Totvs SA (OTCPK:TTVSY)
$ 12.1 0.071 (0.59%) Market Cap: 3.59 Bil Enterprise Value: 3.54 Bil PE Ratio: 23.59 PB Ratio: 4.42 GF Score: 75/100

Q1 2019 Totvs SA Earnings Call Transcript

May 09, 2019 / 03:00PM GMT
Operator

Good morning and welcome to the TOTVS conference call to discuss the results of the first quarter of 2019. We have with us today Dennis Herszkowicz, the CEO; and Gilsomar Maia, the CFO. (Operator Instructions) The audio is being simultaneously webcast at ri.totvs.com.br.

Before proceeding, we wish to clarify that any forward-looking statements that may be made during the conference call related to the business outlook, operational, and financial projections and targets of TOTVS, are based on beliefs and assumptions of the company's management as well as on information currently available. Forward-looking statements are not guarantee of future performance. They involve risks, uncertainties and assumptions as they refer to future events and hence depend on circumstances that may or may not occur. Investors should understand that general economic conditions, industry conditions and other operational factors could affect the future performance of TOTVS and could lead results to differ materially from those mentioned in such forward-looking statements.

I will now turn the call over to Mr.

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