Trinseo Sees Q2 2024 Net Loss Of $(53)M-$(38)M; Adj EBITDA Of $60M-$75M
Trinseo Sees Q2 2024 Net Loss Of $(53)M-$(38)M; Adj EBITDA Of $60M-$75M
2024 Outlook
2024 年展望
- Second quarter 2024 net loss of $53 million to $38 million
- Second quarter 2024 Adjusted EBITDA of $60 million to $75 million
- 2024 年第二季度净亏损为 5,300 万美元，至 3,800 万美元
- 2024年第二季度调整后的息税折旧摊销前利润为6,000万美元至7,500万美元
Commenting on the second quarter outlook, Bozich said, "We are seeing the positive earnings momentum from the end of the first quarter continue into the second quarter, including similar sales and margin levels to start the quarter. I am confident in a significant sequential profitability improvement as the turnaround at Americas Styrenics is behind us, and as we enter the seasonally stronger period for many of our building and construction applications. Additionally, there has been continued tightness in the styrene and MMA markets that is supportive of continued higher margins. We also expect a sequential free cash flow improvement from higher profitability and moderating styrene prices."
博齐奇在评论第二季度展望时说：“我们认为，从第一季度末到第二季度的积极盈利势头将持续到第二季度，包括与本季度初相似的销售额和利润水平。我对盈利能力的连续显著提高充满信心，因为美洲苯乙烯的转机已经过去，以及我们许多建筑和施工应用进入季节性强劲时期。此外，苯乙烯和综合格斗市场持续紧张，这支撑了利润率的持续提高。我们还预计，通过提高盈利能力和放缓苯乙烯价格，自由现金流将持续改善。”
Bozich continued, "As expected, we are seeing the financial benefits of our asset and cost optimization actions that we implemented over the past 18 months, and we continue to evaluate additional actions including the potential closure of the Stade, Germany virgin polycarbonate plant. Finally, while we had more than adequate access to liquidity to end the quarter and we are seeing positive earnings momentum, liquidity preservation remains our top priority."
博齐奇继续说：“正如预期的那样，我们看到了我们在过去18个月中实施的资产和成本优化措施所带来的财务收益，我们将继续评估其他行动，包括可能关闭德国施塔德原生聚碳酸酯工厂。最后，尽管到本季度末我们有足够的流动性，而且我们看到了积极的盈利势头，但流动性保持仍然是我们的首要任务。”