Trinseo PLC · OTC:TSEOQ
Trinseo — Q3 2026 Earnings Presentation
12 slides from Trinseo's earnings presentation, Nov 9, 2026
Slide 1: Third Quarter 2026 Financial Results
Third Quarter 2026 Financial Results November 9, 2026 Trademark of Trinseo PLC or its affiliates 1
Slide 2: Disclosure Rules
Disclosure Rules This presentation may contain forward-looking statements including, without limitation, statements concerning plans, objectives, goals, projections, forecasts, strategies, future events or performance, and underlying assumptions and other statements, which are not statements of hist
Slide 3: Summary
Summary • Net loss of $49 million and EPS of negative $0.05 included $43 million of reorganization items, net and $56 million of lower interest expense Q3 2026 Results • Adjusted EBITDA* of $51 million was $21 million above prior year, primarily from favorable net timing, higher equity income from A
Slide 4: Q3 2026 Sales and Volume Summary
Q3 2026 Sales and Volume Summary Third Quarter Volume Drivers: Q3 Net sales in $millions Q3 Volume variances exclude styrene-related sales Europe • Lower volumes in Polymer Solutions mainly from Rest of World polystyrene and to a lesser extent ABS, due to weak end $32 market demand following pre-buy
Slide 5: Trinseo Q3 2026 Financial Results
Trinseo Q3 2026 Financial Results Net Sales & Net Loss EPS ($) Adjusted EBITDA* ($MM) ($MM) Q3'26 Q3'25 $51 Q3'26 Q3'25 $779 ($0.05) $743 $30 ($1.34) ($2.41) ($49) ($3.05) ($110) Net Sales Net Loss Diluted EPS Adj EPS* Q3'26 Q3'25 Net Sales Vol Price FX Total (8%) 13% (0%) 5% • Versus prior year: Ad
Slide 6: Engineered Materials
Engineered Materials Net Sales ($MM) Adjusted EBITDA ($MM) Volume (kt) $273 $259 70 61 $34 $24 Qtr3 2026 Qtr3 2025 Qtr3 2026 Qtr3 2025 Qtr3 2026 Qtr3 2025 Vol Price FX Total (8%) 3% (0%) (5%) • Versus prior year: Adjusted EBITDA decrease of $10 million was due to lower margins related to lower medic
Slide 7: Latex Binders
Latex Binders Net Sales ($MM) Adjusted EBITDA ($MM) Volume (kt) $236 $198 97 97 $22 $17 Qtr3 2026 Qtr3 2025 Qtr3 2026 Qtr3 2025 Qtr3 2026 Qtr3 2025 Vol Price FX Total 3% 16% (0%) 19% • Versus prior year: Adjusted EBITDA was $5 million above prior year primarily due to favorable net timing and higher
Slide 8: Polymer Solutions
Polymer Solutions Net Sales ($MM) Adjusted EBITDA ($MM) Volume* (kt) $283 $271 166 140 $12 $4 Qtr3 2026 Qtr3 2025 Qtr3 2026 Qtr3 2025 Qtr3 2026 Qtr3 2025 Vol Price FX Total (15%) 20% (1%) 4% • Versus prior year: Adjusted EBITDA of $12 million was $8 million above prior year primarily due to favorabl
Slide 9: Liquidity (Q3 2026)
Liquidity (Q3 2026) Cash and Borrowing Facilities ($ millions) Liquidity Details: • As of September 30, 2026, the Revolving Credit Facility is included Revolving Credit within liabilities subject to compromise, along with other prepetition $0 Facility indebtedness; therefore, the Company did not hav
Slide 10: Appendix
Appendix 10
Slide 11: Segment Information
Segment Information (in $millions, unless noted) Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 2024 2025 Engineered Materials 78 88 74 71 72 76 70 63 72 70 61 310 282 Latex Binders 119 111 106 97 98 92 97 93 98 102 97 434 380 Polymer Solutions 204 174 167 172 174 165 166 161 162
Slide 12: US GAAP to Non-GAAP Reconciliation
US GAAP to Non-GAAP Reconciliation (in $millions, unless noted) Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 2024 2025 Net Loss (75.5) (67.8) (87.3) (117.9) (79.0) (105.5) (109.7) (251.4) (115.9) (119.6) (49.0) (348.5) (545.6) Interest expense, net 63.0 64.7 72.3 67.5 66.6 69.5