Koninklijke Vopak NV (STU:VPK5)
€ 43.6 0.62 (1.44%) Market Cap: 5.21 Bil Enterprise Value: 7.71 Bil PE Ratio: 12.14 PB Ratio: 1.68 GF Score: 68/100

Q3 2020 Koninklijke Vopak NV Earnings Call Transcript

Nov 06, 2020 / 09:00AM GMT
Release Date Price: €46.54 (-0.62%)
Operator

Hello, and welcome to the Vopak Analyst Presentation for Q3 2020. (Operator Instructions)

Today, I am pleased to present Gerard Paulides, the CFO of Royal Vopak. Please go ahead with your meeting.

Gerard B. Paulides
Royal Vopak N.V. - CFO & Member of the Executive Board

Thank you, and welcome, everybody. Good morning, and welcome to Vopak's third quarter interim results. In the next 20 minutes, I will present to you an update on the developments of this quarter, and my prepared remarks will refer to the analyst presentation as published this morning. As ever, we will ensure there's ample time for your questions and finish on time.

Before we start, I would like to refer you to the disclaimer content of the forward-looking statement, which you are familiar with and which will apply to the entire call.

Let's have a look at the key messages for the quarter. Vopak improved its results in a turbulent 2020 year and compared to 2019. During the third quarter, we continued the good financial performance and improved occupancy rates of

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