Vienna Insurance Group AG (OTCPK:VNRFY)
$ 5.81 0 (0%) Market Cap: 3.72 Bil Enterprise Value: 3.73 Bil PE Ratio: 6.91 PB Ratio: 0.64 GF Score: 82/100
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Full Year 2018 Vienna Insurance Group AG Wiener Versicherung Gruppe Earnings Call Transcript

Mar 21, 2019 / 02:00PM GMT
Release Date Price: $4.76
Operator

Dear ladies and gentlemen, welcome to the Full-Year 2018 Results Call of Brenntag AG. At our customer's request, this conference will be recorded. (Operator Instructions) May I now hand you over to Steven Holland, who will lead you through this conference. Please go ahead, sir.

Steven Holland

Thank you very much and welcome everybody to the Brenntag Results Call for the Full-Year 2018. As usual, I am here with my CFO, Georg Müller, and we will walk you through the presentation and afterward answer your questions. I think it has been quite a successful year for our company and we have reached all-time highs for our two most important KPIs, operating gross profit and and operating EBITDA. Those amounted to EUR 2.66 billion which [including FX, suggests] a growth of 7.5%, EBITDA growth was even stronger with 8.4% and [EBITDA at] EUR 826 million in 2018. I'd like to highlight the growth is mainly coming from our organic business development [which includes] people around the world and with various programs and changes instituted this year, we -- during 2018 also

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