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

Half Year 2020 Bulten AB Earnings Call Transcript

Jul 10, 2020 / 09:00AM GMT
Release Date Price: €5.27 (-4.70%)
Operator

Hello, and welcome to the Bulten Q2 Report 2020. (Operator Instructions) Today, I'm pleased to present Anders Nyström and Helena Wennerström. Please begin with your meeting.

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

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Okay. Welcome, everybody. Let me first turn you to Page #3, which contains the agenda in the presentation. The agenda for today is a brief overview of Bulten, the development in our market, the results for the second quarter and how Bulten and our industry is affected by the COVID-19 situation. And finally, some words about the focus for this year.

So if you turn to Page 4. Bulten is a supplier of fasteners, primarily to the automotive industry. We don't just supply the 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 and

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