secwatch.observer — SEC 8-K summary
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Issuer:     Trinseo PLC (TSEOF)
CIK:        0001519061
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0001558370-24-007366
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Trinseo Q1 net loss $76M (-$2.14 EPS); adj EBITDA $45M; Q2 guidance adj EBITDA $60-75M
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- Net loss $76M, EPS -$2.14; adjusted net loss $69M, adj EPS -$1.94.
- Net sales $904M, down 9% YoY; volumes ex-styrene highest since Q3 2022.
- Adj EBITDA $45M, +$9M YoY; Q2 adj EBITDA guided $60-75M, net loss $53-38M.
- Free cash flow negative $82M; cash $171M; trade working capital up $61M.
- Commenced sale process for Americas Styrenics; exploring Stade polycarbonate plant closure.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1519061/000155837024007366/0001558370-24-007366-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1519061/000155837024007366/tse-20240508x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-007366

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer