Q1 2021 Bodycote PLC Trading Statement Call Transcript

May 27, 2021 / 07:30AM GMT
Operator

Hello, and welcome to the Bodycote trading update call. (Operator Instructions) Just to remind you, this conference call is being recorded. I'll now hand the floor to Stephen Harris, Group Chief Executive. Please begin your meeting.

Stephen C. Harris - Bodycote plc - Group CEO & Executive Director

Good morning, ladies and gentlemen. Dominique Yates and I will go through this, this morning. I'll just give you a light trip through the trading update in terms of looking at some of the sectors there and then we'll open up for questions and answers.

So if we just talk about each of the sectors in turn, I think the first one is automotive. And the question on most people's minds is probably, so what's the semiconductor shortage doing to the automotive world? And how is it going? How is it recovering? And I think our general answer to that is that the automotive business has recovered very strongly. The actual impact of the chip shortage, we don't really know. I mean in fact, if we haven't read about it in the newspapers, we probably wouldn't really know

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