Arkema SA (XPAR:AKE)
€ 81.4 1.65 (2.07%) Market Cap: 6.18 Bil Enterprise Value: 8.57 Bil PE Ratio: 17.66 PB Ratio: 0.84 GF Score: 87/100

Q1 2023 Arkema SA Earnings Call Transcript

May 05, 2023 / 09:00AM GMT
Release Date Price: €87.54 (+3.79%)
Operator

Thank you for holding, and welcome to Arkema's First Quarter 2023 Results Presentation. For your information, this call is being recorded. (Operator Instructions) I will now hand you over to Thierry Le Henaff, Chairman and CEO. Sir, please go ahead.

Thierry Le Henaff
Arkema S.A. - Chairman & CEO

Thank you very much. So good morning, everybody, and welcome to Arkema's Q1 2023 results conference call. Joining me today are Marie-José Donsion, our CFO; and the Investor Relations team. As always to support this conference call, we have posted a set of slides, which are available on our website. I will comment the highlights of the quarter before letting Marie-José go through the financials. And at the end of the presentation, we will be available as usual to answer your questions.

After, as you know, an exceptional performance in the first half of last year, driven by upstream acrylics and PVDF in China. We knew Q1 2023 would come back to more normalized levels, especially given the challenging economic environment marked by destocking and weaker

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