Q3 2020 Umicore SA Earnings Call Transcript
Good morning to all. Thank you for standing by, and welcome to Umicore's Conference Call. Please note that this conference is being recorded today. (Operator Instructions)
But now I would like to hand the conference over to Marc Grynberg. Marc, please go ahead.
Thank you, Eva, and good morning, everyone, and thank you for joining this conference call. The purpose of the call is to provide some additional color to the release we issued this morning and answer the questions that you may have.
The market context has been extremely volatile since the outbreak of the pandemic. And with this press release, we wanted to inform you about the changes in trading conditions, which we have observed since our last communication at the end of July.
The automotive market, for example, posted a much stronger third quarter than anticipated when we communicated at the occasion of our first half results. Also, this year, due to the highly unpredictable context and unlike in other years, we have not yet been in a
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