Parrot SA (FRA:P2W)
€ 1.93 0.03 (1.58%) Market Cap: 62.77 Mil Enterprise Value: 43.05 Mil PE Ratio: 0 PB Ratio: 1.04 GF Score: 53/100

Q4 2018 Parrot SA Earnings Call Transcript

Mar 15, 2019 / NTS GMT
Release Date Price: €3.22 (+1.58%)
Olivier Maury
Parrot S.A. - Director of Finance

Hello, everyone. Thank you for being with us today for this conference call to present our 2018 earnings. It is the 15th of March 2019. I'm Olivier Maury, the Parrot Group Chief Financial Officer, and I am with Marie Calleux, Head of Investor Relations.

Before we begin, I would like to inform you that the account were approved by the Board of Directors on March 13, 2019. The audit procedures have been completed and the report on the consolidated accounts without any reservations is scheduled to be issued at a later date. The certification report will be issued once the management report has been verified. During this board meeting in line with the strategic guidance announced on November 23, 2018, looking to put in place a streamlined organization for Parrot Drone and continue building the recognition of the portfolio of subsidiaries and equity investment.

Parrot S.A.'s directors accepted Mr. Gilles Labossiere's resignation from his position as Executive Vice President. The board invited Mr. Gilles Labossiere to rejoin Parrot S.A.'s team,

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