Konecranes Oyj (FRA:K34)
€ 60.85 0 (0%) Market Cap: 4.89 Bil Enterprise Value: 5.14 Bil PE Ratio: 13.78 PB Ratio: 2.82 GF Score: 85/100

Q2 2020 Konecranes Abp Earnings Call Transcript

Jul 24, 2020 / 08:00AM GMT
Release Date Price: €22.96 (+2.68%)
Kiira Froberg
Konecranes Plc - VP of IR

Good morning, everyone, and welcome to the Konecranes Q2 2020 Earnings Call. My name is Kiira Fröberg, and I am the interim Head of Investor Relations at Konecranes. Here with me, I have Konecranes' President and CEO; Rob Smith; and CFO, Teo Ottola.

Rob will start today by reviewing our group-level performance, after which Teo will continue with a more detailed walk-through of our 3 businesses. The presentation is followed by a Q&A as usual. Without any further speech, Rob, the line is yours.

Richard Robinson Smith
Konecranes Plc - President, CEO & Member of Group Executive Board

Thank you, Kiira, and good morning, everyone. (foreign language) Konacranes is in the process of going from good to great. Our strong Q2 results were delivered in an extraordinary market environment, thanks to the excellent teamwork and the high-performance focus throughout the company. Real-time demand-supply balancing and cost flexing, both enabled by our digital telemetry capabilities as well as progressing on our

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