secwatch.observer — SEC 8-K summary
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Issuer:     Trinseo PLC (TSEOF)
CIK:        0001519061
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0001558370-24-014670
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Trinseo Q3 net loss $87M, adj EBITDA $66M; guides Q4 adj EBITDA $40-50M
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- Net sales $868M (-1% YoY); net loss $87M vs $38M prior year; diluted EPS -$2.47 vs -$1.09.
- Adjusted EBITDA $66M, up $25M YoY; all segments improved except Americas Styrenics due to unplanned outages.
- Restructuring: consolidation of roles and exit of Stade polycarbonate; expects $25M savings in 2025, $30M run rate by end 2026.
- Q4 outlook: net loss $71M-$81M, adj EBITDA $40M-$50M; free cash flow expected positive on seasonal working capital.
- Cash $167M, $177M additional liquidity; free cash flow -$3M in Q3, improving $53M sequentially.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1519061/000155837024014670/0001558370-24-014670-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1519061/000155837024014670/tse-20241106x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-014670

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