Apr 29, 2020 / 12:00AM GMT
Thomas Joseph Patrick OâLeary - Iluka Resources Limited - MD, CEO & Director
Good morning, and thank you for joining the call. With me on the line are Adele Stratton, Melissa Roberts and Christian Barbier.
As you will have seen, business conditions in the first quarter were dominated by COVID-19. The quarterly review was published today essentially outlines the initial impact of the pandemic on Iluka and some of the measures we've taken to manage them. Much of this information was foreshadowed at our AGM earlier this month, so I'll open up to questions in a moment.
But before I do, I'll just give a brief recap and offer some commentary on what we're observing in our key markets. The largest specific impact Iluka encountered during the quarter was on zircon sales, which were down more than 60% on the corresponding period last year. With the shutdown that occurred in China in February and through to March, ceramic tile demand was very soft, much lower than normal in what is traditionally a seasonally low period.
I said at the AGM that the pace at which
Q1 2020 Iluka Resources Ltd Quarterly Review Conference Call Transcript
Feb 13, 2024
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
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers