Verallia (OTCPK:VRLAF)
$ 40.05 0 (0%) Market Cap: 4.81 Bil Enterprise Value: 6.30 Bil PE Ratio: 9.34 PB Ratio: 4.82 GF Score: 65/100

Q1 2022 Verallia SAS Earnings Call Transcript

Apr 21, 2022 / 07:00AM GMT
Operator

Hello, and welcome to the Verallia Q1 2022 Financial Results Analyst Call. Please note, this conference is being recorded (Operator Instructions) I will now hand over to your host, Michel Giannuzzi, Chairman and CEO of Verallia, to begin today's conference. Thank you.

Michel Giannuzzi;tÃ;Anonyme;Chairman;CEO
Verallia SociÃ

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Thank you very much. Good morning, everyone, and thank you very much for attending this call about the Q1 results of Verallia. I will share the presentation with Nathalie Delbreuve, Group CFO, and we'll start, as usual, by a quick reminder about Verallia activities.

As you well know, we are a global leader in the glass packaging industry. We are #1 in Europe. And Europe represented last year 89% of our sales. We are #2 in Latin America that represented last year 11% of our sales, and we are the third largest glass packaging industry -- sorry, glass packaging company in the industry. As you can see on the left-hand side of this chart, we address all end markets,

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