Aperam SA (XMAD:APAM)
€ 26.24 0.36 (1.39%) Market Cap: 1.86 Bil Enterprise Value: 2.54 Bil PE Ratio: 37.33 PB Ratio: 0.55 GF Score: 90/100

Q2 2020 Aperam SA Earnings Call Transcript

Jul 29, 2020 / 12:00PM GMT
Release Date Price: €25.44 (+3.20%)
Operator

Hello and welcome to the Aperam Q2 2020 Results Call. My name is Jess, and I'll be your coordinator for today's event. (Operator Instructions) On the call, we have Tim Di Maulo, CEO; and Sud Sivaji, CFO. And I will now hand you over to your host, Tim Di Maulo, to begin today's call. Thank you.

Timoteo Di Maulo
Aperam S.A. - CEO

Thank you. Good afternoon, everybody, and thank you all for attending Aperam's earning release conference call. Next to me is Sudhakar Sivaji, Aperam CFO. Together, we will present the result of the second quarter 2020. Please take note of our disclaimer regarding forward-looking statements.

Let's turn to Page 3 on health and safety. I'm pleased to report that our lost time incident rate at the second quarter improved significantly by dropping to a very low 0.6. During Q2, Aperam's primary focus has been on securing the health and safety of our employees while guaranteeing business continuity despite the COVID disruptions. You might recall that we have briefly closed some of our plants at the end of March to put in place social

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