Nine Months 2020 BTS Group AB Earnings Call Transcript
Good morning, everyone. My name is Rikard Engberg, and I'm an equity researcher here at Erik Penser Bank. With me, I have Henrik Ekelund, CEO of BTS Group.
Henrik, the stage is yours.
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Thank you, Rikard, and thank you all shareholders for listening in today. I am presenting the third quarter results. 2020 is a very challenging year for our industry. And I'm happy to present to you significant progress in the third quarter, both short term and long term.
How can we characterize 2020? Sometimes, it feels like when you have -- when you're preparing to cross the street and you look at both sides for the cars and then you're hit by an airplane. It's been a dramatic year. It's been a year with big changes. And let me talk a little bit about what has happened in the market.
First of all, we have a continued challenge with no physical deliveries. So 70
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