Ferrexpo PLC (LSE:FXPO)
£ 0.622 0.025 (4.19%) Market Cap: 372.04 Mil Enterprise Value: 285.96 Mil PE Ratio: 0 PB Ratio: 0.46 GF Score: 62/100

Full Year 2019 Ferrexpo PLC Earnings Call Transcript

Mar 18, 2020 / 09:00AM GMT
Release Date Price: £1.22 (-0.94%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Ferrexpo 2019 Full Year Results Presentation. (Operator Instructions) Also I must advise that the call is being recorded today, Wednesday, the 18th of March 2020. And without any further delay, I would now like to hand over the call to your first speaker today, Steve Lucas. Thank you. Please go ahead.

Stephen Lucas
Ferrexpo plc - Non-Executive Chairman

Thank you very much.

Now I know everyone is worried about COVID-19, and I will come on to this in a moment after taking you through the headlines.

So I'm pleased to report another strong set of results for Ferrexpo in 2019. During the period, we continued to generate strong cash flow, and we used this prudently to further reduce our debt, increase investment and pay dividends. We also significantly strengthened our corporate governance with some important appointments and changes, which I'll tell you more about in a moment. And we continued to invest in our local communities, with several projects across schools, health

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