Q3 2020 Prysmian SpA Interim Management Statement Call Transcript
Ladies and gentlemen, thank you for standing by, and welcome to the Prysmian Group 9 Months 2020 Financial Results Call. (Operator Instructions) I would like to advise you that your conference is being recorded today, Thursday, the 29th of October 2020. I would now like to hand the conference over to your speaker today, Valerio Battista. Please go ahead, sir.
Thank you very much, and good afternoon to everyone. Thank you for connecting to this conference call that unusually is from remote because due to the COVID constraints, we have taken the decision not to be in the office. But we can manage the company anyway. Okay. Let's start with Page 2, the 9 months 2020 highlights. Organic sales, excluding projects at minus 9.4% doesn't change very much with or without projects. Obviously, the situation is not easy, but it's improving because in the quarter 3, the organic sales decline has dropped to 5.2%. By segment, the telecom business has suffered a 16.9% drop as it was expected reasonably because don
| 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
