Price: $4.0300
$0.12
3.069%
|
Day's High:
| $4.08
| Week Perf:
| 0.00
|
Day's Low: |
$ 3.86 |
30 Day Perf: |
-19.4 % |
Volume (M): |
286 |
52 Wk High: |
$ 7.05 |
Volume (M$): |
$ 1,153 |
52 Wk Avg: |
$3.98 |
Open: |
$3.94 |
52 Wk Low: |
$1.94 |
|
|
Market Capitalization (Millions $) |
142 |
Shares
Outstanding (Millions) |
35 |
Employees |
3,100 |
Revenues (TTM) (Millions $) |
3,675 |
Net Income (TTM) (Millions $) |
-701 |
Cash Flow (TTM) (Millions $) |
-49 |
Capital Exp. (TTM) (Millions $) |
63 |
Trinseo Plc
Trinseo S.A. is a public limited liability company (société anonyme)
formed in 2010 and existing under the laws of Luxembourg. Prior to our formation,
our business was wholly owned by Dow. On June 17, 2010, investment funds advised
or managed by affiliates of Bain Capital acquired our business and Dow Europe.
During 2016, Bain Capital divested its entire ownership in the Company in a
series of secondary offerings to the market.
We are a leading global materials company engaged in the manufacture and marketing
of synthetic rubber, latex binders, and plastics, including various specialty
and technologically differentiated products. We have leading market positions
in many of the markets in which we compete. Our products that are incorporated
into a wide range of our customers’ products throughout the world, including
tires and other products for automotive applications, carpet and artificial
turf backing, coated paper, specialty paper and packaging board, food packaging,
appliances, medical devices, consumer electronics and construction applications,
among others. We have long-standing relationships with a diverse base of global
customers, many of whom are leaders in their markets and rely on us for formulation,
technological differentiation, and compounding expertise to find sustainable
solutions for their businesses. Many of our products represent only a small
portion of a finished product’s production costs, but provide critical
functionality to the finished product and are often specifically developed to
customer specifications. Therefore, we seek to regularly develop new and improved
products and processes, supported by our intellectual property portfolio, designed
to enhance our customers’ product offerings. We believe these product
traits result in substantial customer loyalty for our products.
We have significant manufacturing and production operations around the world,
which allow us to serve our global customer base. Our production facilities
included 30 manufacturing plants (which included a total of 75 production units)
at 23 sites across 12 countries, including joint ventures and contract manufacturers.
Additionally, as of December 31, 2016, we operated 10 research and development
(“R&D”) facilities globally, including mini plants, development
centers and pilot coaters, which we believe are critical to our global presence
and innovation capabilities. Our significant global operations provide geographic
revenue diversity, and diversity in end markets for our products.
We operate our business in two divisions: Performance Materials and Basic Plastics
& Feedstocks. Our two divisions are of similar size in terms of sales, but
have different margin profiles, different strategic focus, different value drivers
and different operating requirements. By organizing in this way, we believe
that we can best manage and operate the Company, focusing on accelerating the
growth of our Performance Materials division and improving the profitability
of our Basic Plastics & Feedstocks division.
Our chief executive officer, who is our chief operating decision maker, previously
managed our operations under four reporting segments: Latex, Synthetic Rubber,
Performance Plastics, and Basic Plastics & Feedstocks. Effective October
1, 2016, the Company realigned its reporting segments in order to provide increased
clarity and understanding around the drivers of profitability and cash flow
in our business. First, the previous Basic Plastics & Feedstocks segment
was split into three new segments: Basic Plastics, which includes polystyrene,
copolymers, and polycarbonate; Feedstocks, which represents our styrene monomer
business; and Americas Styrenics, which reflects the equity earnings from our
50%-owned styrenics joint venture. In addition, certain highly differentiated
acrylonitrile-butadiene-styrene (or ABS) supplied into Performance Plastics
markets, which was previously included in the results of Basic Plastics &
Feedstocks, is now included in Performance Plastics. Finally, the Latex segment
was renamed to Latex Binders.
Company Address: 440 East Swedesford Road Wayne 19087 PA
Company Phone Number: 240-3200 Stock Exchange / Ticker: NYSE TSE
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Customers Net Income fell by |
TSE's Customers Net Profit Margin fell to |
-31.24 % |
7.8 %
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Stock Performances by Major Competitors |
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Business Update
Published Tue, Oct 1 2024 12:47 AM UTC
Navigating Change: Trinseo Embarks on Strategic Restructuring for Sustainable Growth In an era marked by dynamic market fluctuations and evolving customer needs, adaptability has become the cornerstone of sustained success. Trinseo (NYSE: TSE), a burgeoning leader in specialty materials solutions, has resolutely embraced this paradigm. The company, renowned for its innovativ...
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Business Update
Published Mon, Sep 30 2024 11:47 PM UTC
In the hallowed corridors of corporate stewardship, the imperatives of growth, profitability, and judicious resource management reign supreme, particularly within the relentless crucible of the contemporary market realms. Trinseo Plc (NYSE: TSE), a distinguished purveyor of specialty materials solutions, embarks upon a profound restructuring initiative poised to elevate the ...
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Business Update
Published Thu, Jul 18 2024 8:47 PM UTC
Innovative Financing: Trinseo Teams Up with KKR Amid Challenging Economic Environment In a dynamic financial maneuver, Trinseo PLC (NYSE: TSE), a renowned specialty material solutions provider, has unveiled a significant new receivables financing facility. Announced on Thursday, the special purpose finance entity, Styron Receivables Funding Designated Activity Company, has s...
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Dividend
Published Fri, Jun 28 2024 4:48 AM UTC
Trinseo Corrects Record Date for Quarterly Dividend Release In a recent press release, Trinseo (NYSE: TSE) announced a correction to its previously issued dividend release. The original press release, dated June 27, 2024, stated that the quarterly dividend would be $0.01 per share and that the record date for the dividend was July 7, 2024. However, this information was f...
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Dividend
Published Thu, Jun 27 2024 6:04 PM UTC
Trinseo Announces Quarterly Dividend and Stock Performance Analysis Trinseo Plc s decision to authorize a quarterly dividend of $0.01 per share may seem like a small amount, but it reflects the company s commitment to returning value to shareholders. This cash distribution, payable on July 22, 2024, shows that Trinseo is confident in its financial position and ability to...
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Per Share |
Current |
Earnings (TTM) |
-19.83 $ |
Revenues (TTM) |
104.19 $
|
Cash Flow (TTM) |
- |
Cash |
5.95 $
|
Book Value |
-
|
Dividend (TTM) |
0.05 $ |
|
Per Share |
|
Earnings (TTM) |
-19.83 $
|
Revenues (TTM) |
104.19 $ |
Cash Flow (TTM) |
- |
Cash |
5.95 $
|
Book Value |
- |
Dividend (TTM) |
0.05 $ |
|
|
|
On February 12 2024 the Trinseo Plc provided following guidance
Trinseo Plc., a company listed on the New York Stock Exchange under the ticker symbol TSE, has reported its financial results for the fourth quarter and full year of 2023. The company is headquartered in Wayne, Pennsylvania.
For the three months ended December 31, 2023, Trinseo reported net sales of $837 million, compared to $975 million in the same period of the previous year. For the full year of 2023, net sales amounted to $3.675 billion, a decrease from $4.966 billion in 2022.
Trinseo also reported a net loss from continuing operations of $265 million for the fourth quarter of 2023, compared to a net loss of $364 million in the same period of the previous year. For the full year of 2023, th...
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