Gaztransport et technigaz SA (OTCPK:GZPZF)
$ 139 -13.33 (-8.75%) Market Cap: 4.94 Bil Enterprise Value: 4.63 Bil PE Ratio: 16.49 PB Ratio: 11.29 GF Score: 96/100

Q3 2019 Gaztransport et Technigaz SA Corporate Sales Call Transcript

Oct 17, 2019 / 04:15PM GMT
Release Date Price: $95.5
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the GTT Third Quarter 2019 Activity Update. (Operator Instructions) I must advise you this conference is being recorded today, 17th of October, 2019.

And now I would like to hand the conference over to your speaker today, Mr. Marc Haestier. Please go ahead, sir.

Marc Haestier
Gaztransport & Technigaz SA - CFO

Thank you very much, and good evening or good afternoon, everybody. Thank you for attending this call. And I will go through the key highlights of our 9 months trading statement.

So to start with, let's look at the key events, key highlights for the third quarter. First of all, in terms of core business, the momentum on orders is still very strong. We had 14 orders for LNG carriers in the third quarter, 6 orders for ethane carriers, 3 for Gravity Based Structures. So in terms of total orders for the 9 months, that's a total of 49 new orders, which can be compared to 51 for the whole of last year of 2018.

So as mentioned, orders for very large ethane carriers,

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