Overview

* Trinseo ( TSE ) Q2 net sales fall 15% yr/yr, missing analyst expectations, per LSEG data

* Adjusted EBITDA of $42 mln misses estimates, driven by lower volumes and equity income

* Adjusted EPS of negative $2.12 misses analyst expectations

Outlook

* Trinseo ( TSE ) expects full-year 2025 net loss of approximately $320 mln

* Company forecasts 2025 adjusted EBITDA of around $200 mln

* Trinseo ( TSE ) projects negative free cash flow of $165 mln for 2025

* Company sees no recovery in demand due to trade uncertainty

Result Drivers

* COMPETITIVE PRICING - Lower margins in Polymer Solutions and Latex Binders due to competitive pricing pressures and lower plant utilization

* GEOPOLITICAL UNCERTAINTY - Customer hesitancy and order cancellations driven by increased geopolitical and trade uncertainty, per CEO Frank Bozich

* RESTRUCTURING SAVINGS - Restructuring initiatives partially offset lower volumes and equity income, contributing to adjusted EBITDA

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Sales Miss $784 mln $839.80

mln (2

Analysts

)

Q2 Miss -$2.12 -$1.49

Adjusted (4

EPS Analysts

)

Q2 Miss -$76 mln -$50.50

Adjusted mln (2

Net Analysts

Income )

Q2 Miss $42 mln $60.50

Adjusted mln (3

EBITDA Analysts

)

Q2 $26 mln

EBITDA

Q2 -$33.30

Operatin mln

g income

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the commodity chemicals peer group is "buy."

* Wall Street's median 12-month price target for Trinseo PLC ( TSE ) is $3.25, about 16.6% above its August 5 closing price of $2.71

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)