Clariane SE (OTCPK:KRNMF)

$ 2.16 0 (0%) Market Cap: 702.86 Mil Enterprise Value: 9.00 Bil PE Ratio: 0 PB Ratio: 0.12 GF Score: 69/100

Half Year 2024 Clariane SE Earnings Call Transcript

Aug 06, 2024 / 01:00PM GMT

Release Date Price: $2.34

Transcript

Operator

Hello, and welcome to the Clariane 2024 half year results conference call. Please note, this conference is being recorded. (Operator Instructions)

I will now hand you over to your host, Sophie Boissard, CEO and Philippe Garin, CFO, to begin today's conference. Thank you.

Sophie Boissard

Clariane SE - CEO

Thank you, ladies and gentlemen, dear investors, good afternoon. Welcome to the Clariane Group 2024 half year results presentation. I suggest we now move to slide number one. So I'm Sophie Boissard, the group CEO, and I am today with Philippe Garin, Group CFO. I will begin on slide 5 with the four key highlights of this half. Firstly, over the first six months of 2024, we recorded dynamic revenue growth that led to an increase in EBITDA. This was in part fueled by the strong improvement in German performance.

Thirdly, we also moved forward on strengthening our balance sheet in line with our refinancing plan, making significant progress on reducing our debt during the period. Last but not least, we confirmed our 2024 full year outlook and

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