Ituran Location and Control Ltd (NAS:ITRN)
$ 26.58 -0.73 (-2.67%) Market Cap: 528.77 Mil Enterprise Value: 470.17 Mil PE Ratio: 10.42 PB Ratio: 3.01 GF Score: 95/100

Q1 2023 Ituran Location and Control Ltd Earnings Call Transcript

May 24, 2023 / 01:00PM GMT
Release Date Price: $23.75 (+4.17%)
Operator

Ladies and gentlemen, thank you for standing by. Welcome to the Ituran First Quarter 2023 Results Conference Call. (Operator Instructions) As a reminder, this conference is being recorded. You should have all received by now the company's press release. If you have not received it, please contact Ituran's Investor Relations team at EK Global Investor Relations at 1 (212) 378-8040; or view it in the news section of the company's website, www.ituran.co.il.

I will now hand over the call to Mr. Kenny Green of EK Global Investor Relations. Mr. Green, please begin.

Kenny Green

Thank you. Good day to all of you, and welcome to Ituran's conference call to discuss the first quarter 2023 results. I would like to -- I would like to thank Ituran's management for hosting this conference call.

With me today on the call are Mr. Eyal Sheratzky, CEO; Mr. Udi Mizrahi, Deputy CEO and VP Finance; and Mr. Eli Kamer, CFO of Ituran. Eyal will begin with a summary of the quarter's results, followed by Eli

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