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

Preliminary Q4 2022 VAT Group AG Earnings Call Transcript

Jan 12, 2022 / 09:00AM GMT
Release Date Price: $43.67
Operator

Ladies and gentlemen, welcome to the analyst and media conference call. I am Sandra, 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. Michael Allison, CEO of VAT Group. Please go ahead, sir.

Michael Allison
VAT Group AG - CEO

Thank you. Ladies and gentlemen, a very happy New Year to you all. Good morning and welcome to the short conference call on VAT's fourth quarter and full year high level results release. With me this morning is our CFO, Fabian Chiozza; and our Head of Investor Relations, Michel Gerber. I will start by elaborating on our Q4 and full year 2021 performance. And then Fabian will explain in more details the impact of change in accounting policy driven by a decision of the IFRS Interpretations Committee had on our results. Such changes applied retrospectively and consequently prior period financial statements will be restated.

After our introductory remarks, you will have the opportunity to ask questions. I would like to remind you that VAT

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