Evonik Industries AG (OTCPK:EVKIF) Q3 2024 Earnings Conference Call November 6, 2024 5:00 AM ET
Company Participants
Christian Kullmann – Chief Executive Officer
Maike Schuh – Chief Financial Officer
Tim Lange – Head, Investor Relations
Conference Call Participants
Thomas Wrigglesworth – Morgan Stanley
Chetan Udeshi – JPMorgan
Andreas Heine – Stifel
Sebastian Bray – Berenberg
Martin Roediger – Kepler Cheuvreux
Jaideep Pandya – On Field Research
Operator
Ladies and gentlemen, welcome to the Evonik Industries Q3 2024 Earnings Conference Call. I’m Vicky, the chorus call operator. I would like to remind you that all participants are in a listen-only mode and the conference is being recorded. The presentation will be followed by a Q&A session. [Operator Instructions] The conference must not be recorded for publication or broadcast.
At this time, it’s my pleasure to hand over to Christian Kullmann, CEO. Please go ahead, sir.
Christian Kullmann
Ladies and gentlemen, good morning and a very warm welcome from my side and the side of the team either to our quarterly earnings call. It is another quarter in which we have delivered on expectations. It is another quarter of sector-leading earnings growth and still another quarter of free cash flow generation.
Some of you might say, no, Kullmann, wait a moment I’ve heard that introduction before. And you know what, yes, you are right. It is correct. That was my [Technical Difficulty] but good news like that never get out of fashion and confirm our focus on consistent delivery. From now on, however, I promise only news, no replace.
News on our cost-saving initiatives which are more and more reflected in our numbers. News on the realignment of our portfolio where we continue to address underperforming businesses. And news and innovation, we have defined our three new growth areas.
Maike, you want to
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