Q3 2019 Rieter Holding AG Corporate Sales Call Transcript

Oct 29, 2019 / 08:00AM GMT
Operator

Ladies and gentlemen, welcome to the third quarter media and analyst conference call. I'm 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. Thank you for being with us this morning for the investors update after 9 months. I'll jump into the key messages right away on Page 2 of the presentation. The order intake in the first 9 months was at a level of CHF 525 million, impacted by a low third quarter where we only booked an order intake of CHF 146 million. The order intake for the big project from Egypt, we will book in October -- or we have already booked in October, it's an order of CHF 165 million, which we received. I guess it's the largest single order Rieter ever booked and it will, obviously, impact the fourth quarter order intake very positively.

The market situation remains challenging. The

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