Fugro NV (OTCPK:FUGRF)

$ 23.75 2.05 (9.45%) Market Cap: 1.93 Bil Enterprise Value: 2.06 Bil PE Ratio: 7.30 PB Ratio: 1.42 GF Score: 73/100

Full Year 2020 Fugro NV Earnings Call Transcript

Feb 19, 2021 / 10:30AM GMT

Release Date Price: $11.73

Transcript

Catrien van Buttingha Wichers

Fugro N.V. - Director of IR

Welcome, everybody. Good afternoon. Welcome to the full year results webcast of Fugro. I'm Catrien van Buttingha, Investor Relations. I'm here with Mark Heine, CEO; and Paul Verhagen, CFO. They'll give a presentation that will last about 30 minutes or so, I guess, in total. And afterwards, there will be room for questions.

Mark, can I turn it over to you, please?

Mark Rembold Frodo Heine

Fugro N.V. - Chairman of Management Board & CEO

Sure. Thank you very much, Catrien. I will first go for an introduction and then hand over to Paul for the detailed financials.

We'll start with some highlights of 2020. I would like to say that, obviously, 2020 was a special year, as we all know, COVID very present and started in the second quarter of the year, obviously, having an effect on Fugro. Therefore, we also see over the full year a revenue decline of 12.4%. However, having said that, looking back on the full year, we can be pleased with the results that we managed to get in this quite

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