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

Q3 2022 VAT Group AG Trading Statement Call Transcript

Oct 13, 2022 / 08:00AM GMT

Release Date Price: $18.92 (-7.62%)

Transcript

Operator

Ladies and gentlemen, welcome to the VAT Q3 2022 Trading Update Conference Call. I am Sandra, the Chorus Call operator. I would like to remind you is being recorded (Operator Instructions). The conference must not be recorded for publication or broadcast. At this time, it's my pleasure to hand over to Mr. Mike Allison, Chief VAT Group. Please go ahead, sir.

Michael Allison

VAT Group AG - CEO

Thank you. Ladies and gentlemen. Good morning, and welcome to VAT's Third Quarter 2022 Trading Update Conference Call. With me this morning are our CFO, Fabian Chiozza and our Head of Investor Relations, Michel Gerber. After my introductory remarks, we will start the Q&A session. The call moderator will take the questions in the order you enter them.

So I trust that you've both seen the media release we issued this morning at 6:30. And I'd like to point out that we are very pleased with the way the third quarter of 2022 has developed. Geopolitical uncertainties, the persisting supply chain challenges, and more recently, weakening customer demand have not

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