SLVYY - Solvay SA (SVYSF) Q4 2023 Earnings Call Transcript
2024-03-13 16:47:10 ET
Solvay SA (SVYSF)
Q4 2023 Earnings Conference Call
March 13, 2024, 09:00 AM ET
Company Participants
Geoffroy d'Oultremont - Head of IR
Philippe Kehren - CEO
Alexandre Blum - CFO
Conference Call Participants
Frank Claassen - Degroof Petercam
Matthew Yates - Bank of America
Chetan Udeshi - JPMorgan
Laurent Favre - BNP Paribas
Wim Hoste - KBCS
Jaideep Pandya - On Field Research
Sebastian Bray - Berenberg
Alex Stewart - Barclays
Martin Roediger - Kepler Cheuvreux
Presentation
Geoffroy d'Oultremont
Good afternoon, everyone, and welcome to Solvay's Fourth Quarter and Full Year 2023 Earnings Call. My name is Geoffroy d'Oultremont, Head of Investor Relations, and I'm joined today on our call by Philippe Kehren, the CEO; and Alexandre Blum, the CFO of the Company. This call is being recorded and will be accessible for replay on the Investor Relations section of Solvay's website later today.
I would like to remind you that the presentation includes forward-looking statements that are subject to risk and uncertainties. The slides related to today's broadcast are also available on our website.
And with that, I'll turn the call over to Philippe.
Philippe Kehren
Thank you, Geoffroy, and good afternoon, everyone. It's my pleasure to be with you today for my first earnings call as the CEO of Solvay. It is already more than three months now since the spin-off of Syensqo, and I would like to begin the call by sharing with you a few personal observations.
As leader of this great business, these first 100 days confirmed a lot of things I already knew, such as the reputation of Solvay with our customers, and they also reinforced my conviction that we are even better positioned as a simplified and focused organization to reach greater heights for our customers, employees, and investors.
But first, a word on safety. At Solvay, ensuring Solvay's employees' well-being is a daily priority for me and the executive leadership team. It's at the heart of everything we do. So, while our performance in this area over 2023 was satisfactory, we must remain vigilant and continuously strive for improvement in our safety standards. Although we see less and less near misses with high severity potential, the global number of reported injuries and illnesses have not improved in 2023. So, you can count on me as CEO to keep focusing on safety every day.
Since January, I have traveled to many sites along with my colleagues of the executive leadership team. Most of our people work in one of our 45 industrial sites around the world, and we've made it a priority to meet as many of them as possible. Solvay's employees are our main assets. They are essential to our future success. And now, more than ever, we realize how much they are committed and how much they are engaged in their roles. As CEO, it's really wonderful to feel the energy within our Company.
I'm not alone in this journey. I have a very strong leadership team around me, completely focused on Solvay's transformation. Our leaders are all seasoned professionals and we have a great balance between people who grew up in Solvay and people bringing new and fresh views from other global organizations....
Solvay SA (SVYSF) Q4 2023 Earnings Call Transcript