Feb 10, 2021 / 04:00PM GMT
Operator
Greetings. Welcome to the Magal Security Systems Ltd. conference call. (Operator Instructions) Please note, this conference is being recorded. I will now turn the conference over to your host, Brett Maas with Hayden IR.
Brett Maas - Hayden IR, LLC - Managing Principal
Thank you, operator. I would like to welcome all of you to the conference call and thank Magal's management for hosting this call. With us on the call today is Mr. Dror Sharon, CEO of Magal; and Kobi Vinokur, CFO. Dror will outline the company's and the Board of Directors' rationale for the divestiture of their project division.
Following Dror's comment, Kobi will discuss the impact on the income statement and the balance sheet. Then we will open the call for questions-and-answer session. Before we start, I'd like to point out that this conference call may contain projections or otherwise forward-looking statements regarding future events or future performance of the company. These statements are only predictions, and Magal cannot guarantee they will, in fact, occur.
Magal does
Magal Security Systems Ltd. - Special Call Transcript
Feb 10, 2021
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