Matrix Composites & Engineering Ltd (FRA:8ME)
€ 0.144 -0.029 (-16.76%) Market Cap: 34.52 Mil Enterprise Value: 44.44 Mil PE Ratio: 20.71 PB Ratio: 2.06 GF Score: 53/100

Half Year 2020 Matrix Composites & Engineering Ltd Earnings Call Transcript

Feb 25, 2020 / 01:30AM GMT
Release Date Price: €0.166607 (-9.73%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Matrix 2020 Half Year Results Conference Call. (Operator Instructions) Please be advised that today's conference is being recorded.

I will now hand the conference over to your first speaker today, CEO and Managing Director, Aaron Begley. Thank you. Please go ahead.

Aaron Paul Begley
Matrix Composites & Engineering Ltd - MD, CEO & Director

Thank you very much. Good morning, everyone, and welcome to Matrix' First Half 2020 Results Presentation. If you will find the presentation that's been released to the market, please turn to Page 3 because I'll be talking to -- talking about the presentation.

Starting with an overview of our results for the period. Our first half revenue was up nearly 100% on the prior corresponding period to $22.6 million, and we achieved an underlying EBITDA for that period of $1.2 million. If we look at the full calendar year result for calendar year 2019, we produced a revenue of about $49 million and about $1.8 million of underlying EBITDA. And

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