Q4 2019 Cavotec SA Earnings Call Transcript
Good morning, everyone, and welcome to the Cavotec Q4 Report Call. (Operator Instructions) Today, I'm pleased to present CEO, Mikael Norin; and CFO, Glenn Withers. Please go ahead with your meeting.
Thank you, and good morning, everyone, and welcome to this audiocast. As you heard, my name is Mikael Norin, CEO of Cavotec. And with me, I have our CFO, Glenn Withers, today. And we're here to present our year-end report for 2019.
I'd like to start with talking about how 2019 really was a milestone year for Cavotec. It was the year that we finalized the transformation of the company that we launched in the fall of 2017. In this transformation, we have completed a thorough reorganization and restructuring of our business, a strengthening of the management team and a successful rights issue.
In this period, we also launched a new strategy and published financial targets for the company. During the year that's just passed, we have focused on locking in the improvements from these initiatives and on further
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