Element Solutions Inc (NYSE:ESI), a global specialty chemicals company, reported its financial results for the second quarter of 2025. The company's net sales for the quarter amounted to $625 million, marking a 2% increase from the same period in 2024. Organic net sales rose by 6%. In its Electronics segment, net sales increased by 12% to $439 million, with organic net sales growing by 9%. However, the Industrial & Specialty segment saw a decline in net sales by 16% to $186 million, with divestitures accounting for 17% of this decrease. Organic net sales within this segment increased by 1%. The company's reported net income for the second quarter was $48 million, a 49% decrease compared to $93 million in the second quarter of 2024. The net income margin fell by 760 basis points to 7.6%. Adjusted EBITDA for the quarter was $136 million, nearly flat compared to $135 million in the same quarter of the previous year. In terms of segment performance, the Electronics segment's adjusted EBITDA increased by 5% to $97 million. Conversely, the Industrial & Specialty segment experienced an 8% decrease in adjusted EBITDA to $40 million. Excluding the impact of divestitures, adjusted EBITDA for the Industrial & Specialty segment would have grown by 10%. President and CEO Benjamin Gliklich highlighted the company's successful execution of its strategies in fast-growing markets and continuous improvement in operations, despite challenges in industrially exposed businesses.