Arkema : Q3 publication reflects persistently challenging economic environment
>Q3 results close to expectations amid low demand - Arkema has just reported its Q3 2024 results. They are close to expectations with EBITDA up 5% to € 407m (vs ODDO BHF / consensus = € 405m / € 400m - Q2 = +8% and Q1 = -5%). Demand remained generally weak over the quarter (volumes = +2% - Q2 = +5% and Q1 = 0%), particularly in Europe and in September.The three specialty material divisions were in positive territory (EBITDA = +9% to € 107m for adhesives, +10% to ...Arkema is engaged in the global chemical industry which is a processing industry based on the transformation in one or several stages of raw materials (oil derivatives, gas, minerals, natural products) into more or less complex chemical products, or into plastics obtained by polymerization. In addition, Co. manufactures a wide range of products for other major industries: construction, packaging, chemicals, automotive, electronics, food manufacturing, pharmaceuticals, etc. Co. operates in this industrial context with a business portfolio focused on three segments: High Performance Materials, Industrial Specialties, and Coating Solutions.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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