Element Solutions Inc (NYSE:ESI) Q3 2024 Earnings Conference Call October 29, 2024 8:30 AM ET

Company Participants

Varun Gokarn – Vice President-Strategy and Integration
Ben Gliklich – President and Chief Executive Officer
Carey Dorman – Chief Financial Officer

Conference Call Participants

Josh Spector – UBS
John Roberts – Mizuho
Mike Harrison – Seaport Research Partners
Bhavesh Lodaya – BMO Capital Markets
Steve Byrne – Bank of America
Jon Tanwanteng – CJS Securities
Chris Parkinson – Wolfe Research
Mike Leithead – Barclays
David Silver – CL King

Operator

Good morning, ladies and gentlemen, and welcome to Element Solutions Q3 2024 Financial Results Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks there will be a question-and-answer session. [Operator Instructions] Thank you.

I will now turn the call over to Varun Gokarn, Vice President, Strategy and Integration. Please go ahead.

Varun Gokarn

Good morning and thank you for participating in our third quarter 2024 earnings conference call. Joining me today are our President and CEO, Ben Gliklich; and CFO, Carey Dorman. In accordance with Regulation FD, we are webcasting this conference call. A replay will be made available in the Investors section of the company’s website.

During today’s call, we will make certain forward-looking statements that reflect our current views about the company’s future performance and financial results. These statements are based on assumptions and expectations of future events, which are subject to risks and uncertainties. Please refer to our earnings release, supplemental slides and most recent SEC filings for a discussion of material risk factors that could cause actual results to differ from our expectations and predictions. These materials can be found on the company’s website in the Investors section under News and Events. Today’s materials also include financial information that has not been prepared in accordance with U.S. GAAP. Please refer to the earnings release and supplemental slides for definitions and reconciliations of these non-GAAP measures to comparable GAAP financial measures.

It is now my pleasure to introduce our CEO, Ben Gliklich.

Ben Gliklich

Thank you, Varun, and good morning, everyone. Thank you for joining. Element Solutions delivered strong results once again this quarter. Financially, operationally and strategically, we executed well. Our multiyear effort to target the highest value and fastest-growing segments of the electronic supply chain and position ourselves as key enablers of developing technologies is working. As the market has developed for our offering, supporting high-performance computing, data centers, event packaging using cutting-edge chip designs and power electronics for electric vehicles, our revenue has grown along with it. And because of these emerging growth vectors, our Electronics segment has outperformed sluggishness in more traditional electronics and industrial end markets this year.