Croda International PLC (OTCPK:COIHY)
$ 21.88 -0.405 (-1.82%) Market Cap: 6.22 Bil Enterprise Value: 6.89 Bil PE Ratio: 30.16 PB Ratio: 2.08 GF Score: 84/100

Croda International PLC to Discuss Acquisition with Iberchem and Propose Placing of Shares Call Transcript

Nov 18, 2020 / 08:00AM GMT
Release Date Price: $40.95 (-0.94%)
Operator

Welcome to the Croda call. Shortly, I will hand over to your host, Steve Foots, Croda's Chief Executive. At the end of the presentation, there will be a Q&A session.

Steve, over to you.

Stephen Edward Foots
Croda International Plc - Group Chief Executive & Executive Director

Thank you, and morning, everybody. Yes. Here I am with Jez and Dave Bishop and we'll spend about 20 minutes going through the presentation and the rationale about Iberchem and why F&F and what we really want to do in this space and also plenty of time to ask questions along the way. So I'm going to try and rattle through the slide pack with Jez and then please build your questions up and then we'll -- as I said, we'll take that.

So putting this context on Slide 6. This is the grand plan. Part of the grand plan is to move Croda to more of a pure-play consumer ingredients business, and central to that is expanding our Life Science business. And you've seen with our Avanti acquisition and the connections with Pfizer that we're well on track there. We don't need

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