Strong Start to 2025
Element Solutions started 2025 strong with mid-single digit organic growth despite challenges in automotive supply chains and Western smartphone markets.
Electronics Business Growth
The electronics segment grew 10% organically, driven by strong performance in semiconductor and power electronics technologies.
Wafer-Level Packaging Growth
Sales from wafer-level packaging products grew more than 20% due to high bandwidth memory applications and strong customer order patterns.
Adjusted EBITDA Growth
Adjusted EBITDA grew 5% year over year to $128 million, surpassing guidance targets, with a 9% growth in the electronics segment.
Balance Sheet Strength
The company's net leverage ratio is at its lowest level in history at 2.1 times, with a fully fixed capital structure and no debt maturities until 2028.