Full Year 2019 VAT Group AG Earnings Call Transcript
Ladies and gentlemen, welcome to the VAT Full Year Results 2019 Conference Call and Live Webcast. I am Alice, the Chorus Call operator. The conference must not be recorded for publication or broadcast.
At this time, it's my pleasure to hand over to Mr. Mike Allison, CEO of VAT Group. He will now be joined into the conference room.
Okay. Good morning, everybody, to the VAT fourth quarter and full year results presentation. Thank you very much for joining us here in Zurich at the Zunfthaus Zimmerleuten. And of course, also welcome all the participants either on the webcast or on the conference call.
So today, as usual, we start with a short formal presentation by Mike Allison, our CEO; and Stephan Bergamin, our CFO, which is then followed by the traditional Q&A question, where, first, I will take some questions from the room but then, of course, also hand over to the people on the phone.
So with that and without any further delay, I would hand over to Mike for
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