Q4 2019 Pandox AB Earnings Call Transcript
Ladies and gentlemen, thank you for standing by, and welcome to today's Pandox Year-end Report 2019 Conference Call. (Operator Instructions) Please be advised today's conference is being recorded. And I would now like to hand the conference over to your first speaker today, Mr. Anders Nissen, CEO of Pandox. Please go ahead, sir.
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Well, good morning, and welcome to this presentation of Pandox full year report and fourth quarter of 2019. As said, my name is Anders Nissen; and with me, I have Liia Nõu, Pandox CFO; Anders Berg, Head of Communications and Investor Relations. And as always, this presentation is divided into 2 parts. We start with the presentation of the quarter, followed by a Q&A session. So welcome, everyone.
2019 was another good year, if I may say so, for Pandox, an active year as well. Let me point out a few strong developments.
The first is that we cemented our position as one of the leading pan-European hotel property
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