Trinseo (TSE) Tops Q4 EPS by 4c, FY16 EPS Guidance Tops Consensus

Trinseo Reports Record 2015 Adjusted EBITDA of $492 Million; Increases 2016 Outlook

March 2, 2016 4:05 PM EST

BERWYN, Pa.--(BUSINESS WIRE)-- Trinseo:

Year Ended 2015 Summary

Net Income of $134 million Record Adjusted EPS of $4.59, inclusive of $0.94 unfavorable impact from inventory revaluation Record Adjusted EBITDA of $492 million and Adjusted EBITDA excluding inventory revaluation of $550 million Record free cash flow of $316 million excluding $69 million of call premiums

Fourth Quarter 2015 Summary

Net Income of $43 million Adjusted EPS of $1.11, inclusive of $0.28 unfavorable impact from inventory revaluation Adjusted EBITDA of $116 million ($133 million excluding inventory revaluation) Free cash flow of $117 million     Three Months Ended Year Ended December 31,   September 30,   December 31, $millions, except per share data 2015   2014 2015   2015  ... More