IMCD NV (OTCPK:IMCDY)
$ 76.15 -1.76 (-2.26%) Market Cap: 9.00 Bil Enterprise Value: 10.07 Bil PE Ratio: 28.51 PB Ratio: 4.69 GF Score: 92/100

Q1 2021 IMCD NV Earnings Call Transcript

Apr 29, 2021 / 08:00AM GMT
Release Date Price: $44.85
Operator

Ladies and gentlemen, thank you for holding, and welcome to the IMCD analyst call. (Operator Instructions) I would like to hand over the call to Mr. van der Slikke. Go ahead, please.

Pieter C. J. van der Slikke
IMCD N.V. - CEO & Member of Management Board

Yes. Good morning, everybody. As usual, I'm here with Hans Kooijmans, my colleague, and together, we will answer your questions on our first quarter results. As reported in our press release, we had a strong first quarter with an EBITA growth of 28% and 34% on a constant currency basis. Growth consists both from organic growth and growth from acquisitions in 2020, and most notably Signet in India. As said in earlier calls, our business model is robust, also under difficult economic circumstances. We saw in the first quarter strong demand from our customers, and we must assume a preparation of economies that will open up after COVID.

Across many markets, we experienced delays in deliveries because of product shortages or supply chain issues. We also saw price increases over a wide range of

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