Valneva SE (NAS:VALN)

$ 4.3307 0.1342 (3.2%) Market Cap: 351.65 Mil Enterprise Value: 398.38 Mil PE Ratio: 0 PB Ratio: 1.60 GF Score: 69/100

Q1 2020 Valneva SE Earnings Call Transcript

May 07, 2020 / 01:00PM GMT

Transcript

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Valneva Q1 2020 Interim Results Conference Call. (Operator Instructions) I must advise you that this conference is being recorded today, Thursday, the 7th of May 2020. I would now like to hand the conference over to our first speaker today, CEO, Thomas Lingelbach.

Thank you, please go ahead.

Thomas Lingelbach

Valneva SE - Chairman of the Management Board, President & CEO

Yes. Good day, everyone. And good day to Valneva's quarter 1 earnings call, which in these difficult times -- the COVID pandemic came as a big surprise to all of us, not so much to the vaccinologists, of course, who have been thinking about pandemics for a long time. But of course, it's affecting our lives, it's affecting our businesses. It's affecting global economy. We have -- we are being affected on our travelers segment as part of our commercial business. At the same time, we had the most important and strategically utmost important events in the first quarter of this year. So therefore, it's a mix of

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