Cochlear Ltd (OTCPK:CHEOF)

$ 190.21 0 (0%) Market Cap: 12.13 Bil Enterprise Value: 11.96 Bil PE Ratio: 52.53 PB Ratio: 10.40 GF Score: 85/100

Cochlear Ltd to Discuss Earnings Guidance for FY20 Call Transcript

Feb 11, 2020 / 12:00AM GMT

Release Date Price: $162.5

Transcript

Operator

Thank you for standing by, and welcome to the Cochlear Limited announcement. (Operator Instructions)

I would now like to hand the conference over to Mr. Dig Howitt, CEO and President of Cochlear Limited. Please go ahead.

Diggory William Howitt

Cochlear Limited - CEO, MD, President & Executive Director

Thank you, and thank you all for joining the call. So what I would do is just give you a brief overview of the announcement and then open it up for questions.

So just starting with the announcement. What we've obviously seen is that the Chinese Lunar New Year extended until Monday. We've been talking to hospitals right across China, and we're seeing that CI surgeries also is the reason the surgeries are being delayed and many hospitals not taking appointments for new surgeries. So we, at this stage, don't know how long this will go on. So we've looked back at our experience of SARS as a guide to try to estimate the impact that this could have on our business in Greater China.

There are, obviously, pretty -- still pretty

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