Feb 05, 2020 / 08:00AM GMT
Presentation
Feb 05, 2020 / 08:00AM GMT
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Corporate Participants
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* Shinji Miyaji
AGC Inc. - CFO, CCO, GM of Corporate Planning General Division & Director
* Takuya Shimamura
AGC Inc. - President, CEO & Representative Director
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Shinji Miyaji - AGC Inc. - CFO, CCO, GM of Corporate Planning General Division & Director
I am Shinji Miyaji, CFO. I would like to go over the financial results for fiscal year 2019. Please turn to Page 5. Here are the highlights of the financial results for the fiscal year ending December 2019. Net sales declined by JPY 4.9 billion year-on-year at JPY 1.518 trillion. Contribution of newly consolidated companies had a positive impact of JPY 22.3 billion, but sales decreased year-on-year due to negative foreign exchange impact of JPY 30.4 billion, such as the depreciation of the euro.
Operating profit declined by JPY 18.9 billion at JPY 101.6 billion due to lower selling prices of glass for display applications and chlor-alkali
Full Year 2019 AGC Inc Earnings Presentation Transcript
Feb 05, 2020
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