Q1 2019 Maire Tecnimont SpA Earnings Call Transcript
Good afternoon. This is the chorus call conference operator. Welcome and thank you for joining the Maire Tecnimont First Quarter 2019 Financial Results Conference Call. (Operator Instructions) At this time, I would like to turn the conference over to Mr. Pierroberto Folgiero, CEO of Maire Tecnimont. Please go ahead, sir.
Good afternoon, everyone. Thank you for attending the Q1 2019 financial results conference call. We had a positive set of results in the first quarter driven by ongoing backlog execution. We had a high-quality order intake as we were awarded very attractive projects by prestigious clients around the world. Some of these orders are expected to lead to additional larger projects yet to be sanctioned. The backlog remains solid at EUR 6.7 billion and gives us a good visibility to future revenues. The commercial pipeline continues to be strong at EUR 40.1 billion as we continue to pursue a good number of interesting opportunities around the world. After we launched the
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