Quaker Houghton (FRA:QUC)
€ 142 1 (0.71%) Market Cap: 2.56 Bil Enterprise Value: 3.09 Bil PE Ratio: 22.46 PB Ratio: 1.99 GF Score: 80/100

Q1 2019 Quaker Chemical Corp Earnings Call Transcript

May 03, 2019 / 12:30PM GMT
Release Date Price: €197.82 (+0.66%)
Operator

Greetings, and welcome to the Quaker Chemical Corporation First Quarter 2019 Results Conference Call. (Operator Instructions) As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Michael Barry, Chairman, Chief Executive Officer and President for Quaker Chemical Corporation. Thank you, Mr. Barry, you may begin.

Michael F. Barry
Quaker Chemical Corporation - Chairman of the Board, CEO & President

Good morning, everyone. Joining me today are Mary Hall, our CFO; and Robert Traub, our General Counsel. After my comments, Mary will provide the details around the financials, and then we will address any questions that you may have. We also have slides for our conference call. You can find them in the Investor Relations section of our website at www.quakerchem.com.

I'll start off now with some remarks about the first quarter. As you can see, our sales and earnings were essentially flat with last year, which is not how we typically perform as we

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