secwatch.observer — SEC 8-K summary
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Issuer:     Element Solutions Inc (ESI)
CIK:        0001590714
Form:       8-K
Filed at:   2024-04-29T23:59:59+00:00
Accession:  0001590714-24-000087
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Element Solutions Q1 adjusted EBITDA up 17% constant currency; raises FY guidance to $515-530M
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- Net sales $575M (flat YoY); organic +1%; GAAP net income $56M vs $43M; diluted EPS $0.23 vs $0.18.
- Adjusted EBITDA $127M, +13% reported/+17% constant currency; margin 22.1% (+260 bps). Adjusted EPS $0.34 vs $0.30.
- Electronics segment sales +3% (organic +4%); Industrial & Specialty -4% (organic -3%).
- FY2024 guidance raised: adj. EBITDA $515-530M, free cash flow $280-300M; Q2 adj. EBITDA ~$125M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1590714/000159071424000087/0001590714-24-000087-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1590714/000159071424000087/esi-20240429.htm
  HTML page:      https://secwatch.observer/filing/0001590714-24-000087

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