Element Solutions Inc Increases Second Quarter and Full Year Guidance
Element Solutions Inc (“ESI” or the “Company”) announced today that it is raising its guidance range for the second quarter and full year 2024.
- Element Solutions Inc (“ESI” or the “Company”) announced today that it is raising its guidance range for the second quarter and full year 2024.
- ESI now expects adjusted EBITDA to be approximately $135 million in the second quarter and between $530 million and $545 million for the full year.
- President and CEO Benjamin Gliklich said, "The strength in our electronics business and improvement in our overall profitability have continued and, in certain areas, accelerated in the second quarter.
- Nonetheless, and despite what is a generally weaker industrial environment, we expect in 2024 to generate record adjusted EBITDA since the founding of Element Solutions in 2019.