Eramet SA (XPAR:ERA)

€ 53.8 0.4 (0.75%) Market Cap: 1.53 Bil Enterprise Value: 3.10 Bil PE Ratio: 0 PB Ratio: 0.94 GF Score: 69/100

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Full Year 2020 Eramet SA Earnings Call Transcript
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Full Year 2020 Eramet SA Earnings Call Transcript

Feb 17, 2021 / 09:30AM GMT

Release Date Price: €56.86 (+14.29%)

Transcript

Christel Bories

ERAMET S.A. - Chairman, CEO & President

Ladies and gentlemen, good morning, and welcome to this presentation for the 2020 results for the ERAMET Group. Once again, due to the public health crisis situation, we are going to have to hold this meeting remotely. And we wish we didn't have to do things this way.

2020, as I'm sure you've heard many times during the company announcement period for their results, has been a time of great upheaval, probably one of the most chaotic periods that we've experienced for a very long time.

The pandemic that struck at the beginning of 2020 brutally upended not only our markets, but also our production systems. Our logistics systems were also affected, and it has led to a significant drop-off of the prices of our raw materials and the collapse of some of our markets, such as the aeronautics sector.

However, despite this very hostile environment, ERAMET has been able to hold firm. We've been able to protect our employees and our communities. We've been able to guarantee across the board the continuity of our operations,

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