Q1 2020 Orkla ASA Earnings Call Transcript

May 05, 2020 / 06:00AM GMT

Release Date Price: $8.49 (-3.80%)

Transcript

Operator

Welcome to the Orkla Q1 for the first quarter. I will now hand over to your host, Thomas Ljungqvist, from Investor Relations. Thank you.

Thomas Ljungqvist

Orkla ASA - SVP of IR

Good morning, and welcome to our Q&A call for the first quarter. With me here in Oslo on safe distance, I have our CEO, Jaan Ivar; our CFO, Harald; and Elise, my colleague from Investor Relations.

Our CEO, Jaan Ivar, will start with a 2-minute recap of the quarter, and I will then pick up on a few questions we have received this morning before we open up for Q&A from the webcast and conf call participants. Now over to you, Jaan Ivar.

Jaan Ivar Semlitsch

Orkla ASA - President, CEO & Member of Group Executive Board

Thank you, Thomas, and good morning, everyone, and welcome to this Q&A call. Before we open up for questions, let me share with you a short recap of the quarter. We are, for sure, going through a very challenging period. The most important priority for us is to safeguard the health and safety of our

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