Element Solutions Inc: Initiation Of Coverage – Increased Potency Of Kuprion Technology In Electronics Can Be A Major Growth Catalyst?

Element Solutions Inc’s second quarter of 2024 showcased a commendable performance with notable strides in
organic growth and margin expansion, reflecting efficient strategic execution despite broader market softness in
consumer electronics and industrial segments. The company reported a revenue increase of over 20% in their
Circuitry Solutions, primarily fuelled by robust demand in high-performance computing, artificial intelligence,
electric vehicles, and certain mobile markets. This growth was somewhat moderated by weaker demand in power
electronics and electronics assembly materials within some electric vehicle sectors.