Full Year 2020 Alimak Group AB (publ) Earnings Call Transcript

Feb 11, 2021

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Feb 11, 2021 / 09:00AM GMT
Operator

Ladies and gentlemen, welcome to the Alimak Group Interim Report for October to December 2020. (Operator Instructions)

Today, I'm pleased to present Ole Kristian Jodahl, CEO. Please begin.

Ole Kristian Jodahl - Alimak Group AB(publ)-President - CEO & Director

Thank you, and welcome to the Quarter 4 call for Alimak Group. With me today, I have our Interim CFO, Bernt Ingman.

So if we then turn to Page 2, the agenda. We will go through then the quarter 4 results and also look at the full year 2020, before we move into status update of the New Heights programme and in the end, Q&A session.

We will then turn to Page 3, quarterly highlights. And then to sum up the fourth quarter of 2020, after an improved start to the quarter, the second wave of lockdowns and restrictions combined with the U.S. elections and negative currency translation effect, we saw significant impact on our order intake and revenue in the quarter.

The cost savings part of the New Heights programme is on track

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