Half Year 2021 Eramet SA Earnings Call Transcript

Jul 29, 2021 / 08:30AM GMT
Christel Bories - ERAMET S.A. - Chairman, CEO & President

Welcome to this presentation of our half year results for H1 2021. Our performance is robust and promising, running on the back of excellent operating performance and a stronger price environment. So we're optimistic when it comes to the next few months.

So about this presentation, I will start with a short introduction. Then I will share with you the progress that we've made in terms of our CSR road map. Corporate social responsibility is gaining proud of place in terms of our general road map. Our CFO, Thomas Devedjian, will present our financial performance, and then I will be back to discuss our operating performance as well as the inroads we have made in terms of our strategic road map and then the conclusion.

By way of introduction, obviously, let's zoom in on the performance of our first half, strong performance. Revenue is up 11%, so close to EUR 1.9 billion. So 82% of that revenue comes from M&M, Mining & Metals. Manganese accounts for 47% of that business.

EBITDA is up strongly. So 2.5x what EBITDA

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