Kemira Oyj (OTCPK:KOYJF)

$ 24.88 1.53 (6.55%) Market Cap: 3.88 Bil Enterprise Value: 4.05 Bil PE Ratio: 19.73 PB Ratio: 2.28 GF Score: 61/100

Q3 2019 Kemira Oyj Earnings Call Transcript

Oct 24, 2019 / 10:00AM GMT

Release Date Price: $12.9

Transcript

Olli Turunen

Kemira Oyj - VP of IR

Ladies and gentlemen, very warm welcome to Kemira's Third Quarter Result Presentation. My name is Olli Turunen. I'm happy to say that we have published excellent results again. Let's hear the drivers behind the strong numbers presented by our President and CEO, Jari Rosendal; and our CFO, Petri CastrÃ©n.

After both presentations, you will have a chance to ask questions over the webcast and also here in the room.

Let's begin. Jari, please go ahead.

Jari Rosendal

Kemira Oyj - Chairman of Mgmt. Board, President & CEO

Thank you, Olli. Good afternoon from my side also, and welcome. As the title said, we had a strong Q2 -- sorry, Q3. Last 2-year focus on value over volume and active price management has shown the expected results. Also, other operational improvements and added capacities are contributing to the profitability, which reached 17.1% on operative EBIT level in Q3. This has been a long process. But as you can see, step by step, we have been able to improve performance. In July, after Q2, I talked

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