Trinseo PLC reported Year Ended December 31, 2022 results: revenue 4966, net income -428, EPS -11.91.
“ Three Months Ended Year Ended December 31, December 31, $millions, except per share data 2022 2021 2022 2021 Net Sales $ 975 $ 1,298 $ 4,966 $ 4,827 Net Income (Loss) from continuing operations (364) 1 (428) 280 Diluted EPS from continuing operations ($) (10.42) 0.04 (11.91) 7.07 Adjusted Net”
Earnings Releases
Trinseo PLC reported Three Months Ended December 31, 2022 results: revenue 975.
“quarter run rate Three Months Ended Year Ended December 31, December 31, $millions, except per share data 2022 2021 2022 2021 Net Sales $ 975 $ 1,298 $ 4,966 $ 4,827 Net Income (Loss) from continuing operations (364) 1 (428) 280 Diluted EPS from continuing operations ($) (10.42) 0.04 (11.91) 7.07”
Earnings Releases
Trinseo PLC reported Full-year ended December 31, 2022 results: net income Net loss from continuing operations of $432 million to $427 million. Guidance lowered.
“Full-Year 2022 Expected Results ● Net loss from continuing operations of $432 million to $427 million and Adjusted EBITDA* of $309 million to $314 million”
Earnings Releases
Trinseo PLC reported Fourth quarter and year ended December 31, 2022 results: net income Net loss from continuing operations of $367 million to $362 million (Q4); Net loss from continuing operations of $432 mi. Guidance lowered.
“Fourth Quarter 2022 Expected Results ● Net loss from continuing operations of $367 million to $362 million and Adjusted EBITDA* of $4 million to $9 million”
Restructurings & Charges
Trinseo PLC announced a restructuring with charges of $79 million to $89 million affecting Boehlen, Germany styrene plant; Stade, Germany polycarbonate line; Matamoros, Mexico PMMA sheet site; Hamina, Finland SB latex plant.
“The Company expects to incur total restructuring charges in connection with the Restructuring Plan ranging from approximately $79 million to $89 million.”
Earnings Releases
Trinseo PLC reported the third quarter ended September 30, 2022 results: revenue $1,178, net income ($118), EPS ($3.35).
“containing recycled materials increased 65% versus prior year Three Months Ended September 30, $millions, except per share data 2022 2021 Net Sales $ 1,178 $ 1,269 Net Income (Loss) from continuing operations (118) 79 Diluted EPS from continuing operations ($) (3.35) 2.01 Adjusted Net Income (Loss)* (103) 80 Adjusted EPS”
Andre Lanning was appointed as Senior Vice President and Chief Commercial Officer at Trinseo PLC.
“On February 21, 2022, Trinseo PLC (the “Company”) announced that Andre Lanning had been appointed as Senior Vice President and Chief Commercial Officer, effective as of March 1, 2022.”
Paula M. Cooney was appointed as Senior Vice President, Chief Human Resources Officer at Trinseo PLC.
“Effective as of November 29, 2021, Paula M. Cooney, will join the Company as Senior Vice President, Chief Human Resources Officer.”
Alice Heezen departed as Senior Vice President, Human Resources at Trinseo PLC.
“On October 27, 2021, Trinseo PLC (the “Company”) announced that Alice Heezen, the Company’s Senior Vice President, Human Resources is leaving the Company to pursue other opportunities.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.