Maire SpA (FRA:3OY1)
€ 7.145 0.045 (0.63%) Market Cap: 2.37 Bil Enterprise Value: 1.87 Bil PE Ratio: 13.08 PB Ratio: 4.23 GF Score: 85/100
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Full Year 2020 Maire Tecnimont SpA Earnings Call Transcript

Mar 10, 2021 / 04:30PM GMT
Release Date Price: €2.26
Operator

Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the Maire Tecnimont Full Year 2020 Financial Results Conference Call. (Operator Instructions)

I would like to turn the conference over to Mr. Pierroberto Folgiero, CEO of Maire Tecnimont. Please go ahead, sir.

Pierroberto Folgiero
Maire Tecnimont S.p.A. - CEO, MD & Executive Director

Good afternoon, everybody. 2020 will be remembered in the history books as a year of unprecedented challenges. Yet, we managed to record a solid financial performance with over EUR 2.6 billion in revenues and EUR 172 million in EBITDA. Such a performance was possible, thanks to our quick response and flexible approach that led our group to progressively adapt to a new normal, while putting safety first. Thanks to our HSE policies, our lost time injury frequency was 0 in 2020, an achievement we are very proud of. At EUR 541 million cash flow generation in the last 3 quarters has been extremely robust, leading to continuous improvements in net working capital and net

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