Q4 2019 Concentric AB Earnings Call Transcript

Feb 04, 2020 / 12:00PM GMT
David Woolley - Concentric AB(publ)-CEO&President

Good afternoon, and welcome to the Concentric Interim Report for Quarter 4, 2019 and the view over the full year. Today, the presentation will be made by myself, David Woolley, as CEO; and also by Marcus Whitehouse as CFO.

So let's get straight into the presentation. The agenda, we're going to cover in normal format. As it's year-end, not only will we talk about the highlights for quarter 4, we'll take an overview of what the full year 2019 did. And once I've given that overview and summary, then I'll pass over to Marcus, who will take some more time to give more detail behind the financial results and a better explanation of what we've been doing. And then after that, he will pass back to me to give a view on quarter 1 2020 outlook. And as usual, after that, we'll then open the floor to questions and answers. So here we go.

The highlights. If we look at the Q4, and we start with sales. The Q4 sales shows the tough condition of the market and it was down 26% year-on-year at SEK 430

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