Imerys (OTCPK:IMYSF)

$ 31.05 0 (0%) Market Cap: 3.22 Bil Enterprise Value: 4.40 Bil PE Ratio: 58.33 PB Ratio: 0.95 GF Score: 69/100

Full Year 2019 Imerys SA Earnings Call Transcript

Feb 13, 2020 / 10:00AM GMT

Release Date Price: $42.85

Transcript

Patrick Kron

Imerys S.A. - Chairman of the Board & Interim CEO

Ladies and gentlemen, good morning. Olivier Pirotte and I thank you for attending our annual meeting, and we'll be pleased to comment on the results of the Imerys company. We'll begin with a brief introduction of our accounts, the highlights and then, of course, we will be available to answer any questions you may have.

So I will begin with the highlights. But before we get into these economic and financial aspects, I would like to just make a few comments about the evolution of the group's governance. And you have seen in this respect that we have recently appointed a new Managing Director in the person of Alessandro Dazza, who will be joining us next Monday, on the 17th of February. And from this date, I will be continuing my duties as Chairman of the Board of Directors of Imerys. And I will, of course, leave the CEO controls to Alessandro for the implementation of the group's transformation and everything that has to do with his role as a CEO.

Concerning the group's financial performance. We have suffered from the

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