Vale SA (NYSE:VALEPR.PFD)

$ 10.24 0 (0%) Market Cap: - Enterprise Value: 50.41 Bil PE Ratio: 4.84 PB Ratio: 1.10 GF Score: 84/100

Q4 2018 Vale SA Earnings Call Transcript

Mar 28, 2019 / 03:00PM GMT

Transcript

Operator

Good morning, ladies and gentlemen. Welcome to Vale's conference call to discuss fourth quarter and fiscal year 2018 results. (Operator Instructions) As a reminder, this conference is being recorded, and the recording will be available on the company's website at vale.com at the Investors link.

This conference call is accompanied by a slide presentation also available at the Investors link at the company's website and transmitted via Internet as well. The broadcasting via Internet, both the audio and the slide changes, has a few seconds delay in relation to the audio transmitted via phone.

Before proceeding, let me mention that forward-looking statements are being made under the safe harbor of the Securities Litigation Reform Act of 1996 (sic) [1995]. Actual performance could differ materially from that anticipated in any forward-looking comments as a result of macroeconomic conditions, market risks and other factors.

With us today is Mr. Luciano Siani Pires, CFO and IRO. First, Mr. Luciano Siani Pires will proceed with -- proceed to the presentation on Vale's 2018 performance,

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