Verallia (LTS:0ABH)

€ 26.64 -0.56 (-2.06%) Market Cap: 3.09 Bil Enterprise Value: 4.74 Bil PE Ratio: 11.15 PB Ratio: 3.69 GF Score: 58/100

Verallia SAS to Acquire Allied Glass Containers Ltd M&A Call Transcript

Nov 02, 2022 / 10:31AM GMT

Release Date Price: €28.1 (-0.73%)

Transcript

Operator

Hello, and welcome to Verallia acquisition of Allied Glass. My name is Sarah, and I will be your coordinator for today's event. Please note this conference is being recorded. (Operator Instructions)

I will now hand you over to your host, Patrice Lucas, CEO of Verallia to begin today's conference. Thank you.

Patrice Lucas;tÃ;Anonyme;CEO;Director

Verallia SociÃ

©©-&

Good morning, everyone. I hope that you are all fine, and I would like to thank you for being with us right now despite the short notice for this call. So I'm pleased to announce that Verallia is making its first acquisition, and we have decided so to acquire Allied Glass in the U.K. So my objective today is to share with you some piece of information about this acquisition and then we go, as usual, through a Q&A session.

So to start with, Allied is a strong industrial leader in the premium glass segment. Allied is all about leading in this growing U.K. premium market with a long-standing U.K. market presence,

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