VAT Group AG (OTCPK:VACNY)
$ 50.75 2.49 (5.16%) Market Cap: 15.21 Bil Enterprise Value: 15.49 Bil PE Ratio: 66.95 PB Ratio: 19.52 GF Score: 87/100

Half Year 2019 VAT Group AG Earnings Call Transcript

Aug 08, 2019 / 08:00AM GMT
Release Date Price: $10.9
Michel R. Gerber
VAT Group AG - Head of Corporate Communications & IR

Good morning, everybody, here in the room, and also welcome those joining us today on the conference call, or the webcast. Welcome to the half year results presentation of VAT. We issued our media release this morning 7:00. I'm sure, you have seen that, otherwise, you can download all the presentation materials from our website, to be well aware.

Today, we have with us Mike Allison, CEO; and Stephan Bergamin, CFO. We will go as usual through a shorter presentation of the results, followed by Q&A. And as usual, for the Q&A, we will switch between questions here from the room and from the conference line.

So with that, I would like to hand over to Mike.

Michael Allison
VAT Group AG - CEO, Member of Group Management Board and Head of Sales & Marketing

Thank you, Michelle. Good morning, everybody. Here in the room and on the phone. The agenda this morning is, I'll start with some of the highlights from the first half. I'll then pass on to Stephan to cover the

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