Kendrion NV (LTS:0G68)
€ 11.16 0.16 (1.45%) Market Cap: 171.74 Mil Enterprise Value: 316.44 Mil PE Ratio: 31.89 PB Ratio: 0.99 GF Score: 69/100

Q3 2019 Kendrion NV Earnings Call Transcript

Nov 05, 2019 / 10:00AM GMT
Release Date Price: €19.63 (+2.53%)
Operator

Good day and welcome to the Kendrion's Third Quarter Results 2019 Analyst Call. (Operator Instructions) Today's conference is being recorded. Jozef van Beurden, Kendrion's CEO, will start today's call with a short statement, after which there will be time for questions.

At this time, I would like to turn the conference over to Jozef van Beurden. Please go ahead, sir.

Jozef Aloysius Johannes van Beurden
Kendrion N.V. - CEO & Member of Executive Board

Here in the Mövenpick Hotel and on the webcast and on the phone, welcome to Kendrion's Q3 2019 results and INTORQ acquisition announcement presentation. My name is Jozef van Beurden, Kendrion's CEO; and with me here is Jeroen Hemmen, our CFO.

First, thank you for joining us here at short notice. Normally we announce our Q3 results by phone only, but given the strategic importance of the INTORQ acquisition announced this morning, we felt that a presentation and a webcast highlighting the merits of the transaction would be appropriate.

First, this morning's agenda. We will start with

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