GB Corp (CAI:GBCO)
E£ 14.5 -0.1 (-0.68%) Market Cap: 15.74 Bil Enterprise Value: 28.72 Bil PE Ratio: 6.94 PB Ratio: 0.68 GF Score: 56/100
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Q4 2019 GB Auto SAE Earnings Call Transcript

Mar 02, 2020 / 02:00PM GMT
Release Date Price: E£2.31
Operator

Good Morning -- Good afternoon, ladies and gentlemen. Thank you for joining our fourth quarter full year 2019 results presentation. As a reminder, this call is being recorded. From GB Auto, we have Mr. Nader Ghabbour, Deputy CEO, presenting the fourth quarter full year 19 results. I will now hand over to Mr. Nader for his presentation, and then we will have a Q&A session. Mr. Nader, please go ahead.

Nader Ghabbour
GB Auto SAE - Deputy CEO

Thank you, operator. Good afternoon, ladies and gentlemen, and thank you for joining our results call for the fourth quarter and full year of 2019. But overall, 2019 was a challenging year on account of external factors that hindered growth of an otherwise fundamentally strong market. Throughout the year, we witnessed a pullback on account of regulatory developments that affected both the passenger cars and two and three wheelers' lines of business. Nonetheless, GB Auto was able to leverage its flexible and highly responsive business model to adapt to its environment, recalibrate its offerings, and position the group for

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