Trinseo (NYSE:TSE) Full Year 2024 Results
Key Financial Results
- Revenue: US$3.51b (down 4.4% from FY 2023).
- Net loss: US$348.5m (loss narrowed by 50% from FY 2023).
- US$9.87 loss per share (improved from US$19.87 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Trinseo Earnings Insights
The primary driver behind last 12 months revenue was the Polymer Solutions segment contributing a total revenue of US$1.38b (39% of total revenue). Notably, cost of sales worth US$3.25b amounted to 92% of total revenue thereby underscoring the impact on earnings. The most substantial expense, totaling US$350.3m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how TSE's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Chemicals industry in the US.
Performance of the American Chemicals industry.
The company's shares are down 15% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Trinseo has 4 warning signs (and 3 which make us uncomfortable) we think you should know about.
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