Georg Fischer AG (XSWX:GF)
CHF 65.05 -0.95 (-1.44%) Market Cap: 5.33 Bil Enterprise Value: 5.39 Bil PE Ratio: 22.27 PB Ratio: 0 GF Score: 87/100
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Half Year 2020 Georg Fischer AG Earnings Call Transcript

Jul 21, 2020 / 08:00AM GMT
Release Date Price: CHF44.53 (+2.12%)
Operator

Ladies and gentlemen, welcome to the Georg Fischer Midyear Results 2020 Conference Call and Live Webcast. I'm Andre, the Chorus Call operator. (Operator Instructions) And the conference is being recorded. (Operator Instructions)

At this time, it's my pleasure to hand over to Andreas Müller, CEO; and Mads Joergensen, CFO. Please go ahead, gentlemen.

Andreas Müller
Georg Fischer AG - CEO, President & Head of Corporate Development

Welcome, and thank you for joining our half year conference call. Present on our side are our CFO, Mads Joergensen; Head of Investor Relations, Daniel Bösiger; Head of Corporate Communications, Beat Römer; and myself, Andreas Müller, CEO.

Let's turn to Slide 2. GF achieved a solid performance amidst the turbulence of the COVID-19 pandemic. Governmental lockdowns affected our end markets across the world. The global automotive market as well as the machine tool industry were hit the hardest. However, GF was able to partially mitigate these effects through its well-diversified group portfolio and well-balanced

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