Perimeter Solutions Inc

Perimeter Solutions SA provides global solutions and high-quality firefighting products and lubricant additives. It operates through the following segments: Fire Safety and Oil Additives. The Fire Safety segment consists of formulating, manufacture and sale of fire retardants and firefighting foams that assist in combating various types of fires, including wildland, structural, flammable liquids and others. The Oil Additives segment produces and sells high quality Phosphorus Pentasulfide (P2S5) primarily used in the preparation of lubricant additives, including a family of compounds called Zinc Dialkyldithiophosphates (“ZDDP”) that provide critical anti-wear protection to engine components. The company was founded on June 21, 2021 and is headquartered in Luxembourg.

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Perimeter Solutions SA reports mixed Q4 performance and outlines growth opportunities

Perimeter Solutions SA's Q4 2022 earnings call showcased a mixed performance with strengths in Specialty Products and prudent capital allocation.
Challenges included revenue decline in Fire Safety and missed Q4 expectations in Specialty Products due to inventory destocking.
The company faces opportunities in addressing operational challenges, navigating competitive dynamics, and exploring growth through M&A.

Perimeter Solutions reports mixed Q1 performance amidst M&A opportunities

Perimeter Solutions navigated a challenging Q1 2023 with mixed performance across segments and operational efficiency concerns.
The company's strong liquidity position and active pursuit of M&A opportunities position it well for future growth.
While facing challenges such as inventory destock and fire season variability, Perimeter Solutions remains focused on delivering shareholder value.

Perimeter Solutions SA reports Q2 challenges but eyes international growth

Perimeter Solutions SA faced challenges with declining sales and adjusted EBITDA in Q2 2023, particularly in Fire Safety and Specialty Products segments.
Despite these challenges, the company demonstrated strengths in international markets and operational efficiency, with opportunities for growth through strategic initiatives.
Effective cash and capital allocation strategies are key to driving future performance and navigating uncertainties in market conditions.
Overall, Perimeter Solutions SA remains focused on enhancing unit economics and addressing operational challenges to drive sustainable growth and profitability.

Perimeter Solutions SA reports Q3 declines, focuses on strategic growth

Perimeter Solutions SA faced challenges with declining sales and adjusted EBITDA in Q3 2023, attributed to various factors impacting both business segments.
Despite these challenges, the company's strategic focus on high-quality businesses and share repurchase activities reflect a commitment to long-term value creation.
To improve performance, Perimeter Solutions SA should leverage opportunities in optimizing unit economics, international markets, and addressing weak demand in the Specialty Products segment.

Perimeter Solutions SA addresses challenges, eyes growth through strategic initiatives

Perimeter Solutions SA navigated challenging demand environments in 2023, with mixed financial performance in Fire Safety and Specialty Products segments.
The company's strategic focus on capital allocation, M&A opportunities, and transparency in financial reporting positions it for long-term growth and value creation.
Despite facing challenges, Perimeter Solutions SA remains proactive in addressing uncertainties, exploring growth opportunities, and optimizing operational efficiency.

Perimeter Solutions (PRM) reports strong Q1 performance and growth opportunities

Perimeter Solutions (PRM) delivered a robust performance in Q1 2024, driven by revenue growth in Fire Safety and Specialty Products segments.
The company's strategic focus on high-quality businesses, commitment to safety, and capital allocation strategies position it well for future growth.
While facing challenges such as managing restocking and regulatory revisions, PRM has opportunities to drive further growth through strategic initiatives and market expansion.

Perimeter Solutions excels in Q2 2024, eyes strategic growth

Perimeter Solutions delivered a strong Q2 performance with notable growth in revenue and adjusted EBITDA across key business segments.
The company's strategic focus on high-quality businesses, M&A targets, and corporate restructuring reflects a forward-looking approach to driving growth.
While challenges in maintaining growth and optimizing operations exist, opportunities for market expansion and efficiency enhancements are on the horizon.

Perimeter Solutions SA (PRM) reports robust Q3 performance and strategic outlook

Perimeter Solutions SA (PRM) delivered strong financial performance in Q3 2024, driven by revenue and EBITDA growth in key product segments.
The company's strategic focus on operational value drivers, capital allocation, and long-term financial assumptions positions it well for future growth.
While facing challenges such as industry competition and re-domiciliation, Perimeter Solutions SA (PRM) has opportunities to leverage its strengths and drive sustainable value creation.

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Perimeter Solutions SA engages in the provision of global solutions for fire safety and specialty products industries. It operates through the Fire Safety and Specialty Products segments. The Fire Safety segment formulates and manufactures fire management products. The Oil Additives segment produces and sells high quality Phosphorus Pentasulfide (P2S5) primarily used in the production of a family of compounds called Zinc Dialkyldithiophosphates (ZDDP), which is considered an essential component in the formulation of engine oils with its main function to provide anti-wear protection to engine components. The company was founded on June 21, 2021 and is headquartered in Luxembourg.

