Investment AB Latour (FRA:18LB)
€ 24.67 -0.5 (-1.99%) Market Cap: 15.49 Bil Enterprise Value: 16.75 Bil PE Ratio: 30.29 PB Ratio: 4.36 GF Score: 94/100

Q2 2020 Investment AB Latour Earnings Call Transcript

Aug 20, 2020 / 08:00AM GMT
Release Date Price: €18.86 (+2.33%)
Operator

Ladies and gentlemen, welcome to the Investment AB Latour's interim report Q2. Today, I am pleased to present Johan Hjertonsson, President and CEO; and Anders Mörck, CFO. (Operator Instructions)

I will now hand you over to Johan Hjertonsson. Please begin.

Johan Hjertonsson;publ;President
Investment AB Latour;CEO & Director

()- -

Thank you. Welcome to this conference call presenting the second quarter 2020 for Investment AB Latour. This quarter has been characterized by the ongoing pandemic and the turbulence it has caused in major parts of the world. Our holdings acted rapidly at outbreak with the employee safety as the first priority, but also to adapt our businesses to the new circumstances. We'll tell you more about this later on in the presentation.

Our overall group structure is unchanged from last quarter. We have 2 major business lines, the wholly-owned industrial operations, consisting of 5 business areas and a long-term investment portfolio consisting of 9 listed holdings where we are the

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