MIAMI – Element Solutions has raised its guidance range for the second quarter and full year 2024, with its projected EBITDA to be approximately $135 million in the second quarter and between $530 million and $545 million for the full year.

"The strength in our electronics business and improvement in our overall profitability have continued and, in certain areas, accelerated in the second quarter," said president and CEO Benjamin Gliklich. Our wafer level packaging and circuitry businesses, in particular, have ramped to support strong customer growth these past two months. While electronic markets are recovering in certain pockets, overall unit and chemistry volumes remain below long-term trend levels. Nonetheless, and despite what is a generally weaker industrial environment, we expect in 2024 to generate record adjusted EBITDA since the founding of Element Solutions in 2019. This bodes well for our earnings trajectory next year and beyond. Our conviction in ESI’s longer-term outlook continues to strengthen."

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