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    Alex Kelsey • Wells Fargo

    Alex Kelsey is an analyst at Wells Fargo, specializing in equity research and financial analysis with a focus on the broader financial sector. He covers a range of companies within the banking and finance industry, delivering data-driven insights for institutional clients. With a background in financial analytics, Alex began his career in investment research and has steadily advanced his expertise since joining Wells Fargo. He maintains active professional credentials, including FINRA registration and relevant securities licenses, underscoring his commitment to regulatory compliance and industry best practices.

    Alex Kelsey's questions to Trinseo PLC (TSE) leadership

    Alex Kelsey's questions to Trinseo PLC (TSE) leadership • Q4 2024

    Question

    Alex Kelsey asked for a breakdown of the new Engineered Materials segment's EBITDA, details on the Deepak Nitride license agreement, confirmation of a prior 2025 EBITDA estimate, and an update on cost-cut realization.

    Answer

    CEO Frank Bozich described the Deepak license as perpetual and the start of a strategic partnership to access the high-growth Indian market. He declined to confirm a prior full-year EBITDA estimate but reiterated confidence in positive momentum. CFO David Stasse confirmed the company will get the full run-rate of announced cost savings in 2025, including an incremental $25 million from SG&A restructuring.

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