Q1 2020 Dometic Group AB (publ) Earnings Call Transcript
Ladies and gentlemen, welcome to the Dometic Q1 report 2020. Today, I am pleased to present Juan Vargues, President and CEO; and Stefan Fristedt, CFO. (Operator Instructions) Please note that this call will have a hard stop at 11:00.Central European summertime. I will now hand you over to Juan Vargues. Please begin.
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Good morning, everybody, and welcome to this first quarter's earnings call. With me, I have Stefan Fristedt, as already mentioned. And I would like to proceed immediately by looking at the highlights for the first quarter. January and February developed very much according to our expectations. Even if we had already the corona breakout in February in Asia, we did a pretty good job in mitigating the negative effects on the supply chain coming from China. But then during the first week in March, we had a breakout in Italy that expanded to most European markets during the month as well as to the U.S. So March became an extremely tough month for us.
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