Trinseo PLC (TSE) Form 8-K — Nov 9, 2026
Trinseo reported Q3 2026 net sales of $779 million (up 5% YoY) and a net loss of $49 million, a $61 million improvement versus the prior year, with Adjusted EBITDA of $51 million up $21 million on margin gains, Americas Styrenics equity income, and restructuring savings. The quarter is playing out against an active Chapter 11 process: lender mediation concluded without an agreement on October 28, and the company awaits a final judgment in its debt restructuring, with reorganization items of $43 million and $56 million of interest expense savings from the automatic stay.
Key figures
- Revenue
- 778.7
- Guidance
- Chapter 11 emergence anticipated in early 2027
- Revenue Yoy
- 5%
- Cash Position
- 180.9
- Shares Outstanding
- 36.6 million weighted average (Q3 2026)
- Restricted cash
- 32.1
- Total liquidity
- 186
- Free cash flow q3 2026
- 14.6
- Adjusted ebitda q3 2025
- 30.4
- Adjusted ebitda q3 2026
- 51
- Ar securitization drawn
- 145
- Interest expense q3 2026
- 15.1
- Cash from operations q3 2026
- 25.9
- Dip facility borrowing 9m 2026
- 142.5
- Restructuring professional fees
- ~$50 million
- Reorganization items net q3 2026
- 43.2
- Liabilities subject to compromise
- 2559.2
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