Element Solutions (ESI) Tops Q4 EPS by 3c

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Element Solutions Inc Announces Record Fourth Quarter and Full Year Financial Results Since its Launch in 2019

February 24, 2021 4:30 PM EST

2020 net sales of $1.85 billion, an increase of 1% on a reported basis or a decline of 3% on an organic basis from 2019 2020 GAAP diluted EPS of $0.31, compared to $0.30 in 2019 2020 adjusted EPS of $0.96, compared to $0.88 in 2019, an increase of 9% 2020 reported net income of $77 million, compared to $80 million in 2019 2020 adjusted EBITDA of $423 million, an increase of 2% from last year on a constant currency basis 2020 cash flows from operating activities of $276 million; 2020 free cash flows of $249 million Introduced 2021 full year financial guidance: Adjusted EBITDA growth of approximately 7%... More