Arkema SA (LTS:0IB0)
€ 71.3 -0.025 (-0.04%) Market Cap: 5.38 Bil Enterprise Value: 8.02 Bil PE Ratio: 15.38 PB Ratio: 0.73 GF Score: 82/100

Q1 2019 Arkema SA Earnings Call Transcript

May 07, 2019 / 10:00AM GMT
Release Date Price: €82.97 (-7.49%)
Operator

Ladies and gentlemen, welcome to Arkema's First Quarter 2019 Results Conference Call. I now hand over to Thierry Le Hénaff, Chairman and CEO. Sir, please go ahead.

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

© -

Thank you very much. Good afternoon. Welcome to the First Quarter 2019 Results Conference Call. So with me today are Marie-José Donsion, our CFO, and the IR team.

So I know you have a lot of results released today so we'll try to be short and straight to the point. As usual, we have posted on our website, in addition to the press release, a set of slides, which detail the first quarter performance that I'm pleased to present to you today.

As you've seen from the press release this morning, the first quarter, Arkema achieved a very solid performance in a volatile and complex microeconomic context. Obviously, market conditions are more challenging than they were last year at the same period. Geopolitical uncertainties continue to weigh on global demand, and the oil price has increased significantly since January.

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