Trinseo PLC (NYSE:TSE) Q1 2022 Earnings Conference Call May 5, 2022 10:00 AM ET

Company Participants

Andrew Myers - Director of Investor Relations

Frank Bozich - President and Chief Executive Officer

David Stasse - Executive Vice President and Chief Financial Officer

Conference Call Participants

Frank Mitsch - Fermium Research

David Begleiter - Deutsche Bank

Hassan Ahmed - Alembic Global Advisors

Lawrence Alexander - Jeffries

Angel Castillo - Morgan Stanley

Matthew Blair - Tudor, Pickering, Holt & Company

Operator

Good morning, ladies and gentlemen, and welcome to the Trinseo First Quarter 2022 Financial Results Conference Call. We welcome the Trinseo management team, Frank Bozich, President and CEO, David Stasse, Executive Vice President and CFO, and Andy Myers, Director of Investor Relations.

Today’s conference call will include brief remarks by the management team, followed by a question-and-answer session. The company distributed its press release, along with its presentation slides, at close of market Wednesday, May 4th. These documents are posted on the company’s Investor Relations website and furnished on a Form 8-K filed with the Securities and Exchange Commission. [Operator Instructions]

I will now hand the call over to Andy Myers.

Andrew Myers

Thank you, Sara, and good morning, everyone. At this time, all participants are in a listen-only mode. After our prepared remarks, instructions will follow to participate in the question-and-answer session.

Our disclosure rules and cautionary note on forward-looking statements are noted on Slide two. During this presentation, we may make certain forward-looking statements, including issuing guidance and describing our future expectations. We must caution you that actual results could differ materially from what is discussed, described or implied in these statements.

Factors that could cause actual results to differ include, but are not limited to, risk factors set forth in Item 1A of our Annual Report on Form 10-K or in our other filings made with the Securities and Exchange Commission. The company undertakes no obligation to update or revise its forward-looking statements.

Today’s presentation includes certain non-GAAP measurements. A reconciliation of these measurements to corresponding GAAP measures is provided in our earnings release and in the appendix of our investor presentation. A replay of the conference call and transcript will be archived on the company’s Investor Relations website shortly following the conference call. The replay will be available until May 5, 2023.

Now, I’d like to turn the call over to Frank Bozich.

Frank Bozich

Thanks Andy, and welcome to our first quarter earnings call. We had a very good start to the year with continued solid earnings in the first quarter. Q1 results reflect the continued progress we have made in reshaping our portfolio, as it was one of the highest quarterly adjusted earnings results in the company's history.