Austal Ltd (FRA:LX6)
€ 2.02 0 (0%) Market Cap: 760.01 Mil Enterprise Value: 826.53 Mil PE Ratio: 77.07 PB Ratio: 1.14 GF Score: 65/100

Austal Limited - Special Call Transcript

May 01, 2020 / 03:00AM GMT
Release Date Price: €1.82
David Patrick Alexander Singleton
Austal Limited - CEO, MD & Executive Director

Hello, good morning, everybody. David Singleton here. I'm joined on the line with Greg Jason, our CFO, who's known to all of you, I think. He's in the room with me. But also, we have Craig Perciavalle on the phone. He's President of our business in the United States, and he joins us from his home, I think, in Mobile, Alabama.

The reason for the call today is that, as you know, we went into a trading halt yesterday. The purpose of that trading halt was to prepare for an imminent announcement of a major program for Henderson of Cape-class vessels over the next few years. What we hadn't expected when we went into the halt was that the U.S. Navy almost coincidentally would be announcing the result of the Frigate program.

So given all of that and the implications to the business of those 2 programs, we thought we would have this call this morning and give you a chance to: a, listen to what we have to say; and b, to answer questions about those programs as well. Of course, the elephant in the room is the

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