Jan 07, 2020 / 10:00AM GMT
Operator
Ladies and gentlemen, welcome to the Dätwyler conference call. I am Sandra, the Chorus Call operator. (Operator Instructions) The conference must not be recorded for publication or broadcast. Please note that the slides for this call are available on the Dätwyler website, datwyler.com, in the submenu Investors and Publications.
At this time, it's my pleasure to hand over to Mr. Dirk Lambrecht, CEO; and Mr. Reto Welte, CFO. Please go ahead, gentlemen.
Dirk Lambrecht - Dätwyler Holding Inc.-CEO
Yes. Thank you very much. Good morning together, and welcome to this conference call. I'm happy that you are taking the time to learn more about Dätwyler's new focus on the Sealing business.
I will start with the Slide 2, as you heard, which you can find under our webpage. As communicated with the half year report 2019, Dätwyler has carefully evaluated the strategic options for the distribution business and the Technical Components division.
The environment in the distribution business has changed
Daetwyler Holding AG to Focus on Fast-Growing and High-Margin Sealing Business Call Transcript
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