Arkema SA (LTS:0IB0)
€ 80.475 -0.4 (-0.49%) Market Cap: 6.05 Bil Enterprise Value: 8.44 Bil PE Ratio: 17.45 PB Ratio: 0.78 GF Score: 81/100

Arkema SA To Discuss Proposed Acquisition of PI Advanced Materials Transcript

Jun 28, 2023 / 08:00AM GMT
Release Date Price: €84.81 (+2.75%)
Thierry Le Henaff
Arkema S.A. - Chairman & CEO

Good morning, everyone. Thank you for joining us on this call at such a short notice. I am here together with Marie-Jose Donsion, our CFO, you know well; as well as Marc Schuller, (inaudible) representing the business. Also with us is our team. You will find a set of slides on our website, which you can download and use as a reference.

As you know, we have organized this conference call as we announced this morning a project to acquire 54% controlling stake in PI Advanced Materials, PIAM. I'm very excited to announce this transaction as it is a company that we had looked at in the past and I have followed closely for some time, and the timing is now perfect to seize this fantastic one-off opportunity to broaden and strengthen our high-performance polymer range.

As you know, Arkema's growth strategy is based on high value and innovative materials serving bigger trends around these 3 pillars of Adhesives, Coatings and Advanced Materials. In Advanced Materials, we have significantly strengthened our profitability over time, our geographic

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot