Verallia (OTCPK:VRLAF)

$ 40.05 0 (0%) Market Cap: 4.73 Bil Enterprise Value: 6.21 Bil PE Ratio: 9.34 PB Ratio: 4.82 GF Score: 65/100

Q3 2021 Verallia SAS Earnings Call Transcript

Oct 28, 2021 / 07:00AM GMT

Transcript

Operator

Hello, and welcome to the Verallia Q3 2021 Financial Results Call. (Operator Instructions) I would now like to hand over to our hosts, Michel Giannuzzi and Nathalie Delbreuve, CFO, to begin the call. Thank you.

Michel Giannuzzi;tÃ;Anonyme;Chairman;CEO

Verallia SociÃ

©©-&

Thank you very much, and good morning, everyone, and thank you very much for attending this call on our first 9 months of 2021 results. Let's start first with just a quick reminder about Verallia Group. Verallia, as you know, is a global leader in the glass packaging industry. We are #1 in Europe, and Europe represented last year, 90% of the higher sales. We are #2 in Latin America that represented 10% of our sales last year, and we are #3 by size in the world.

If you see on the left-hand side of the chart, we address all end market segments in a quite balanced way, although we have a strong focus on the wine and sparkling wine business due to our historical strong presence in the 3 largest wine producing countries in

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