Synthomer PLC (LSE:SYNT)

£ 3.34 0.035 (1.06%) Market Cap: 546.32 Mil Enterprise Value: 1.10 Bil PE Ratio: 0 PB Ratio: 0.47 GF Score: 65/100

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Apr 25, 2019 / 07:00AM GMT

Release Date Price: £28.4 (+0.15%)

Transcript

Operator

Hello, and welcome to the Synthomer plc Q1 Trading Update Call. (Operator Instructions) Just to remind you, this conference call is being recorded.

Today, I am pleased to present Calum MacLean, Chief Executive Officer. Please go ahead with your meeting.

Calum G. MacLean

Synthomer plc - CEO & Executive Director

Thank you very much, and welcome everyone to the Q1 2019 call. As always, I'm joined today by Stephen Bennett, CFO; and Tim Hughes, Head of Investor Relations, so they'll also get involved with Q&A at the end of the brief introduction.

Key messages this morning trading update is that the business is performing in line with our expectations as set out in Synthomer's full year results presentation, which we gave you on March 4. And accordingly, our full year 2019 outlook remains unchanged.

As we set out in March and very much factored into our plans, the demand environment in Europe was more subdued in the early part of the quarter. Whilst that impacted all 3 divisions, we've seen an improving demand trend through the

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