSON: https://secwatch.observer/filing/0001558370-24-000986.json
- Plain text: https://secwatch.observer/filing/0001558370-24-000986.txt

## Key facts
- Earnings Releases
  Trinseo PLC reported fourth quarter ended December 31, 2023 results: revenue 837, net income -265, EPS -7.53.
  - Period: fourth quarter ended December 31, 2023
  - Revenue: 837
  - Net income: -265
  - EPS: -7.53
  - Result: reported results
  source text: gas hedging ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Year Ended ​ ​ December 31, ​ December 31, $millions, except per share data ​ 2023 2022 2023 2022 Net Sales $ 837 $ 975 $ 3,675 $ 4,966 Net Loss from continuing operations ​ (265) ​ (364) ​ ​ (701) ​ ​ (428) Diluted EPS from continuing operations ($) ​ (7.53) ​ (10.42) ​ ​ (19.88) ​ ​ (11.91)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1519061/000155837024000986/0001558370-24-000986-index.htm
- Earnings Releases
  Trinseo PLC reported year ended December 31, 2023 results: revenue 3675, net income -701, EPS -19.88.
  - Period: year ended December 31, 2023
  - Revenue: 3675
  - Net income: -701
  - EPS: -19.88
  - Result: reported results
  source text: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Year Ended ​ ​ December 31, ​ December 31, $millions, except per share data ​ 2023 2022 2023 2022 Net Sales $ 837 $ 975 $ 3,675 $ 4,966 Net Loss from continuing operations ​ (265) ​ (364) ​ ​ (701) ​ ​ (428) Diluted EPS from continuing operations ($) ​ (7.53) ​ (10.42) ​ ​ (19.88) ​ ​ (11.91) Adjusted Net
  evidence_url: https://www.sec.gov/Archives/edgar/data/1519061/000155837024000986/0001558370-24-000986-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.