Full Year 2019 D'Ieteren SA Earnings Call Transcript
Ladies and gentlemen, welcome to the D'Ieteren 2019 Full Year Results Conference Call.
I now hand over to Mr. Francis Deprez, CEO; and Arnaud Laviolette, CFO. Gentlemen, please go ahead.
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Well, thank you very much, and good evening to everyone. We're 1 minute or a small minute early, so I hope everybody has been able to join the call by now yet. We are exactly 18 hours, so we can start. Big Ben has sounded.
Welcome to our end of 2019 results session or annual results session. There are actually 3 key messages I would like you to takeaway, then I will give a bit of a general overview at group level, and then we'll deep dive into Belron, first; D'Ieteren Auto, second; Moleskine, third; and then the rest of the group at the end.
Three key messages. First of all, well, in 2019, we made a substantial profit jump of 40% in adjusted profit before tax group share. We're very happy with that amount. It's driven mainly by Belron's excellent performance on the one hand, but also
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