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Full Year 2019 IMCD NV Earnings Call Transcript
Ladies and gentlemen, thank you for holding, and welcome to the IMCD Analyst Call Full Year 2019 Results. (Operator Instructions)
I would like to hand over the conference to Pieter van Slikke. Go ahead, please, sir.
Thank you very much. Hello, everybody. I'm here as usual, with Hans Kooijmans, our CFO, and we will answer your questions in a few minutes. First, some remarks from my side and then Hans will take you through the key financial numbers.
We are happy with our achievements in 2019. We delivered another year of growth of all important KPIS. Not as spectacular as in 2018, but then again, our growth pattern has never been linear. Notwithstanding this, we grew EBITDA with 11% and produced record cash flow of EUR 222 million. Cash earnings per share increased again double digit with 13%.
Perhaps more importantly, we prepared ourselves in 2019 for future growth. In the U.S., we finalized the integration of E.T. Horn into IMCD U.S. and we operate now as
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