Cementir Holding NV (LTS:0HY2)
€ 9.64 0 (0%) Market Cap: 1.51 Bil Enterprise Value: 1.44 Bil PE Ratio: 10.00 PB Ratio: 0.95 GF Score: 86/100

Q3 2020 Cementir Holding NV Earnings Call Transcript

Nov 09, 2020 / 04:45PM GMT
Release Date Price: €5.63
Operator

Good afternoon. This is the Chorus Call conference operator. Welcome and thank you for joining the Cementir Holding 9 Months 2020 Results Conference Call. (Operator Instructions)

At this time, I would like to turn the conference over to Mr. Marco Maria Bianconi, Head of M&A and Investor Relations of Cementir Holding. Please go ahead, sir.

Marco Maria Bianconi
Cementir Holding N.V. - Group Chief M&A, Integration and Corporate development & IR Officer

Thank you. Good evening, and good morning, everybody. Welcome to Cementir Holding 2020 9 months results. I'm here with our Chairman and Chief Executive, Francesco Caltagirone, who is happy to answer your questions at the end of this short presentation.

You should have received a presentation deck, which I'll go through quickly. If you take Page #2, just a few highlights about 9 months results. Consolidated group revenues declined by 1% to EUR 896 million, mainly due to Q2 COVID-19 impact. Cementir cement volumes sold were up 11.3%, thanks to a 44% increase in our Turkish subsidiary.

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