Half Year 2022 Elementis PLC Earnings Call Transcript

Aug 02, 2022 / 08:30AM GMT
Operator

Ladies and gentlemen, welcome to the Elementis 2022 Interim Results Presentation. My name is Nadia, and I'll be coordinating the call today. (Operator Instructions) I will now hand over to your host, Paul Waterman, CEO of Elementis to begin. Paul, please go ahead.

Paul Waterman - Elementis plc - Group CEO & Executive Director

Good morning, and welcome to the Elementis 2022 Interim Results Call. Thank you for taking the time to join us today. In terms of the agenda, I'll start with highlights and business segment performance. Ralph will review the group financials, and then I'll take you through the outlook and priorities. Following this, we will take your questions.

On Slide 5, the key messages for this morning are straightforward. Overall, our financial performance was much improved, driven by strong performance in Coatings & Personal Care. As we expected, performance was weak in Talc, with underlying strategic progress more than offset by challenging market conditions. Cost inflation is a big challenge, but we have responded quickly with

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