Talgo SA (LTS:0R99)
€ 3.3775 0.01 (0.3%) Market Cap: 412.95 Mil Enterprise Value: 832.91 Mil PE Ratio: 19.94 PB Ratio: 1.42 GF Score: 78/100
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Q1 2019 Talgo SA Earnings Call Transcript

May 14, 2019 / 12:00PM GMT
Release Date Price: €5.76 (+0.88%)
Javier Oriol PiÃ;eyro
Talgo, S.A. - IR Director

± -

Good afternoon. Thank you very much for joining us in the conference and to obtain the results obtained in the first quarter of 2019. José María de Oriol and Eduardo Fernández-Gorostiaga will go through the presentation. And at the end of the presentation, we will open a Q&A session to clarify all the questions you may have.

JosÃ;MarÃ;a de Oriol Fabra
Talgo, S.A. - CEO & Director

©­ -

Thank you, Javier. And good afternoon, ladies and gentlemen. Today, Eduardo and I will be happy to highlight our first quarter results and answer any questions you may have. The first quarter of the year has been marked by a transition of Mecca-Medina manufacturing project to the Spanish Very High Speed project. Situation which is still being reflected in both industrial activity, and therefore the income statement of the company. With all this ongoing projects were executed in time and budget. On top of this, the commercial activity is delivering great results, and at the

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