Applus Services SA (XMAD:APPS)
€ 12.7 0 (0%) Market Cap: 1.64 Bil Enterprise Value: 2.51 Bil PE Ratio: 0 PB Ratio: 3.03 GF Score: 83/100

Full Year 2019 Applus Services SA Earnings Call Transcript

Feb 25, 2020 / 09:00AM GMT
Release Date Price: €11.25 (+7.45%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Applus Full year 2019 Results Presentation Conference Call. (Operator Instructions) I must advise you that this conference is being recorded today on Tuesday, the 25th of February 2020. I'd now like to turn the conference over to your speaker today, Fernando Basabe, CEO. Please go ahead.

Fernando Basabe Armijo
Applus Services, S.A. - CEO & Executive Director

Morning all. Thank you for joining the call for the Full Year 2019 Results Presentation of Applus. I am Fernando Basabe, CEO; and here with me is Joan Amigó, our CFO. In the agenda for the call today, I'll run through the highlights, Joan will then present the financials and I will present the business review. And then before we go to the outlook, I'll show you where we are against the financial targets that we set at the strategy update that we presented 2 years ago. At the end, we'll open the telephone line to take your questions as usual.

So starting with the highlights. In 2019, we've had strong results. We had mid single

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