Tecan Group AG (XSWX:TECN)

CHF 203 5.5 (2.78%) Market Cap: 2.53 Bil Enterprise Value: 2.50 Bil PE Ratio: 26.16 PB Ratio: 1.87 GF Score: 88/100

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Full Year 2019 Tecan Group AG Earnings Call Transcript

Mar 17, 2020 / 08:00AM GMT

Release Date Price: CHF275 (+9.91%)

Transcript

Operator

Ladies and gentlemen, welcome to the Tecan Group Full Year Results 2019 Conference Call and Live Webcast. I am Myra, the Chorus Call operator. (Operator Instruction] The conference must not be recorded for publication or broadcast.

At this time, it's my pleasure to hand over to Dr. Achim von Leoprechting, CEO. Please go ahead, sir.

Achim von Leoprechting

Tecan Group Ltd. - Head of the Partnering Business Division, CEO & Member of Management Board

Thank you very much, operator. Good morning, and welcome to the 2019 full year results presentation. Tecan is celebrating its 40th birthday this year, and coincidentally today, March 18, is the actual birthday. We are very proud of what we have accomplished together with our customers in these 4 decades and would certainly have celebrated this anniversary with employees and customers today. However, looking at the global coronavirus outbreak, it clearly does not feel like celebrating. The COVID-19 disease and government's actions to limit and slow down the infection rate is dictating most of the headlines

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