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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Q3 2019 Synthomer PLC Trading Statement Call Transcript

Oct 25, 2019 / 07:00AM GMT
Release Date Price: £20.67 (-9.37%)
Operator

Hello, and welcome to the Synthomer Q3 Trading Update Call. (Operator Instructions) Just to remind you, this conference call is being recorded.

Today, I'm 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, operator. Thanks, everybody, for attending the Synthomer Q3 trading call. I'm here today with Tim Hughes, Head of Investor Relations; and Stephen Bennett, CFO of Synthomer.

I just like to start really with a little bit of a backdrop that it has been a challenging environment during quarter 3, which was a follow on. We had expected or hoped for a bit of a pickup in quarter 3, which didn't really come generally around the environment, and outlook for quarter 4 remains pretty much flat on where we are with quarter 3.

I don't think you need me to tell you all the reasons why that's the case with the current trade wars, Brexit, automotive industry and depressed activity in some of Mainland Europe, in particular

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