Russel Metals Inc (TSX:RUS)
C$ 42.49 -0.1 (-0.23%) Market Cap: 2.44 Bil Enterprise Value: 2.54 Bil PE Ratio: 14.01 PB Ratio: 1.52 GF Score: 88/100

Q2 2020 Russel Metals Inc Earnings Call Transcript

Aug 07, 2020 / 01:00PM GMT
Release Date Price: C$17.91 (-2.93%)
Operator

Good morning, ladies and gentlemen, and welcome to the 2020 Second Quarter Results Conference Call for Russel Metals. Today's call will be hosted by Martin Juravsky, Executive Vice President and Chief Financial Officer; and John Reid, President and Chief Executive Officer of Russel Metals. (Operator Instructions)

I will now turn the meeting over to Martin Juravsky. Please go ahead.

Martin Leb Juravsky
Russel Metals Inc. - CFO

Thank you, Chris. Good morning, everyone. I plan on providing a brief overview of the Q2 highlights to give a context for the key developments that we have seen. If you want to follow along, I'll be using the PowerPoint slides that are on our website. Just go to the Investor Relations, Conference Calls part of the website, and you'll be able to find it.

On Page 3, you can read our cautionary statement on forward-looking information.

So let me start on Page 5 with a few summary observations. One, it was obviously a very unusual quarter with the developments related to the COVID-19 challenges. In fact, the

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