Acerinox SA (OTCPK:ANIOY)

$ 4.705 -0.285 (-5.71%) Market Cap: 2.35 Bil Enterprise Value: 2.76 Bil PE Ratio: 56.14 PB Ratio: 0.94 GF Score: 75/100

Full Year 2020 Acerinox SA Earnings Call Transcript

Mar 01, 2021 / 09:00AM GMT

Release Date Price: $6.05 (+2.72%)

Transcript

Carlos Lora;Tamayo

Acerinox, S.A. - Head of Investor & Media Relations

Good morning, everyone, and welcome to this presentation for the fourth quarter and full year results of Acerinox. My name is Carlos Lora-Tamayo, I am the Head of Investor Relations. Today, we have here also Rafael Miranda, our Chairman; Bernardo VelÃ¡zquez, our CEO; and Miguel Ferrandis, CFO of the group.

Before getting started, let me remember you that this presentation is being broadcast on our webcast -- on our website, acerinox.com. And now with any further ado, I leave the floor to Rafael. Please, Rafael, go ahead.

Rafael Miranda Robredo

Acerinox, S.A. - External Independent Chairman

Good morning, everybody, and thank you for attending our 2020 results presentation. As everybody knows, 2020 has been a very difficult year worldwide for many sectors and industries. And in these challenging circumstances, we have been able to achieve very robust results. The net sales, as you can see in the screen, has been EUR 4.668 billion, only 2% lower than the

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