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Q4 2020 TCM Group A/S Earnings Call Transcript
Ladies and gentlemen, thank you for standing by, and welcome to the TCM Group Interim Q4 2020 Report. (Operator Instructions) I must advise you the conference is being recorded today on Wednesday, the 24th of February 2021.
I will now hand the conference over to your first speaker today, Torben Paulin. Please go ahead.
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Thank you very much. Good morning, ladies and gentlemen, and welcome to the presentation of the full year results for 2020 for TCM Group. The presentation today will be conducted by myself, CEO; Torben Paulin. And with me, I have our CFO, Mogens Elbrønd Pedersen. We will go through the business update and the financial results, after which, we will hand over to the operator for the Q&A session.
Let us start the presentation and turn to Page 2 for the business update. Overall, the Danish kitchen market has been resilient despite the COVID-19 situation and the related macroeconomic uncertainty.
The Norwegian market has, during 2020, been more
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