Q4 2019 Matas A/S Earnings and to Acquire Kosmolet A/S Call Transcript
Good morning, ladies and gentlemen, and thank you for standing by. Welcome to today's Matas annual report 2018/'19. (Operator Instructions) I must advise you that this conference is being recorded today, Tuesday, the 28th of May 2019.
I would now like to hand the conference over to your speaker today, Gregers Wedell-Wedellsborg. Please go ahead, sir.
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Thank you. And welcome, everyone, to the conference call covering the Matas annual report for 2018/'19. With me on the call, I have Anders Skole-Sørensen, CFO, who will cover the numbers in a moment; and Elisabeth Toftmann Klintholm, who is Head of IR.
Please turn to Slide 2. The highlights for this call and for the year, I would like to run through briefly. First, Q4 results came in with a positive like-for-like of 2.1% and continued gross margin stabilization. The financial year overall results were in line with our guidance. We have seen very good progress on all strategic tracks. Taking
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