Icade (STU:3IC)

€ 24.5 -0.46 (-1.84%) Market Cap: 1.85 Bil Enterprise Value: 5.10 Bil PE Ratio: 0 PB Ratio: 0.37 GF Score: 65/100

Full Year 2019 Icade SA Earnings Call Transcript

Feb 17, 2020 / 09:00AM GMT

Release Date Price: €102.6 (-1.25%)

Transcript

FrÃ;dÃ;ric Thomas

Icade - Chairman of the Board

©© -

Yes. Well, nice time to start. Good morning, everyone, and welcome to this traditional meeting of disclosing our earnings. We'll have quite a dense agenda with a time for questions and answers.

Now to kick off this meeting, I wanted to say just a few introductory remarks. So first, as you know well, 2019, was, for us, the first full year of our strategic plan, which was launched mid-2018, and you will see this in the upcoming presentations. We consider that the implementation of this plan is well underway and above and beyond the numbers delivered, if we look at all the projects in the pipeline and which have been completed and which have delivered its economic and financial performance. As you know, nothing new, in fact, since the AGM and the Board of Directors, which followed the AGM in 2019, we have strengthen, consolidated, whatever the term is, our governance structure by appointing a Lead Director, who will be the Vice Chair -- the Vice Chairwoman of the Board of Directors. And more generally speaking, we

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