Q4 2019 Covestro AG Earnings Call Transcript
Ladies and gentlemen, thank you for standing by. Welcome to the Covestro Investor Conference Call on the Fourth Quarter and Full Year Results 2019. The company is represented by Markus Steilemann, CEO; Thomas Toepfer, CFO; and Ronald Koehler, Investor Relations. (Operator Instructions)
I'd now like to hand over the conference to Ronald Koehler. Please go ahead, sir.
Yes. Good afternoon, and welcome to our fourth quarter conference call and also to obviously the full year conference call. And as usually, we have posted our presentation and as well the annual report on our web page, and you can obviously download it. And we assume you have read our safe harbor statement.
And with that, I would like to turn it over to Markus.
Thanks, Ronald, and also a very warm welcome from my side. 2019 was a year in which we saw, as expected, lower levels of financial performance in a year-on-year
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