Feb 13, 2020 / 08:00AM GMT
Operator
Hello, and welcome to the Munters Fourth Quarter 2019 and Year-End Report. Today, I'm pleased to present CEO, Klas Forsström; and CFO, Annette Kumlien. (Operator Instructions) Please begin.
Klas Forsström - Munters Group AB(publ)-President&CEO
Thank you, and good morning. And before I go into today's presentation, let me briefly summarize the quarter that has passed and the year. If I should pick one word, I will pick stable. It was a stable quarter and a year, setting a good base with a solid outcome. The stable quarter generated, as predicted, a somewhat lower growth, driven from industrials in Europe and consolidation in the lithium-ion battery in Asia. What was pleasing that it was a continued good delivery on savings and efficiency activities, linked to our Full Potential Program. That resulted in a strong cash flow and a good profit level despite a somewhat changed product mix during the quarter. All in all, this resulted in a good improvement on our leverage. And in that sense, it is
Full Year 2019 Munters Group AB Earnings Call Transcript
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