In-class and hands-on application course offered at no cost to fire departments, fire management organizations Clayton, Missouri--(Newsfile Corp. - July 11, 2023) - Perimeter Solutions (NYSE: PRM), a leading global manufacturer of high-quality firefighting products and lubricant additives, is conducting training sessions on the use of Class A and Class B foam application for fire departments and other interested fire management organizations around the United States. The four-hour "Know Your Foam" training course is offered at no cost and includes in-class instruction and hands-on application to train firefighters on the proper use of firefighting foam.

Perimeter Solutions Addresses Foam Knowledge Gap with "Know Your Foam" Training Sessions

PHOS-CHEK production facility supports wildfire prevention and protection efforts across North America Clayton, Missouri--(Newsfile Corp. - June 29, 2023) - Perimeter Solutions (NYSE: PRM), a leading global manufacturer of high-quality firefighting products and lubricant additives, welcomed Washington Public Lands Commissioner Hilary Franz for a tour of its manufacturing facility in Pasco, WA this week. Washington Public Lands Commissioner Hilary Franz met with employees and took a tour of the Perimeter Solutions manufacturing facility in Pasco, WA this week.

Perimeter Solutions Hosts Public Lands Commissioner Hilary Franz at Pasco, WA Manufacturing Site

Perimeter Solutions, SA (NYSE:PRM ) Q1 2023 Earnings Conference Call May 10, 2023 8:30 AM ET Company Participants Seth Barker - Investor Relations Haitham Khouri - Chief Executive Officer Charles Kropp - Chief Financial Officer Conference Call Participants Josh Spector - UBS Operator Greetings. Welcome to the Perimeter Solutions Q1 2023 Earnings Call.

Perimeter Solutions, SA (PRM) Q1 2023 Earnings Call Transcript

Solid Fire Safety performance in the seasonally small first quarter Improved sequential results in Specialty Products Over $10 million in share repurchases year to date in 2023 Clayton, Missouri--(Newsfile Corp. - May 10, 2023) - Perimeter Solutions, SA (NYSE: PRM) ("Perimeter" or the "Company"), a leading provider of mission-critical firefighting products and services, as well as high-quality lubricant additives, today reported financial results for its first quarter ended March 31, 2023. First Quarter 2023 Results Net sales decreased 24% to $43.9 million in the first quarter, as compared to $57.8 million in the prior year quarter.

Perimeter Solutions Reports First Quarter 2023 Financial Results

Clayton, Missouri--(Newsfile Corp. - April 28, 2023) - Perimeter Solutions (NYSE: PRM) ("Perimeter" or the "Company"), producers of PHOS-CHEK® long-term fire retardant and other high-quality firefighting products and lubricant additives, announced today it will release its financial results for the first quarter 2023 on Wednesday, May 10, 2023, before the market opens. The Company will host a conference call to discuss these results at 8:30 a.m.

Perimeter Announces Date for First Quarter 2023 Earnings Call

Shur-Sales to promote Perimeter's portfolio of foam and retardant solutions Clayton, Missouri--(Newsfile Corp. - April 25, 2023) - Perimeter Solutions (NYSE: PRM), a leading global manufacturer of high-quality firefighting products and lubricant additives, has entered into an agreement with Shur-Sales & Marketing Inc, making Shur-Sales a manufacturer's representative for Perimeter Solutions comprehensive line of firefighting solutions with special emphasis on Class A Foam and Ground Applied Retardant. Perimeter Solutions produces PHOS-CHEK® ground-based fire retardant to help communities improve their resilience and rapid response to wildfire.

Perimeter Solutions Adds Shur-Sales as Marketing Partner to Represent Company in Western US

Clayton, Missouri--(Newsfile Corp. - March 9, 2023) - The Board of Directors of Perimeter Solutions SA (NYSE: PRM) ("Perimeter" or the "Company") is pleased to announce the following modifications to the Company's senior management structure: Edward Goldberg will assume the position of Vice Chairman Haitham Khouri will assume the position of Chief Executive Officer "At Perimeter Solutions, we plan for the future. We have been leaders in the fire safety business for 60 years, and we intend to remain that way," said Nicholas Howley, co-Chairman of the Board of Directors.

Perimeter Solutions Enhances Senior Management Structure to Embrace the Future of the Fire Safety Industry

Perimeter Solutions, SA (NYSE:PRM ) Q4 2022 Earnings Conference Call February 28, 2023 8:30 AM ET Company Participants Seth Barker - Investor Relations Haitham Khouri - Vice Chairman Edward Goldberg - Chief Executive Officer Chuck Kropp - Chief Financial Officer Conference Call Participants Josh Spector - UBS Thomas Jonsson - Morgan Stanley Brian DiRubbio - Robert W. Baird Operator Greetings, and welcome to the Perimeter Solutions Fourth Quarter 2022 Earnings Call.

Perimeter Solutions, SA (PRM) Q4 2022 Earnings Call Transcript

Net sales decreased 1% year-over-year in 2022, due primarily to the mild North America fire season, and strong growth in Specialty Products Fire Safety Adjusted EBITDA decreased 34% in 2022 due primarily to the mild fire season; Specialty Products Adjusted EBITDA increased 104% in 2022 due primarily to strong value driver implementation Repurchased approximately 5.5M shares in the fourth quarter at an average price of $7.55; repurchased approximately 6.4M shares in full year 2022 at an average price of $7.65 Clayton, Missouri--(Newsfile Corp. - February 28, 2023) - Perimeter Solutions, SA (NYSE: PRM) ("Perimeter" or the "Company"), a leading provider of mission-critical firefighting products and services, as well as high-quality lubricant additives, today reported financial results for its fourth quarter ended December 31, 2022. Full Year 2022 Results Full year net sales decreased 1% to $360.5 million, as compared to $362.3 million in the prior year.

Perimeter Solutions Reports Fourth Quarter 2022 Results

Perimeter Solutions launches PHOS-CHEK 60th Anniversary Virtual Museum to Showcase Storied History of Iconic Brand CLAYTON, Miss., Jan. 11, 2023 /PRNewswire/ -- Perimeter Solutions (NYSE: PRM), a leading global manufacturer of high-quality firefighting products and lubricant additives, is proud to announce that PHOS-CHEK® long-term fire retardant is celebrating its 60th anniversary.

PHOS-CHEK® LONG-TERM FIRE RETARDANT MARKS 60 YEARS OF SAVING LIVES, PROTECTING PROPERTY

Perimeter Solutions has a virtual monopoly on fire retardants in the United States. The company enjoys a long history of successful delivery of its product.

Perimeter Solutions Belongs On Your Watchlist

Perimeter Solutions ( PRM , Financial) is a specialty chemicals company with a primary business in fire safety, which includes supplying wildfire retardants, firefighting and industrial fire suppressants, and preventative fire retardants. Perimeter has a smaller secondary specialty chemicals business which is a provider of niche engine oil additives.

Weitz Analyst Corner: Perimeter Solutions

Perimeter Solutions, SA (NYSE:PRM ) Q3 2022 Earnings Conference Call November 4, 2022 8:30 AM ET Company Participants Haitham Khouri - Vice Chairman Edward Goldberg - Chief Executive Officer Chuck Kropp - Chief Financial Officer Noriko Yokozuka - General Counsel, Corporate Secretary and Compliance Officer Seth Barker - Investor Relations Conference Call Participants Lucas Beaumont - UBS Connor Lynagh - Morgan Stanley Brian DiRubbio - Robert W. Baird Operator Ladies and gentlemen, greetings, and welcome to the Perimeter Solutions Q3 2022 Earnings Call.

Perimeter Solutions, SA (PRM) Q3 2022 Earnings Call Transcript

Net sales decreased 18% in Q3-2022 as compared to Q3-2021 driven by the mild North America fire season Fire Safety Q3 Adjusted EBITDA of $60.4 million; Specialty Products Q3 Adjusted EBITDA of $15.3 million Year-to-date net income of $123.7 million and consolidated Adjusted EBITDA of $123.3 million New $100.0 million share repurchase authorization * CLAYTON, Mo. , Nov. 4, 2022 /PRNewswire/ -- Perimeter Solutions, SA (NYSE: PRM) ("Perimeter" or the "Company"), a leading provider of mission-critical firefighting products and services, as well as specialty products used in several end markets, today reported financial results for the three and nine months ended September 30, 2022.

Perimeter Solutions Reports Third Quarter 2022 Financial Results

We are approaching the end of fire season in California. What has been great news for the people of California is likely to be bad news for Perimeter Solutions shareholders. Thus far in 2022, acreage burned from wildfires is less than 400,000 square feet which is down 85+% from record 2020-2021 levels.

Perimeter Solutions: Results Likely To Suffer From Benign California Fire Season

CLAYTON, Mo. , Oct. 24, 2022 /PRNewswire/ -- Perimeter Solutions (NYSE: PRM) ("Perimeter" or the "Company"), producers of PHOS-CHEK® long-term fire retardant and other high-quality firefighting products and lubricant additives, announced today it will release its financial results for the third quarter 2022 on Friday, November 4, 2022, before the market opens.

Perimeter Announces Date for Third Quarter 2022 Earnings Call

3x3 foam concentrate to achieve a full complement of hardware and sprinkler listings, including UL-listed non-aspirated sprinklers. CLAYTON, Mo.

Perimeter Solutions introduces SOLBERG® RE-HEALING™ Fluorine-Free 3x3 SP-100 Foam Concentrate

Perimeter Solutions operates as the only current player in the North American aerial fire retardant market, estimated conservatively at $300 million per year and growing. The company also operates in the phosphorus pentasulfide market, which is primarily an engine oil additive, but is currently being explored in other potential markets.

Perimeter Solutions: A Moat Full Of Alligators In The Aerial Retard Market

Perimeter Solutions SA (NYSE:PRM ) Q2 2022 Earnings Conference Call August 5, 2022 8:30 AM ET CompanyParticipant Noriko Yokozuka - General Counsel, Corporate Secretary & Compliance Officer Haitham Khouri - Vice Chairman & Director Edward Goldberg - CEO & Director Charles Kropp - CFO & Principal Accounting Officer Conference Call Participants Lucas Beaumont - UBS Connor Lynagh - Morgan Stanley Brian DiRubbio - Robert W. Baird Christopher Goolgasian - Wellington Management Company Operator Greetings, and welcome to the Perimeter Solutions' Second Quarter 2022 Earnings Call.

Perimeter Solutions SA (PRM) CEO Edward Goldberg on Q2 2022 Results - Earnings Call Transcript

Net sales increased 31% year-to-date, with solid growth in both the Fire Safety and Specialty Products businesses Adjusted EBITDA increased 39% year-to-date, with solid growth in both businesses Oil Additives renamed Specialty Products to better reflect the business's current and expanding applications and end-markets CLAYTON, Mo. , Aug. 5, 2022 /PRNewswire/ -- Perimeter Solutions, SA (NYSE: PRM) ("Perimeter" or the "Company"), a leading provider of mission-critical firefighting products and services, as well as specialty products used in several end markets, today reported financial results for its second quarter ended June 30, 2022.

Perimeter Solutions Reports Second Quarter 2022 Financial Results

CLAYTON, Mo. , August 1, 2022 /PRNewswire/ -- Perimeter Solutions (NYSE: PRM) ("Perimeter" or the "Company"), producers of PHOS-CHEK® long-term fire retardant and other high-quality firefighting products and oil additives, announced today it will release its financial results for the second quarter 2022 on Friday, August 5, 2022, before the market opens.

Perimeter Announces Date for Second Quarter 2022 Earnings Call

Emery brings more than 20 years of leadership experience to the company, having worked previously with Norgren, Scott Safety and 3M CLAYTON, Mo. , May 23, 2022 /PRNewswire/ -- Perimeter Solutions (NYSE: PRM), a leading global manufacturer of high-quality firefighting products and lubricant additives, announced today that it has named Jeff Emery as its President of Global Fire Safety.

Perimeter Solutions Names Industry Veteran Jeff Emery President of Global Fire Safety

Perimeter Solutions SA (NYSE:PRM ) Q1 2022 Earnings Conference Call May 9, 2022 8:30 AM ET Company Participants Noriko Yokozuka - General Counsel, Corporate Secretary & Compliance Officer Haitham Khouri - Vice Chairman & Director Edward Goldberg - CEO & Director Charles Kropp - CFO & Principal Accounting Officer Conference Call Participants Joshua Spector - UBS Brian DiRubbio - Robert W. Baird & Co. Matthew Pickering - Select Equity Group Operator Greetings.

Perimeter Solutions SA (PRM) CEO Edward Goldberg on Q1 2022 Results - Earnings Call Transcript

Net sales increased 70% year-over-year, with strong growth in both the Fire Safety and Oil Additives businesses Fire Safety Adjusted EBITDA increased in the seasonally modest first quarter Oil Additives Adjusted EBITDA increased 97% in Q1, driven by execution on our operational value drivers CLAYTON, Mo. , May 9, 2022 /PRNewswire/ -- Perimeter Solutions, SA (NYSE: PRM) ("Perimeter" or the "Company"), a leading provider of mission-critical firefighting products and services, as well as high-quality lubricant additives, today reported financial results for its first quarter ended March 31, 2022.

Perimeter Solutions Reports First Quarter 2022 Financial Results

CLAYTON, Mo. , May 3, 2022 /PRNewswire/ -- Perimeter Solutions (NYSE: PRM) ("Perimeter" or the "Company"), producers of PHOS-CHEK® long-term fire retardant and other high-quality firefighting products and oil additives, announced today it will release its financial results for the first quarter 2022 on Monday, May 9, 2022, before the market opens.

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