Trinseo Q3 2025 Financial Results and Outlook

Financial Performance

Trinseo reported a net loss of $110 million for the third quarter of 2025, with an EPS of negative $3.05. Adjusted EBITDA was $30 million, impacted by $9 million in unfavorable net timing and negative equity income from Americas Styrenics due to an unplanned outage. Cash used in operations was $22 million, and capital expenditures were $16 million, resulting in a negative free cash flow of $38 million, a $35 million decrease from the previous year.

Cash and Liquidity

At the end of the third quarter, Trinseo had $114 million in cash, with $2 million restricted, and total liquidity of $346 million.

Strategic Initiatives

Trinseo announced plans to cease virgin MMA production at its Italian facilities and repurpose the Rho asset for recycled PMMA. Additionally, the company intends to close its polystyrene asset in Germany. These actions are expected to improve annual profitability by $30 million and reduce capital expenditures by $10 million. The estimated cash costs to achieve these changes are between $60 million and $70 million, with $22 million projected for 2026, phased over three years to ensure cash savings offset costs annually.

Conference Call

Trinseo will host a conference call to discuss its third quarter 2025 financial results on Friday, November 7, 2025, at 10:30 a.m. Eastern Time. Key executives, including Frank Bozich, President and CEO, David Stasse, Executive Vice President and CFO, and Bee van Kessel, Senior Vice President, Corporate Finance and Investor Relations, will comment on the results.