Arkema SA (XPAR:AKE)
€ 79.75 -0.7 (-0.87%) Market Cap: 6.05 Bil Enterprise Value: 8.44 Bil PE Ratio: 17.30 PB Ratio: 0.83 GF Score: 88/100

Full Year 2018 Arkema SA Earnings Call Transcript

Feb 27, 2019 / 11:00AM GMT
Release Date Price: €88.92 (-0.31%)
Operator

Ladies and gentlemen, welcome to the Arkema's Full Year 2018 Results Conference Call. I will now hand over to Thierry Le Hénaff, CEO.

Sir, please go ahead.

Thierry Le HÃ;naff
Arkema S.A. - Chairman & CEO

© -

Thank you very much. Good morning, everyone. Welcome to Arkema 2018 Results Conference Call. With me today are Marie-José Donsion, our CFO; and also, as usual, our Investor Relations team.

To support this conference call, we have posted on our website a set of slides, which includes the highlights of the full year performance, the outlook for '19 and detail of the progress we are making to achieve our long-term ambition. Together with Marie-José, we propose us to commence this set of results, and then, as usual, to answer your question.

As you have seen from the figures which we have released this morning, Arkema achieved another excellent year with a record-high EBITDA of EUR 1,474 million, which is up 6% against 2017, which was, as you remember, already an excellent performance. Our adjusted net income for

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