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) has announced a quarterly cash dividend declaration. The company's board approved a dividend payment of $0.08 per share of common stock. Shareholders who are recorded as stockholders at the close of business on March 3, 2025, will receive the dividend payment on March 17, 2025.
Element Solutions Inc (NYSE:ESI) has scheduled its 2024 fourth quarter and full year earnings release for Tuesday, February 18, 2025, after market close. The company will host a webcast/dial-in conference call to discuss the financial results on Wednesday, February 19, 2025, at 8:30 a.m. Eastern Time.
CEO Benjamin Gliklich and CFO Carey J. Dorman will participate in the call. Investors can join via telephone at 888-510-2346 (domestic) or 646-960-0111 (international) using Conference ID: 3799230. A simultaneous webcast will be available on the company's website, with a replay accessible afterward.
Element Solutions (NYSE:ESI) announced that CEO Benjamin Gliklich will participate in a fireside chat at the UBS Global Technology and AI Conference in Scottsdale, AZ on December 3, 2024, at 7:35 a.m. MST. The company will provide a live audio webcast of the discussion and make a replay available on their investor relations website.
Element Solutions (NYSE: ESI) has announced a quarterly cash dividend of $0.08 per share for Q4. The dividend will be distributed on December 16, 2024, to shareholders recorded as of the close of business on December 2, 2024.
Element Solutions (NYSE:ESI) reported strong Q3 2024 financial results with net sales of $645 million, up 8% year-over-year, and 6% organic growth. The company posted a net income of $40 million compared to a loss of $32 million in Q3 2023. Adjusted EBITDA reached $143 million, increasing 6%. The Electronics segment led growth with a 14% increase in net sales to $419 million, while Industrial & Specialty saw a 3% decrease to $226 million. The company announced the sale of MacDermid Graphics Solutions for $325 million and updated its full-year 2024 adjusted EBITDA guidance to $535-540 million.
Element Solutions Inc (NYSE:ESI) has announced the release date for its 2024 third quarter financial results. The company plans to disclose these results after the market closes on Monday, October 28th, 2024. Following this, Element Solutions will host a webcast/dial-in conference call to discuss the financial outcomes on Tuesday, October 29th, 2024, at 8:30 a.m. (Eastern Time).
The call will feature CEO Benjamin Gliklich and CFO Carey J. Dorman. Interested parties can join the call by dialing 888-510-2346 (domestic) or 646-960-0111 (international) and using the Conference ID: 3799230. Alternatively, the call will be webcast live on the company's website. A replay will be available shortly after the live call concludes.
Element Solutions Inc (NYSE:ESI) has announced an agreement to sell its MacDermid Graphics Solutions business to XSYS for an enterprise value of approximately $325 million. This sale represents substantially all of Element Solutions' Graphics Solutions reporting vertical. The transaction is expected to close in late 2024 or the first half of 2025, subject to customary conditions and regulatory approvals.
Key points:
- Net proceeds will be used to reduce leverage and for general corporate purposes
- An existing capital loss should offset nearly all taxable gains from the transaction
- The sale aligns with Element Solutions' strategy to focus on its core markets
- The company expects improved growth and cash flow conversion post-sale
Element Solutions Inc (NYSE:ESI) has announced its participation in the UBS Global Materials Conference in New York. CEO Benjamin Gliklich will engage in a fireside chat on September 4, 2024, at 12:10 p.m. EDT. This event presents an opportunity for investors and industry analysts to gain insights into the company's strategies and market position.
The company will provide a live audio webcast of the discussion, which will be accessible through the Investors section of Element Solutions' official website. For those unable to attend or listen live, a replay of the webcast will also be made available on the same platform, ensuring wide accessibility to the company's presentation.
Element Solutions Inc (NYSE: ESI) has declared a quarterly cash dividend of $0.08 per share for its common stock. This dividend will be paid on September 13, 2024 to stockholders of record as of the close of business on August 30, 2024. The announcement demonstrates the company's commitment to returning value to shareholders through regular dividend payments. This quarterly dividend aligns with Element Solutions' previous dividend distributions, maintaining consistency in its shareholder remuneration policy.
Element Solutions Inc (NYSE:ESI) reported strong Q2 2024 financial results, with net sales of $613 million, up 5% year-over-year. Reported net income surged 213% to $93 million, while adjusted EBITDA increased 16% to $135 million. The Electronics segment saw a 10% net sales increase, driven by high-performance computing, data centers, and semiconductor fabrication demand. Despite subdued global industrial markets, ESI achieved substantial margin expansion due to favorable product mix and lower raw material costs.
The company raised its full-year 2024 adjusted EBITDA guidance to $530-$545 million, representing approximately 15% constant currency growth at the midpoint. ESI expects free cash flow between $280-$300 million for 2024. CEO Benjamin Gliklich expressed confidence in several years of record earnings ahead, citing the ongoing multi-year recovery in electronics markets and strong strategic execution.