Aperam SA (FRA:7AA)
€ 26.8 -0.42 (-1.54%) Market Cap: 1.94 Bil Enterprise Value: 2.54 Bil PE Ratio: 27.89 PB Ratio: 0.58 GF Score: 85/100

Q1 2020 Aperam SA Earnings Call Transcript

May 06, 2020 / 01:30PM GMT
Release Date Price: €22.87 (-2.97%)
Operator

Hello, and welcome to the Aperam Q1 2020 Results Call. My name is Rinkel, and I will be your coordinator for today's event. Please note, this conference is being recorded. (Operator Instructions)

I will now hand you over to your host, Tim Di Maulo, CEO; and Sudhakar Sivaji, CFO, to begin today's conference. Thank you.

Timoteo Di Maulo
Aperam S.A. - CEO

Hello, and good afternoon, everybody. Thank you all for attending Aperam's earnings conference call. Next to me is Sudhakar Sivaji, Aperam's CFO. And together, we'll present the result of the first quarter 2020.

Please take note of our disclaimer regarding forward-looking statements.

I'm starting from Page 4. Aperam primary focus is on securing the health and safety of our employees, while maintaining business continuity, especially in these demanding times. Our frequency rate was elevated at 1.9 in Q1. However, this was not COVID-19 related. Geert Verbeek, our new CTO, has also taken the responsibility of health and safety for the company.

In March, with the spread of

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