SGL Carbon SE (XTER:SGL)
€ 6.98 -0.02 (-0.29%) Market Cap: 853.45 Mil Enterprise Value: 940.05 Mil PE Ratio: 21.75 PB Ratio: 1.36 GF Score: 73/100

SGL Carbon SE To Discuss The New Five-Year Plan Call Transcript

Oct 29, 2019 / 01:00PM GMT
Release Date Price: €4.2 (+1.20%)
Michael Majerus
SGL Carbon SE - CFO & Member of Management Board

Yes. Hello, this is Mike Majerus speaking. Welcome to our telephone conference call. As you might know, the purpose of this call is to explain a little bit more in detail the news we issued on Friday. So first of all, I would like to walk you through presentation, give you more insight into those topics, and of course, afterwards, I will be available for any of your questions. So let's start with the presentation first, and let's move to the first page.

So I would go through 4 chapters. One is, of course, the 9 months result; then, of course, the impairment charge. Then I will talk about the revised guidance 2019 and then initial view on 2020.

So the next page, you see, first of all, here results for the third quarter and accumulated for the 9 months. So based here on the EBIT figures, as you might see, CFM was, in the third quarter, roughly at minus EUR 5 million, which is clearly below the previous 2 quarters of plus EUR 2.4 million but -- and minus EUR 0.4 million, but that was generally expected in our guidance we

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