Q1 2019 Applus Services SA Earnings Call Transcript

May 14, 2019 / 12:00PM GMT
Operator

Good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to today's Applus First Quarter 2019 Results Presentation Conference Call. (Operator Instructions) I must advise you that this conference is being recorded today, Tuesday the 14 of May, 2019.

And now I would like to hand over the conference to your speakers today, Chief Executive Officer, Mr. Basabe, and Chief Financial Officer, Mr. Amigo³. Please go ahead.

Fernando Basabe Armijo - Applus Services, S.A. - CEO & Executive Director

Good afternoon all. Thank you for joining the call today for our first quarter 2019 results presentation. I am Fernando Basabe, CEO, and with me here is Joan Amigo³, our CFO. The agenda for today I will go through the highlights. Joan will then present the financials, and I will present the business review and outlook. At the end, we'll open the telephone line to take your questions.

For Q1 and Q3, we only saw the profit and loss down to the profit before taxes level. Last year exceptionally, we showed it down to the EPS level due to

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