Bulten AB (FRA:3FB)
€ 5.87 0.02 (0.34%) Market Cap: 124.55 Mil Enterprise Value: 251.20 Mil PE Ratio: 9.51 PB Ratio: 0.76 GF Score: 92/100

Q1 2020 Bulten AB Earnings Call Transcript

Apr 23, 2020 / 01:30PM GMT
Release Date Price: €4.52 (+3.56%)
Operator

Hello, and welcome to the Bulten Q1 Report 2020. (Operator Instructions) Today, I'm pleased to present the CEO, Anders Nyström; and the CFO, Helena Wennerström. Please go ahead with your meeting.

Anders NystrÃ;m;publ;President;CEO
Bulten AB

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Okay. Welcome, everybody. This is Anders Nyström speaking. The agenda for today will be a brief overview of Bulten, the development in our markets, results for the first quarter and, of course, some words about how those [within] our industry is affected by the COVID-19 situation. And finally, some words about the future.

So if we flip to Page 4. Bulten is a supplier of fasteners, as you know, primarily to the automotive industry. But we don't just supply hardware. To many of our customers, we are a partner for product development support, innovation, procurement and logistics. As you can see in this slide, Bulten has a broad customer base with light vehicle producers as the largest customer group. Bulten's 3 largest customers are Ford, JLR

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