MTU Aero Engines AG (OTCPK:MTUAY)
$ 124.427 -3.2412 (-2.54%) Market Cap: 13.38 Bil Enterprise Value: 13.17 Bil PE Ratio: 0 PB Ratio: 4.32 GF Score: 85/100
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Q1 2019 MTU Aero Engines AG Earnings Call Transcript

Apr 30, 2019 / 09:00AM GMT
Release Date Price: $117.89 (+2.01%)
Operator

Welcome to the conference call of MTU Aero Engines first quarter results 2019. The speakers of today's conference call are Mr. Reiner Winkler, Chief Executive Officer; and Mr. Peter Kameritsch, Chief Financial Officer.

Firstly, I will hand over to Mr. Michael Röger, Vice President, Investor Relations. Please go ahead, sir.

Michael RÃ;ger;Reiner Winkler
MTU Aero Engines AG - VP of IR;MTU Aero Engines AG - CEO & Member of the Executive

¶ -

Good morning, ladies and gentlemen. Welcome to our conference call for the Q1 2019 results. We will start with business and financial highlights presented by Reiner Winkler. Peter Kameritsch will give you an overview of the changes which were implemented in our 2019 numbers, such as the new accounting standard for leases. Afterwards, Peter gives more details on the segments. Reiner will close the presentation with the 2019 guidance. Finally, as always, you will have the time to answer your questions.

Let me hand over to Reiner now for the business highlights.

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