TI Fluid Systems PLC (LSE:TIFS)
£ 1.69 -0.004 (-0.24%) Market Cap: 832.32 Mil Enterprise Value: 1.54 Bil PE Ratio: 11.26 PB Ratio: 1.47 GF Score: 68/100

Q3 2019 TI Fluid Systems PLC Corporate Sales Call Transcript

Nov 07, 2019 / 09:00AM GMT
Release Date Price: £2.09 (+3.72%)
Operator

Good day and welcome to the TI Fluid Systems plc Conference Call. Today's conference is being recorded. At this time, I would like to turn the conference over to Tim Knutson. Please go ahead.

Timothy J. Knutson
TI Fluid Systems plc - CFO & Executive Director

Thank you. Good morning, everyone. Thank you for joining us today for our Third Quarter 2019 Trading Update Conference Call. I'm Tim Knutson, CFO of TI Fluid Systems, and I'm joined today by our CEO and President, Bill Kozyra.

William L. Kozyra
TI Fluid Systems plc - CEO, President & Executive Director

Good morning.

Timothy J. Knutson
TI Fluid Systems plc - CFO & Executive Director

I am sure you have all seen the trading update we released this morning. Before Bill and I take your questions, I wanted to highlight a few items from the statement.

In the third quarter, market conditions remained soft in the global vehicle production environment. Despite this backdrop, group revenue for the third

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