Full Year 2020 Essentra PLC Earnings Call Transcript
Ladies and gentlemen, thank you for standing by, and welcome to the Essentra Financial Year 2020 Results. (Operator Instructions) I must advise you, the call is being recorded today on Friday, the 5th of March 2021.
And your first speaker for today is Paul Forman. Please go ahead.
A very good morning, ladies and gentlemen, and welcome to the Essentra plc 2020 Full Year Results Presentation. I am Paul Forman, the CEO. And today, I'm joined by Lily Liu, the CFO of Essentra.
We've entitled this presentation Building for the Future. This time last year, when I presented the results. I talked about entering Chapter 3 of the Essentra journey since the start of 2017. We've stabilized the business. We cemented customer relations. We focused on good cash generation, and we had simplified our portfolio. So we then had 3 global divisional structures that were characterized by growth potential and also by market leadership.
I would say, as far as it's possible, that 2020
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