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Arkema S.A. (ARKAY)
OTHER OTC:ARKAY
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Earnings Data
Report Date
Feb 27, 2025Before Open Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$1.76Last Year’s EPS
$1.54Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 06, 2024
|% Change Since: -17.37%
|Next Earnings Date:Feb 27, 2025
Earnings Call Sentiment|Neutral
Arkema demonstrated strong financial performance with notable achievements in Adhesive and Advanced Materials segments, while continuing to face challenges in a persistent tough macroeconomic environment. The company's strategic project pipeline and sustainability efforts are poised to drive future growth, but short-term headwinds persist.Company Guidance
In the Q3 2024 earnings call, Arkema provided detailed guidance, highlighting a resilient financial performance despite challenging macroeconomic conditions. The company reported a 2.9% increase in group sales to EUR 2.4 billion, driven by growth in Specialty Materials in Asia and the U.S., though Europe lagged due to subdued demand. Arkema achieved a 5% rise in EBITDA, reaching a margin of 17%, underscoring the robustness of its portfolio. The Adhesive segment recorded a notable 9% EBITDA growth, with a margin at a record 15.7%, while Advanced Materials saw a 10% rise, partly offset by a temporary shutdown in Germany. Arkema projects an EBITDA at the lower end of its EUR 1.53 billion guidance for 2024, anticipating a stronger performance than last year. The company reaffirmed a linear ramp-up of EUR 100 million annual EBITDA contribution from major projects through 2028, totaling EUR 440 million, supported by strategic investments and cost management strategies.Strong Financial Performance
Arkema delivered a 2.9% increase in sales year-on-year, with an EBITDA increase of 5.4% reaching EUR 407 million. The EBITDA margin was at an elevated 17%.
Adhesive Segment Achievements
Adhesive segment showed significant growth with a 9% increase in EBITDA and a record high EBITDA margin of 15.7%.
Advanced Materials Growth
Advanced Materials segment experienced a 10% year-on-year EBITDA growth, primarily driven by high-performance polymers.
Project Pipeline and Future Growth
Arkema has 12 significant projects expected to contribute EUR 440 million in additional EBITDA by 2028, with EUR 100 million expected annually.
CSR and Sustainability Initiatives
Arkema made progress in decarbonizing its value chain, reducing the carbon footprint of bio-based polyamide 11 by 80% compared to fossil-based polyamide.
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ARKAY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ARKAY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 06, 2024 | $87.92 | $89.02 | +1.25% |
| Aug 01, 2024 | $90.46 | $91.74 | +1.41% |
| May 07, 2024 | $102.59 | $106.38 | +3.69% |
| Feb 29, 2024 | $103.51 | $100.57 | -2.84% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Arkema S.A. (ARKAY) report earnings?
Arkema S.A. (ARKAY) is schdueled to report earning on Feb 27, 2025, Before Open Not Confirmed.
What is Arkema S.A. (ARKAY) earnings time?
Arkema S.A. (ARKAY) earnings time is at Feb 27, 2025, Before Open Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ARKAY EPS forecast?
ARKAY EPS forecast for the fiscal quarter 2024 (Q4) is $1.76.
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