Full Year 2020 Maire Tecnimont SpA Earnings Call Transcript
Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the Maire Tecnimont Full Year 2020 Financial Results Conference Call. (Operator Instructions)
I would like to turn the conference over to Mr. Pierroberto Folgiero, CEO of Maire Tecnimont. Please go ahead, sir.
Good afternoon, everybody. 2020 will be remembered in the history books as a year of unprecedented challenges. Yet, we managed to record a solid financial performance with over EUR 2.6 billion in revenues and EUR 172 million in EBITDA. Such a performance was possible, thanks to our quick response and flexible approach that led our group to progressively adapt to a new normal, while putting safety first. Thanks to our HSE policies, our lost time injury frequency was 0 in 2020, an achievement we are very proud of. At EUR 541 million cash flow generation in the last 3 quarters has been extremely robust, leading to continuous improvements in net working capital and net
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