John E. Capps
On October 2, 2024, John E. Capps, Executive Vice President, General Counsel and Secretary of Element Solutions Inc (the "Company"), announced his intention to retire from his current position at a date to be determined in 2025.
Highest-materiality recent filing
GAAP diluted EPS $0.23 vs $0.40 prior year; adjusted EPS $0.41 vs $0.34.
Sir Martin E. Franklin will not seek reelection and retire from the Board at the 2026 annual meeting (May 4, 2026).
Element Solutions posts record 2025 adjusted EBITDA $548M; guides 2026 to $650-670M
Q4 net sales $676M (+8% reported, +10% organic); Electronics segment sales up 21%.
Element Solutions closes ~$500M Micromax buy, raises $450M term loan, upsizes revolver
Closed Micromax acquisition on Feb 2, 2026 for approx. $500M; funded by $450M incremental term loan plus cash.
Net sales $656M, +2% reported, +5% organic; Electronics segment revenue +11% to $465M record.
Element Solutions Q2 net sales $625M (+6% organic); FY25 adj. EBITDA guidance raised to $530M-$550M
GAAP diluted EPS $0.20, down from $0.38; adjusted EPS $0.37 vs $0.36.
Element Solutions raises Q2 and FY 2025 adjusted EBITDA guidance; Q2 ~$135M
Q2 2025 adjusted EBITDA expected ~$135M, up from prior guidance of $120M-$125M.
GAAP diluted EPS $0.40 vs $0.23; adjusted EPS $0.34 vs $0.34; net income $98M up 75% YoY.
Element Solutions posts record Adj EBITDA of $535M in FY2024; guides FY2025 Adj EBITDA $520-540M
FY2024 net sales $2.46B (+5% reported, +4% organic); net income $245M (+107%); record Adj EBITDA $535M (+11%).
Element Solutions Q3 net sales +8% to $645M; net income $40M vs loss; guides FY adj EBITDA $535-540M
Net sales $645M (+8% reported, +6% organic); Electronics up 14% to $419M; Industrial & Specialty down 3% to $226M.
Net sales $613M (+5% reported, +4% organic); net income $93M (+213% from $30M).
Element Solutions raises FY 2024 adjusted EBITDA guidance to $530M-$545M
Q2 adjusted EBITDA expected ~$135M; FY guidance raised from $515M-$530M.
On October 2, 2024, John E. Capps, Executive Vice President, General Counsel and Secretary of Element Solutions Inc (the "Company"), announced his intention to retire from his current position at a date to be determined in 2025.
Richard L. Fricke, an executive officer and Senior Vice President, Electronics of the Company, will replace Mr. D'Ambrisi, effective July 1, 2024.
Joseph J. D'Ambrisi will resign as Executive Vice President, Head of Electronics and a named executive officer of the Company, effective July 1, 2024.
Max materiality 0.85 · Median 0.75 · Most common event earnings