Trinseo(TSE) - 2024 Q1 - Earnings Call Presentation
Trinseo(TSE)2024-05-10 03:46
Europe Asia 5 Q1'24 Q1'23 6 U.S. 4 • Styrene purchased via a mix of spot and contract prices • Q1 price increase contributed to working capital build, the majority of which we believe will reverse over the balance of the year Net Sales & Net Income ($MM) Q1'24 Q1'23 Net Sales Net Income Adjusted EBITDA* ($MM) Engineered Materials $4 ($12) Q1'24 Q1'23 Vol Price FX Total 3% (12%) 1% (8%) • Higher year-over-year volumes in paper & board applications, primarily in Asia Pacific • Adjusted EBITDA was $2 million a ...