Semperit AG Holding (OTCPK:SEIGF)
$ 12.6 0 (0%) Market Cap: 251.69 Mil Enterprise Value: 383.83 Mil PE Ratio: 0 PB Ratio: 0.55 GF Score: 71/100

Q1 2019 Semperit AG Holding Earnings Call Transcript

May 28, 2019 / 01:00PM GMT
Release Date Price: $15
Martin Füllenbach
Semperit Aktiengesellschaft Holding - Chairman of Management Board & CEO

Good afternoon, ladies and gentlemen. Very warm welcome from Vienna to present our first quarter 2019 results. As always, with me in the call is our CFO, Frank Gumbinger, who will take you through the financials in a couple of minutes. And afterwards, as always, the 2 of us will be available for Q&A.

It's been almost 2 years or 8 quarters since standing at the helm of Semperit. Therefore, I am particularly delighted to inform you that this is the fifth quarter in a row of increased profitability at both EBITDA and EBIT level, with 3 out of 4 segments continuing to be profitable. So we have done a major achievement as part of our transformation process, but the journey of restructuring obviously ain't over yet. But so far, we stick to our promises and continue to deliver.

As in previous quarters, the Industrial Sector was the highlight of our profitability improvement, as a result of which both group EBITDA and EBIT continue to make significant progress. At the same time, revenues in Q1

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