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

Arkema SA to Discuss the Planned Acquisition of ArrMaz Conference Call Transcript

May 16, 2019 / 09:00AM GMT
Release Date Price: €81.55 (+4.36%)
Operator

Ladies and gentlemen, welcome to the Arkema's conference call. I will now hand over to Mr. Thierry Le Hénaff, Chairman and CEO. Sir, please go ahead.

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

© -

Thank you very much. Good morning, everyone. Thank you for joining us on this call on such short notice. I'm here together with 2 members of the Executive Committee, Bernard Boyer, who's in charge of M&A strategy; and Christophe André, who's in charge of our Advanced Materials segment. Also with us, the IR team and the communication team.

I suggest we use the slide show posted this morning on our website as a support document for our discussion.

We have organized this conference call (inaudible). As you could see, we have just announced earlier this morning our project to acquire ArrMaz, a major U.S.-based player with leading position in specialty surfactants. The agreed enterprise price value is USD 570 million, which corresponds to 10.8x the last 12-months EBITDA.

Before I start, for the benefits of

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot