Andritz AG (OTCPK:ADRZY)
$ 12 0.09 (0.76%) Market Cap: 5.95 Bil Enterprise Value: 4.96 Bil PE Ratio: 10.80 PB Ratio: 2.70 GF Score: 90/100
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Q1 2020 Andritz AG Earnings Call Transcript

Apr 30, 2020 / 06:30AM GMT
Release Date Price: $6.9 (+4.55%)
Operator

Dear ladies and gentlemen, welcome to the conference call of Andritz AG. At our customer's request, this conference will be recorded. (Operator Instructions)

May I now hand you over to Dr. Leitner, who will lead you through this conference. Please go ahead.

Wolfgang Leitner
Andritz AG - President, CEO & Member of Executive Board

Yes. Thank you very much. Good morning, everybody. Welcome to our first quarter 2020 conference call. I hope all of you are safe and have been able to get through this, I would say, special and certainly challenging times reasonably well, times where we get every evening in the news an update on the mortality rates in various countries. And I informed that everybody is expecting the deepest recession since the second world war. Obviously, causes a problem and a challenge going forward because I think what we have seen so far is that the supply side has been holding up very well, but when the supply side picks on the same stored up when -- and if the demand side is there and is recovering. And I think there it's -- it would

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