Verallia (LTS:0ABH)
€ 26.64 -0.56 (-2.06%) Market Cap: 3.09 Bil Enterprise Value: 4.74 Bil PE Ratio: 11.15 PB Ratio: 3.69 GF Score: 58/100

Q4 2019 Verallia SAS Earnings Call Transcript

Feb 21, 2020 / 10:00AM GMT
Michel Giannuzzi;tÃ;Anonyme;Chairman;CEO
Verallia SociÃ

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Okay. So let's get started. Good morning, everyone, and thank you very much for attending this 2019 financial results of Verallia. This presentation will be recorded and will be audiocasted, if some people want to hear them later.

So I will share this presentation with Didier Fontaine, the group CFO; and I'm Michel Giannuzzi, the group CEO and Chairman of the Board. So we will start with some key financial highlights and key initiatives during the last quarter of the year. Then we'll move to the financial sections with the results presented and -- by Didier, and I will make a conclusion and outlook on 2020 financials outlook.

So just as a reminder, first of all, Verallia, as you all know, is the leading glass making, glass packaging company in Europe, and Europe represents about 90% of our sales.

In Europe, our organization is divided in 2 segments, South and West Europe, which is made of France, Spain, Portugal and Italy. And then we have North and

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