Bystronic AG (LTS:0QW1)

CHF 309 0 (0%) Market Cap: 645.19 Mil Enterprise Value: 341.49 Mil PE Ratio: 480.00 PB Ratio: 0.94 GF Score: 69/100

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Half Year 2021 Bystronic AG Earnings Call Transcript

Aug 06, 2021 / 08:00AM GMT

Release Date Price: CHF1270.44 (-1.19%)

Transcript

Operator

Ladies and gentlemen, welcome to the First Half 2021 Results Conference Call and Live Webcast. I am Alice the Chorus Call operator. (Operator Instructions)

At this time, it's my pleasure to hand over to Alex Waser, CEO of Bystronic Group. Please go ahead, sir.

Alex Waser

Bystronic AG - CEO of Bystronic

Thank you very much, Alice. Good morning, ladies and gentlemen, and thank you very much for joining our half year 2021 report of Bystronic. I'm here together with Beat Neukom, our CFO, and we're looking forward to give you an update today.

I go to the next page. Before I do go into the details, let me remind you of the usual disclaimer statement. As you can see on Slide #2. I will refrain from reading it out loud and move quickly into the agenda for today's call.

As you can see, we're going to start with the transformation milestones. We've actually accomplished quite a lot of milestones this half of the year. Following by the name change approval by the General Assembly, we're actually going to then talk about the 2025 execution,

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