Half Year 2019 Rieter Holding AG Earnings Call Transcript

Jul 18, 2019 / 07:00AM GMT
Operator

Ladies and gentlemen, welcome to the semiannual report, media and analyst conference call. I am Sandra, the Chorus Call operator. (Operator Instructions) And the conference is being recorded. (Operator Instructions) At this time, it's my pleasure to hand over to Dr. Norbert Klapper. Please go ahead, sir.

Norbert Klapper - Rieter Holding AG - CEO

Thank you very much. Good morning, ladies and gentlemen. Welcome to the call on the half year results 2019 of Rieter. I will walk you through the presentation now together with Kurt Ledermann, who is sitting next to me. He will take over when it comes to the numbers, I will get started by the key messages. You have this on the first page of the presentation.

Order intake in the first half of 2019, CHF 378.3 million. This is more than what we had -- significantly more than what we had in Q4 '18. To remind you of that, we had CHF 120 million in Q4 '18, and the average of Q1 and Q2 now is at CHF 190 million, but still it's far away from what we need to generate sales of CHF 1 billion.

The sales came out

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot