Q1 2019 Magnitogorskiy Metallurgicheskiy Kombinat PAO Earnings Call (IFRS) Transcript
Ladies and gentlemen, welcome to MMK First Quarter 2019 IFRS Results Conference Call.
I'll now hand over to Andrey Serov, Head of MMK IR. Sir, please go ahead.
Good afternoon, ladies and gentlemen. Thank you very much for joining us for our Q1 2019 financial results call. Today, the company will be represented by our CFO, Andrey Eremin; and myself, Andrey Serov.
And now I would like to pass the floor to Andrey Eremin for the presentation and, after that, we'll be able to answer your questions.
Dear ladies and gentlemen, good day. Thank you for joining us for MMK's First Quarter 2019 Financials Presentation.
Let's begin with Slide #1. As you may see, first quarter 2019 wasn't an easy quarter for us. But even on the drop of seasonally weak demand and low prices,
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