Evonik Industries AG (OTCPK:EVKIF)
$ 18.25 0.35 (1.96%) Market Cap: 8.56 Bil Enterprise Value: 11.94 Bil PE Ratio: 34.30 PB Ratio: 0.91 GF Score: 81/100

Q4 2023 Evonik Industries AG Earnings Call Transcript

Mar 04, 2024 / 01:00PM GMT
Release Date Price: $18.54
Operator

Ladies and gentlemen, welcome to the Evonik Industries AG Q4 2023 earnings conference call. I am Morris, the chorus call operator, I would like to remind you that all participants will be in a listen-only mode and the conference is being recorded. (Operator Instructions)

At this time, it's my pleasure to hand over to Christian Kullmann, CEO. Please go ahead.

Christian Kullmann
Evonik Industries AG - CEO & Chairman of the Executive Board

Thanks a lot, and welcome. Thanks for joining us today. Ladies and gentlemen, 2023 is now finally behind us and there are no two opinions. The last year was tough one, but we've fought the challenges and finally delivered on our, what we have to admit, revised targets. And there is no beating around the bush, 2024 will be another test of our persistence -- test of our perseverance.

For the start into the year, although there are some fairly lights at the end of a very long tunnel, our entry markets do not show any broad-based recovery. And the geopolitical landscape remains unchanged and difficult.

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