Lonza Group Ltd (OTCPK:LZAGF)
$ 613.15 0 (0%) Market Cap: 45.54 Bil Enterprise Value: 47.57 Bil PE Ratio: 67.98 PB Ratio: 4.16 GF Score: 93/100

Full Year 2019 Lonza Group AG Earnings Call Transcript

Jan 21, 2020 / 10:30AM GMT
Release Date Price: $402.77 (+6.76%)
Albert M. Baehny
Lonza Group Ltd - Chairman & Interim CEO

Thank you very much. Good morning, everybody, and welcome to our conference call for the financial results 2019. I am together here with Rodolfo Savitzky, our CFO.

Before we start the presentation, I want to make -- to take a moment to talk about the sad news we received on Sunday morning. Many of you will already have seen the news reports explaining that an accident has resulted in a fatal injuries to a loyal and valued colleague, [Eddie Imhof]. Eddie was 57 years old and had worked for Lonza for 28 years. The safety and welfare of our colleagues is always a top priority for Lonza. As soon as we became aware of the incident, we immediately shut down the facility. We have already commenced a full investigation to identify the cause and pinpoint any further safety improvement measures to ensure such a tragic event cannot happen again.

The local cantonal police authorities have also started an external investigation into the accident. The Lonza fire brigade and emergency teams were on site within minutes to take all necessary

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