Element Solutions Announces 2024 First Quarter Financial Results

Details

The company posted a GAAP diluted EPS of $0.23, compared to $0.18 for the same period last year, and adjusted EBITDA of $127 million, an increase of 13% on a reported basis and 17% on a constant currency basis. The company also increased its full year 2024 adjusted EBITDA guidance range to $515 million to $530 million. Press release and financial statements are furnished as Exhibit 99.1.

Items reported

Exhibits (1)

About Element Solutions Inc.

Element Solutions Inc. is a leading global specialty chemicals company dedicated to providing innovative solutions that enhance consumer products. This corporation operates predominantly in the industries of electronics, automotive, and consumer goods, providing advanced materials that improve product performance and sustainability. Key offerings include high-purity consumable chemicals such as coatings, adhesives, inks, and other specialty materials used in manufacturing processes. With a focus on sustainability and efficiency, Element Solutions Inc. significantly contributes to the technological advancements and environmental efforts in these sectors. The company collaborates closely with a wide range of businesses, ensuring their products meet diverse and evolving market needs. As such, Element Solutions Inc. holds a pivotal role in facilitating the development of next-generation technologies and supporting global industrial innovations.