The word of the CEO
Chief Executive Officer Thierry Le Hénaff looks back on the record financial performance in 2018.
“Arkema achieved another excellent set of results in 2018, following on from three years of strong growth. Our financial performance was up on the 2017 record level despite a more unfavorable raw materials environment as well as a mixed macro-economic context towards the end of the year. Our net debt remains tightly controlled thanks to our excellent generation of cash.
These results would not have been possible without the hard work of all of our people and I warmly thank them for that. These results further reflect the Group’s strength and the quality of its portfolio of businesses, which combines excellent positions in specialty businesses offering promising growth opportunities as well as global and competitive positions in intermediate product lines.
Our performance demonstrates the soundness of Arkema’s ambitious transformation strategy based on three strong growth pillars: innovation for sustainable development, bolt-on acquisitions in high value-added specialties and cutting-edge industrial investments to support our customers and partners in high-growth geographies.”