Ontex Group NV (OTCPK:ONXYY)

$ 4.1 0 (0%) Market Cap: 665.43 Mil Enterprise Value: 1.34 Bil PE Ratio: 9,999.00 PB Ratio: 0.70 GF Score: 71/100

Q3 2019 Ontex Group NV Trading Statement Call Transcript

Nov 06, 2019 / 08:00AM GMT

Transcript

Operator

Good day, and welcome to the Ontex Q3 2019 Results Conference Call. Today's conference is being recorded. (Operator Instructions) At this time, I would like to turn the conference over to Charles Desmartis, CFO. Please go ahead, sir.

Philip Ludwig

Ontex Group NV - Head of IR & Financial Communications

Excuse me. It's Philip Ludwig, Investor Relations. Welcome, ladies and gentlemen, to our Q3 trading update call.

Just a few housekeeping issues before we get right into it. I would like to remind everyone that the safe harbor statements apply to this presentation and to our subsequent remarks and Q&A session. Also, firstly, as normal, the comments we make today about revenue are on a like-for-like basis or at constant currencies, except where otherwise indicated. Secondly, as a reminder, we adopted the IFRS 16 Leases Accounting Standards at the start of 2019 and have provided, as in the past quarters, Q3 and 9 months 2018 numbers restated pro forma for the sake of comparability in this -- in our press release and presentation today. And finally,

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