Q3 2020 Cielo SA Earnings Call Transcript
Good afternoon, everyone, and thank you for waiting. Welcome to the Cielo Third Quarter of 2020 Results Conference Call. With us here today, we have Mr. Paulo Caffarelli, Gustavo Sousa and Thiago Stanger. These event is being recorded (Operator Instructions) This event is also being broadcast live via webcast and may be accessed through Cielo website at ri.cielo.com.br/en/ where the presentation is also available. Participants may view the slides in any order they wish. The replay will be available shortly after the event is concluded. Those following the presentation via the webcast may post their questions on our website. They will be answered by the IR team after the conference is finished.
Before proceeding, let me mention that forward statements are based on the beliefs and assumptions of Cielo management and on information currently available to the company. They involve risks and uncertainties because they relate to the future events, and therefore, depend on circumstances that may or may not occur.
Investors and analysts should understand that conditions related to macroeconomic
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