Mar 10, 2020 / 09:00AM GMT
Operator
Ladies and gentlemen, welcome to the media and analyst results press conference call 2020. I am Shai, the Chorus Call operator. (Operator Instructions) And the conference is being recorded. (Operator Instructions) The conference must not be recorded for publication for broadcast.
At this time, it's my pleasure to hand over to Dr. Norbert Klapper, CEO. Please go ahead, sir.
Norbert Klapper - Rieter Holding AG - CEO
Thank you very much. Good morning, ladies and gentlemen, to this unusual [BMCAR] 2019. Yesterday, we decided to modify the format of the conference and to have a conference call only and no in-person meeting. We are all aware of the reason for this change. I thank you very much for your understanding and for having dialed in this morning.
Let me guide you through the key messages on Page 3 before I hand over to Kurt for the financials. 2019 was a year of contrast for Rieter. On the one hand, we had a low demand for new machines in the first 3 quarters, resulting in sales of CHF 760 million, which is 29% less than in the previous year
Full Year 2019 Rieter Holding AG Earnings Call Transcript
Mar 07, 2024
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