Q1 2019 Granges AB Earnings Call Transcript
¤()-
Welcome to Granges' conference call for the first quarter of 2019. Here in Stockholm, it's me, Johan Menckel, CEO of Granges. And beside me, I have CFO, Oskar Hellstrom. As usual, we will start this presentation with an update of Granges' performance during the last quarter and touch upon some important events. Then it's time for Oskar to guide you through the financial results. After that, we conclude the presentation with a short summary and the Q&A session.
Starting with the first quarter 2019 highlights. First, I would like to say that I'm cautiously positive to how we have started the year in light of the increasingly challenging market conditions. On the Automotive side of our business, the softer market condition that we started to see in the fourth quarter continued in the first quarter this year. And as a consequence of this, our sales volume declined by 4% year-over-year in the first quarter. The most challenging market is currently Asia and, in particular, China, but we did see lower sales
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
