Brief: Arkema Q3 Sales At EUR 2.39 Billion, Slightly Below Consensus

Arkema SA

06/11/2024 06:00

Nov 6 (Reuters) - Arkema SA  AKE.PA :
    * Q3 SALES EUR 2.39 BILLION VERSUS EUR 2.41 BILLION IN
COMPANY-COMPILED CONSENSUS
    * Q3 ADJUSTED EPS EUR 2.25 VERSUS EUR 2.36 IN
COMPANY-COMPILED
CONSENSUS
    * Q3 EBITDA MARGIN 17.0% VERSUS 16.8% IN COMPANY-COMPILED
CONSENSUS
    * EXPECTS TO ACHIEVE EBITDA AT LOWER END OF ITS GUIDANCE
RANGE OF
EUR 1.53 BILLION IN 2024
    * OUTLOOK 2024: FOCUS ON TIGHT MANAGEMENT OF OPERATING COSTS
AND
OPTIMIZATION OF WORKING CAPITAL REQUIREMENTS IN LINE WITH DEMAND
    * Q3 EBITDA EUR 407 MILLION VERSUS EUR 405 MILLION IN
COMPANY-COMPILED CONSENSUS
    * Q3 ADJUSTED NET INCOME EUR 168 MILLION

Source text:  ID:nBw6RSKTca 
Further company coverage:  AKE.PA 

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