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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Full Year 2020 Andritz AG Earnings Call Transcript

Mar 03, 2021 / 07:30AM GMT
Release Date Price: $10.24 (-1.16%)
Operator

Dear ladies and gentlemen, welcome to the conference call of ANDRITZ AG. At our customers' request, this conference will be recorded. (Operator Instructions) I will now hand you over to Wolfgang Leitner, who will lead you through this conference. Please go ahead.

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

Thank you very much. Good morning, everybody. Welcome to our conference call for the full year results of 2020. I hope you and your families have come safely and healthily through last year, through the year of COVID, and I guess we all are optimistic to see the development on the vaccination side, so hopefully that global economy can gradually come back to something similar to normal, probably not yet fully normal.

Before I start the presentation, which I think has been distributed to you, let me give you a quick summary of what -- how we see the year 2020. Overall, I think we have managed this difficult year reasonably well. Why do we think that? Number one, we -- and this sounds a little bit odd, I know, but that

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