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Trinseo PLC - $TSE STOCK NEWS

Welcome to our dedicated page for Trinseo PLC news (Ticker: $TSE), a resource for investors and traders seeking the latest updates and insights on Trinseo PLC stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Trinseo PLC's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Trinseo PLC's position in the market.

Rhea-AI Summary
Trinseo, a specialty material solutions provider, has released its 2023 Sustainability & Corporate Social Responsibility Report. Key sustainability data for 2022 includes a 24% reduction in greenhouse gas emissions, a 10% decrease in freshwater intake, and an increase in renewable energy sources to 13%. The injury rate was reduced to 0.25 per 200,000 hours worked, compared to an industry average of 3.30.
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-1.53%
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6.88%
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10.51%
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-6.29%
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Rhea-AI Summary
Trinseo reports first quarter 2023 financial results with a net loss of $49 million and diluted EPS of negative $1.40. Adjusted EBITDA of $36 million, including unfavorable impacts from natural gas hedges and fixed cost under absorption. Cash provided by operations of $45 million and capital expenditures of $22 million resulted in Free Cash Flow of $24 million. The company has announced the sale of a manufacturing facility for $19 million. Sales volume and variable margin of products containing recycled materials increased by 1%. Trinseo is implementing cash improvement initiatives expected to improve cash generation by over $100 million in 2023. They are also restarting the sales process for their Styrenics business.
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-2.67%
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-2.12%
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-2.9%
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-5.26%
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-0.9%
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Trinseo PLC

NYSE:TSE

TSE Rankings

TSE Stock Data

124.59M
34.70M
3.34%
84.19%
3.32%
Plastics Material and Resin Manufacturing
Manufacturing
Link
United States of America
WAYNE

About TSE

our company who we are trinseo is a world leader in the production of plastics, latex and rubber. a new kind of global materials company at the intersection of people, technology and customers. we are a new company built on seven decades of technology leadership. a company positioned to push the envelope for our customers and push great ideas as far as possible.