Streetbeat News

ARKAY

Arkema

https://www.arkema.com

CEO

Thierry Le Henaff

Industry

Other Basic Inorganic Chemical Manufacturing

Open

78.61

Mkt cap

Volume

137

High

79.17

P/E Ratio

16.32

52-wk high

114.15

Low

77.33

Div yield

0.05

52-wk low

76.21

Arkema, a French chemical company, is showing resilience with strong cash flows and solid performance in its specialty materials division. Despite a challenging global economy, Arkema expects to meet the lower end of its full-year EBITDA guidance, with a projected EPS of around 6.40 EUR. The company maintains a manageable net debt with a debt ratio of just over 1.5 times EBITDA and a positive working capital position.

Portfolio Pulse from

November 30, 2024 | 5:00 pm

Arkema S.A. held its Q3 2024 earnings call, discussing financial performance and future outlook. The call included participation from major financial institutions.

Portfolio Pulse from

November 08, 2024 | 10:45 am

A U.S. appeals court reversed a lower court's decision, preventing 11.8 million Ohio residents from suing chemical companies like 3M Co, DuPont de Nemours, Corteva, and Chemours for PFAS contamination. The plaintiff could not prove the chemicals in his blood were from these companies or that they caused harm. This ruling is a significant win for the chemical industry, which faces global scrutiny over PFAS, known as 'forever chemicals' due to their persistence in the environment and human body.

Portfolio Pulse from Natan Ponieman

November 28, 2023 | 7:47 pm

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