Full Year 2020 Maire Tecnimont SpA Earnings Call Transcript

Mar 10, 2021 / 04:30PM GMT
Operator

Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the Maire Tecnimont Full Year 2020 Financial Results Conference Call. (Operator Instructions)

I would like to turn the conference over to Mr. Pierroberto Folgiero, CEO of Maire Tecnimont. Please go ahead, sir.

Pierroberto Folgiero - Maire Tecnimont S.p.A. - CEO, MD & Executive Director

Good afternoon, everybody. 2020 will be remembered in the history books as a year of unprecedented challenges. Yet, we managed to record a solid financial performance with over EUR 2.6 billion in revenues and EUR 172 million in EBITDA. Such a performance was possible, thanks to our quick response and flexible approach that led our group to progressively adapt to a new normal, while putting safety first. Thanks to our HSE policies, our lost time injury frequency was 0 in 2020, an achievement we are very proud of. At EUR 541 million cash flow generation in the last 3 quarters has been extremely robust, leading to continuous improvements in net working capital and net

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