Trinseo reported strong Q3 2021 financial results with net sales increasing 87% versus prior year. Net income from continuing operations was $79 million, and Adjusted EBITDA was $173 million.
Strong net income from continuing operations of $79 million and diluted EPS from continuing operations of $2.01
Adjusted EBITDA of $173 million, including a $1 million unfavorable impact from net timing, and Adjusted EPS of $2.01
Cash from operations of $208 million and capital expenditures of $36 million resulted in Free Cash Flow of $173 million
Announces planned divestiture of its styrenics businesses with intent to launch a formal sales process in the first quarter of 2022
The company expects to finish the year with another strong quarter leading to a record year of earnings and reaffirms Adjusted EBITDA guidance despite industry headwinds.
Visualization of income flow from segment revenue to net income
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