Clariane SE (LTS:0OPS)
€ 1.809 -0.005 (-0.28%) Market Cap: 623.90 Mil Enterprise Value: 8.48 Bil PE Ratio: 0 PB Ratio: 0.11 GF Score: 69/100

Clariane SE Corporate Call Transcript

Nov 14, 2023 / 08:00AM GMT
Release Date Price: €1.9 (-11.77%)
Operator

Good day, and welcome to the Clariane's conference call. Please note this conference is being recorded. (Operator Instructions) Today, our speakers are Sophie Boissard, CEO; and Philippe Garin, CFO. And now I'll hand you over to Sophie Boissard to begin today's conference. Please go ahead.

Sophie Boissard
Clariane SE - CEO & Director

Thank you very much. Ladies and gentlemen, thank you for joining Clariane call today. I'm Sophie Boissard, CEO of Clariane; and together with Philippe Garin, Chief Finance Officer of the company. I'm going to present the 4-part plans we are going to launch to strengthen the company's balance sheet and to overcome a sharply deteriorated access to financing.

As you know, Clariane started 2023 with a significant refinancing agenda, representing EUR 1.7 billion debt maturity to be reimbursed or renewed in 2023 and 2024, this in a challenging market environment overall. We have been executing according to plan until Q3 where our access to credit has been deteriorating rapidly with a complete free after our Q3 publication

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