Preliminary Q3 2019 Nilfisk Holding A/S Earnings and Adjusted Full-Year Guidance for 2019 Call Transcript
Ladies and gentlemen, thank you for standing by, and welcome to the Nilfisk Update Conference Call. (Operator Instructions) I must advise you that this conference is being recorded today, Wednesday, the 16th of October 2019.
I would now like to hand the conference over to your speaker today, Hans Henrik Lund. Please go ahead.
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Thank you, operator, and thank you for attending our update call this morning and sorry to keep you waiting for a couple of minutes. Obviously, a quarter -- Q3, that was disappointing to us, and we would like to walk you through the main facts first and then do some deep dives on each region and gross profit and EBITDA and how it developed, and then we will come back and talk about what it means to our full year guidance.
So if you allow me to kick off with the hard facts, we had a branded professional business that shrunk by minus 4.7% in Q3, a drop that was mainly caused out of EMEA, and
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