Welcome to our dedicated page for Element Solutions news (Ticker: ESI), a resource for investors and traders seeking the latest updates and insights on Element Solutions stock.
Element Solutions Inc (NYSE: ESI) is described in its own disclosures as a global and diversified specialty chemicals or specialty chemical technology company. Its news flow reflects this focus on specialized materials and technologies that support manufacturing in consumer electronics, power electronics, semiconductor fabrication, communications and data storage infrastructure, automotive systems, industrial surface finishing, consumer packaging in some descriptions, and offshore energy.
News about Element Solutions Inc often covers financial results and outlook, including quarterly earnings releases and guidance updates. The company files Form 8-K reports to furnish press releases on its results and to discuss non-GAAP measures such as adjusted EBITDA. Investors following ESI can use these updates to track trends in its Electronics and Specialties (formerly Industrial & Specialty) segments and to see how management characterizes demand in key end markets.
Another recurring theme in Element Solutions news is capital allocation and corporate actions. The company has announced quarterly cash dividends on its common stock and has communicated plans for debt financing, such as an add-on to an existing senior secured term loan B, with stated intentions to fund acquisitions. These items appear alongside commentary on leverage, cash flow, and other financial considerations in the company’s own materials.
Element Solutions also issues news about strategic acquisitions and portfolio evolution. Recent releases describe a completed acquisition of EFC Gases & Advanced Materials, which brings high-purity specialty and rare gases and advanced materials into the Specialties segment, and a signed agreement to acquire Micromax, a business providing advanced electronic inks and pastes that is expected to join the MacDermid Alpha Electronics Solutions business within the Electronics segment upon closing. Conference participation announcements and investor event schedules provide additional context for how the company engages with the investment community.
For readers and investors, the ESI news feed offers a centralized view of these developments, from earnings and dividends to acquisitions and segment updates, based on information directly released by the company and referenced in its SEC filings.
Element Solutions Inc (NYSE:ESI) is scheduled to announce its 2022 first quarter financial results after the market closes on April 27, 2022. A conference call will take place at 8:30 a.m. ET on April 28, 2022, featuring President and CEO Benjamin Gliklich and CFO Carey J. Dorman. Interested parties can listen via telephone or through a live webcast on the company’s website. A replay will be available shortly after the call.
Element Solutions is a leading specialty chemicals firm providing innovative solutions across various industries.
Element Solutions reported 2021 net sales of $2.40 billion, a 29% increase from 2020. GAAP diluted EPS rose to $0.82 from $0.31. Adjusted EPS jumped 44% to $1.38. A net income of $203 million was recorded versus $77 million in 2020. The company projects 2022 adjusted EBITDA between $575 million and $590 million, with adjusted EPS expected at $1.55 to $1.60. Notably, free cash flow is anticipated to rise to $310 million to $325 million. The company also announced a cash dividend of $0.08 per share.
Element Solutions Inc (NYSE:ESI) announced that its CEO Benjamin Gliklich will participate in a fireside chat at the Bank of America 2022 Global Agriculture and Materials Conference on Thursday, March 3, 2022, at 10:10 a.m. ET. A live webcast will be available in the Investors section of www.elementsolutionsinc.com, where presentation slides will also be shared beforehand.
Element Solutions, a leading specialty chemicals company, focuses on innovative solutions across various industries, enhancing the performance of everyday products.
Element Solutions Inc (NYSE: ESI) has declared a quarterly cash dividend of $0.08 per share, scheduled for payment on March 15, 2022, to stockholders of record by the close of business on March 1, 2022. This decision reflects the company's commitment to returning value to shareholders. Element Solutions is recognized for its innovative specialty chemicals that enhance product performance across various industries, including consumer electronics, automotive systems, and semiconductor fabrication.
Element Solutions Inc (NYSE:ESI) will release its fourth quarter and full-year financial results on February 22, 2022, after market close. The company will host a conference call on February 23, 2022, at 8:30 a.m. ET, featuring CEO Benjamin Gliklich and CFO Carey J. Dorman. Additionally, an investor day is scheduled for February 24, 2022, in Miami Beach, Florida, where further insights will be shared. Interested participants can access the call via telephone or the company's website.
Element Solutions Inc (NYSE:ESI) has acquired HSO Herbert Schmidt GmbH & Co. KG, a German developer of surface finishing technology. Founded in 1936, HSO specializes in environmentally sustainable products and was certified as a climate-neutral electroplating operation in 2021. This tuck-in acquisition will enhance Element Solutions’ Industrial & Specialty segment, leveraging HSO's advanced solutions for decorative and functional surface finishing, particularly in Plating on Plastics.
Element Solutions Inc (NYSE:ESI) reported a cyber intrusion affecting its IT systems but indicated that the impact is limited. The company has enacted business continuity protocols and engaged cybersecurity experts to manage the situation. Importantly, Element Solutions reassured stakeholders that its outlook for net sales and adjusted EBITDA for 2022 remains unchanged. The company also reconfirmed its full-year 2021 guidance, expecting adjusted EBITDA at or above the midpoint of the previously communicated range.
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Element Solutions Inc (NYSE: ESI) has declared a quarterly cash dividend of $0.08 per share, to be paid on December 15, 2021, with the record date set for December 1, 2021. Additionally, the company announced a significant $565 million increase to its stock repurchase program, raising the total authorization to $750 million. This increase allows for opportunistic repurchases at the company's discretion, showcasing confidence in enhancing shareholder value.
Element Solutions Inc (NYSE:ESI) has announced that CEO Benjamin Gliklich will engage in a virtual fireside chat at the Morgan Stanley Global Chemicals, Agriculture and Packaging Conference on November 11, 2021, at 1:15 p.m. ET. A live webcast will be accessible in the Investors section of their website. Element Solutions is a leading specialty chemicals company, providing innovative solutions for industries such as consumer electronics, automotive systems, and offshore energy. For more details, visit www.elementsolutionsinc.com.