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

Q3 2023 Arkema SA Earnings Call Transcript

Nov 09, 2023 / 10:00AM GMT
Release Date Price: €90.2 (+3.23%)
Operator

Welcome to Arkema's Third Quarter 2023 Results Conference Call. (Operator Instructions) I will now hand you over to Thierry Le Henaff, Chairman and Chief Executive Officer. Sir, please go ahead.

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

Thank you. Thank you very much. Good morning, everybody. So welcome to Arkema's Q3 2023 Results Conference Call. Joining me today are Marie-José Donsion, our CFO, that you know well and the investor relations team. As always, supporting this conference call, we have posted a set of slides on our website. I will now comment the quarter's highlights before letting Marie-José go through the financials in more detail. And at the end of the presentation, we'll be able to answer your questions.

So I don't want to sound like a broken record, but the economic environment in Q3 was broadly similar to what we experienced through this year with low volumes, hopefully now at a trough driven by weak demand and some residual destocking. In these subscales [countries] , our Q3 2023 financial performance was robust, and our

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