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

Q3 2023 IMCD NV Earnings Call Transcript

Nov 10, 2023 / 09:00AM GMT

Release Date Price: $68.04 (-0.63%)

Transcript

Operator

Hello, and welcome to the IMCD N.V. Q3 2023 Results Analyst Call. My name is Laura, and I will be your coordinator for today's event. Please note, this call is being recorded. (Operator Instructions)

I will now hand you over to your host, Pieter van der Slikke, CEO, to begin today's conference. Thank you.

Pieter C. J. van der Slikke

IMCD N.V. - CEO & Member of Management Board

Thank you, Laura, and good morning, ladies and gentlemen. Hans Kooijmans, and I welcome you to our analyst conference call on the third quarter of 2023.

With us this morning is also Valerie Diele-Braun, who will take over from me as CEO as of 1st January. She will briefly introduce herself after my remarks.

Before commenting on our results, I would like to give some context about the economic environment we are operating in. From the Q3 presentation of BASF, we learned that world chemical production without China decreased at more than 4%, perhaps, more important for our business is that the manufacturing indexes of the Eurozone and the United States have

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